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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With 10,739 people, 1,885 houses or apartments, and a median cost of homes of $64,373, house prices in Dudley are some of the most affordable in North Carolina as well as the nation.
Mobile homes or trailers are the single most common housing type in Dudley, accounting for 48.17% of the town's housing units. Other types of housing that are prevalent in Dudley include single-family detached homes ( 46.60%), duplexes, homes converted to apartments or other small apartment buildings ( 3.96%), and a few large apartment complexes or high rise apartments ( 1.27%).
Owner-occupied, three and four bedroom dwellings, primarily in mobile homes or trailers are the most prevalent type of housing you will see in Dudley. Owner-occupied housing accounts for 65.75% of Dudley's homes, and 63.95% 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 ( 17.31%). A lesser amount of the housing stock also hails from between 2000 and later ( 9.24%). There's also some housing in Dudley built before 1939 ( 2.59%).
Vacant housing appears to be an issue in Dudley. Fully 18.65% of the housing stock is classified as vacant. Left unchecked, vacant Dudley homes and apartments can be a drag on the real estate market, holding Dudley real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Real estate appreciation rates in Dudley's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.23% during the period.
Over the last year, Dudley appreciation rates have trailed the rest of the nation. In the last twelve months, Dudley's appreciation rate has been -11.28%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Dudley were at -2.40%, which equates to an annual appreciation rate of -9.27%.
Notably, Dudley's appreciation rate in the latest quarter is one of the lowest in America.
Relative to North Carolina, our data show that Dudley's latest annual appreciation rate is lower than 90% of the other cities and towns in North Carolina.
|$680,001 - $907,000||0.0|
|$454,001 - $680,000||0.5|
|$363,001 - $454,000||0.3|
|$272,001 - $363,000||1.0|
|$181,001 - $272,000||3.2|
|$90,001 - $181,000||19.6|
|$45,001 - $90,000||38.3|
|$0 - $45,000||37.2|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
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
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Dudley HOMES|
|2000 or Newer||9.2|
|1970 - 1999||70.9|
|1940 - 1969||17.3|
|1939 or Older||2.6|
|TYPE OF Dudley HOMES|
|Small Apt. Buildings||4.0|
|SIZE OF Dudley HOMES|
|5 or more bedrooms||0.90|