In Spring 1961, Davies underwent surgery for malignant osteomyelitis. Twelve days after the operation, Davies fell in her hospital room and broke her leg. Her health rapidly failed over the following summer. Davies died of the malignant osteomyelitis on September 22, 1961, in Hollywood, California. Her funeral at the Immaculate Heart of Mary Church in Hollywood was attended by over 200 mourners and many Hollywood celebrities, including her friends Mary Pickford, Harold Lloyd, Charles "Buddy" Rogers, Glenn Ford, Kay Williams, and Johnny Weissmuller. Davies was buried in the Hollywood Forever Cemetery. She left an estate estimated at $20 million.