Dunn, NC


Highest Appreciating Dunn Neighborhoods Since 2000

Dunn, NC 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

Dunn Housing Market Information

With a population of 9,723, 3,942 total housing units (homes and apartments), and a median house value of $119,451, house prices in Dunn are solidly below the national average.

Single-family detached homes are the single most common housing type in Dunn, accounting for 69.73% of the city's housing units. Other types of housing that are prevalent in Dunn include duplexes, homes converted to apartments or other small apartment buildings ( 16.92%), large apartment complexes or high rise apartments ( 7.86%), and a few row houses and other attached homes ( 4.92%).

The most prevalent building size and type in Dunn are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 52.10% owning and 47.90% renting.

There is a lot of housing in Dunn 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 Dunn built between 1940-1969 ( 36.45%). A lesser amount of the housing stock also hails from before 1939 ( 9.75%). There's also some housing in Dunn built between 2000 and later ( 8.69%).

Vacant housing appears to be an issue in Dunn. Fully 13.02% of the housing stock is classified as vacant. Left unchecked, vacant Dunn homes and apartments can be a drag on the real estate market, holding Dunn 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.

Dunn Home Appreciation Rates

Real estate appreciation rates in Dunn's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.76% during the period.

Over the last year, Dunn appreciation rates have trailed the rest of the nation. In the last twelve months, Dunn's appreciation rate has been 0.49%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Dunn were at -0.54%, which equates to an annual appreciation rate of -2.13%.

Notably, Dunn's appreciation rate in the latest quarter is one of the lowest in America.

Relative to North Carolina, our data show that Dunn's latest annual appreciation rate is lower than 80% of the other cities and towns in North Carolina.

Average Home Values


Median Home Value:


Value Range
> $1,006,000 0.2
$755,001 - $1,006,000 0.0
$503,001 - $755,000 1.0
$402,001 - $503,000 1.3
$302,001 - $402,000 2.1
$201,001 - $302,000 9.6
$101,001 - $201,000 40.1
$50,001 - $101,000 32.8
$0 - $50,000 12.9

Low for NC
Low for Nation

Value Relative to Nation Value Relative to State
65.6920192195008 62.2504537205082

Number Of Homes And Apartments:

Dunn Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
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
18.82% 1.00% 4 2
* 10 is highest

Rent & Ownership


Average Market Rent:
$844 / per month

Homeownership Rate

Owners 52.10
Renters 47.90
Vacant 13.02

Housing Market Details


Age of Homes

2000 or Newer 8.7
1970 - 1999 45.1
1940 - 1969 36.5
1939 or Older 9.8

Types of Homes

Single-Family 69.7
Townhomes 4.9
Small Apt. Buildings 16.9
Apt. Complexes 7.9
Mobile Homes 0.6
Other 0.0

Home Size

No Bedroom 1.54
1 Bedroom 11.32
2 Bedrooms 28.24
3 Bedrooms 47.66
4 Bedrooms 8.61
5 or more bedrooms 2.63