Dunkirk, MD
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Dunkirk Neighborhoods Since 2000




Dunkirk, MD Real Estate Data


Dunkirk Housing Market Information

With a population of 2,520, 1,044 total housing units (homes and apartments), and a median house value of $488,046, Dunkirk house prices are not only among the most expensive in Maryland, Dunkirk real estate also is some of the most expensive in all of America.

Dunkirk is a town of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Dunkirk than is found in 98% of the communities in America.

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Dunkirk. Owner-occupied housing accounts for 92.50% of Dunkirk's homes, and 77.06% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Dunkirk 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 Dunkirk built between 2000 and later ( 10.43%). A lesser amount of the housing stock also hails from between 1940-1969 ( 9.53%). There's also some housing in Dunkirk built before 1939 ( 3.37%).

Dunkirk Home Appreciation Rates

Homes have actually lost value in Dunkirk over the last then years, as home values have seen a decline of 21.28% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Dunkirk home appreciation rates at 0.94%, which equates to an annual appreciation rate of 3.81%.

NeighborhoodScout's data show that during the latest twelve months, Dunkirk's appreciation rate, at 3.71%, has been at or slightly above the national average. In the latest quarter, Dunkirk's appreciation rate has been 0.94%, which annualizes to a rate of 3.81%.

Relative to Maryland, our data show that Dunkirk's latest annual appreciation rate is higher than 50% of the other cities and towns in Maryland.

Average Home Values

 

Median Home Value:
$488,046

Dunkirk, MD HOME PRICES

Value Range
> $1,064,000 1.9
$798,001 - $1,064,000 4.8
$532,001 - $798,000 26.8
$426,001 - $532,000 21.9
$319,001 - $426,000 27.9
$213,001 - $319,000 11.5
$106,001 - $213,000 1.7
$53,001 - $106,000 0.0
$0 - $53,000 3.1

Very High for MD
Very High for Nation

Value Relative to Nation Value Relative to State
6.09398804640806 12.5954198473282

Number Of Homes And Apartments:
1,044

Rent & Ownership

 

Average Market Rent:
$3,081 / per month

Homeownership Rate

Homeownership
Owners 92.50
Renters 7.50
Vacant 3.01

Housing Market Details

 

Age of Homes

AGE OF Dunkirk HOMES
2000 or Newer 10.4
1970 - 1999 76.7
1940 - 1969 9.5
1939 or Older 3.4

Types of Homes

TYPE OF Dunkirk HOMES
Single-Family 97.1
Townhomes 0.3
Small Apt. Buildings 0.4
Apt. Complexes 0.0
Mobile Homes 2.2
Other 0.0

Home Size

SIZE OF Dunkirk HOMES
No Bedroom 0.00
1 Bedroom 0.00
2 Bedrooms 3.91
3 Bedrooms 31.93
4 Bedrooms 45.13
5 or more bedrooms 19.03

Dunkirk Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MD*
Compared To
America*
Latest Quarter:
2016 Q3 - 2016 Q4
Last 12 Months:
2015 Q4 - 2016 Q4
Last 2 Years:
2014 Q4 - 2016 Q4
Last 5 Years:
2011 Q4 - 2016 Q4
Last 10 Years:
2006 Q4 - 2016 Q4
Since 2000:
2000 Q1 - 2016 Q4
57.58% 2.67% 5 7
* 10 is highest