Dayton appreciation rates and housing market information

Dayton housing market information

With 1,352 people, 570 houses or apartments, and a median cost of homes of $253,683, Dayton real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Dayton, accounting for 68.95% of the town's housing units. Other types of housing that are prevalent in Dayton include large apartment complexes or high rise apartments (13.68%), duplexes, homes converted to apartments, or other small apartment buildings (12.11%), row houses and other attached homes (2.63%), and a few mobile homes or trailers (2.28%).

The most prevalent building size and type in Dayton are three and four bedroom single-family detached homes. The town has a mixture of owners and renters, with 59.65% owning, and 35.79% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Dayton's housing was primarily built during this period, from the '40s through the '60s. A full 37.89% of the town's housing hails from this era. Other housing ages represented in Dayton include homes built between 1970-1994 (29.30%), and housing constructed from 1939 and earlier (27.72%). There's also some housing in Dayton built between 1995 and later (5.09%).

Dayton home appreciation rates

In the last 10 years, Dayton has experienced some of the highest home appreciation rates of any community in the nation. Dayton real estate appreciated 111.55% over the last ten years, which is an average annual home appreciation rate of 11.15%, putting Dayton in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Dayton definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Dayton home appreciation rates, at 1.27%, have been at or slightly above the national average. In the latest quarter, Dayton's appreciation rate has been -0.07%, which annualizes to a rate of -0.28%.

Relative to Virginia, our data show that Dayton's latest annual appreciation rate is higher than 69% of the other cities and towns in Virginia.