Dudley, MA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Dudley, MA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Dudley Housing Market Information

With a population of 11,587, 4,037 total housing units (homes and apartments), and a median house value of $278,874, Dudley real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Dudley, accounting for 70.14% of the town's housing units. Other types of housing that are prevalent in Dudley include duplexes, homes converted to apartments or other small apartment buildings ( 19.50%), large apartment complexes or high rise apartments ( 10.06%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Dudley. Owner-occupied housing accounts for 70.71% of Dudley's homes, and 56.84% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Dudley built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Dudley built between 1940-1969 ( 29.38%). A lesser amount of the housing stock also hails from before 1939 ( 20.23%). There's also some housing in Dudley built between 2000 and later ( 12.98%).

Dudley Home Appreciation Rates

Dudley's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Dudley during the period has been just -1.75%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Dudley's appreciation rate, at 3.28%, has been at or slightly above the national average. In the latest quarter, Dudley's appreciation rate has been 0.33%, which annualizes to a rate of 1.33%.

Relative to Massachusetts, our data show that Dudley's latest annual appreciation rate is lower than 70% of the other cities and towns in Massachusetts.

Average Home Values

 

Median Home Value:
$278,874

Dudley, MA HOME PRICES

Value Range
> $1,109,000 0.3
$832,001 - $1,109,000 0.3
$554,001 - $832,000 1.1
$444,001 - $554,000 4.3
$333,001 - $444,000 17.1
$222,001 - $333,000 43.3
$111,001 - $222,000 24.2
$55,001 - $111,000 6.4
$0 - $55,000 3.0

Low for MA
Very High for Nation

Value Relative to Nation Value Relative to State
18.6218211648893 75.3205128205128

Number Of Homes And Apartments:
4,037

Dudley Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
33.12% 1.67% 1 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,120 / per month

Homeownership Rate

Homeownership
Owners 70.71
Renters 29.29
Vacant 7.92

Housing Market Details

 

Age of Homes

AGE OF Dudley HOMES
2000 or Newer 13.0
1970 - 1999 37.4
1940 - 1969 29.4
1939 or Older 20.2

Types of Homes

TYPE OF Dudley HOMES
Single-Family 70.1
Townhomes 0.3
Small Apt. Buildings 19.5
Apt. Complexes 10.1
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Dudley HOMES
No Bedroom 0.00
1 Bedroom 7.98
2 Bedrooms 33.55
3 Bedrooms 43.98
4 Bedrooms 12.86
5 or more bedrooms 1.62

Popular Neighborhoods in Dudley

Zip Codes in Dudley, MA