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 22,186 people, 8,930 houses or apartments, and a median cost of homes of $231,048, Dickinson real estate is some of the most expensive in North Dakota, although Dickinson home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Dickinson, accounting for 54.58% of the city's housing units. Other types of housing that are prevalent in Dickinson include large apartment complexes or high rise apartments ( 24.14%), duplexes, homes converted to apartments or other small apartment buildings ( 8.38%), and a few mobile homes or trailers ( 6.48%).
The most prevalent building size and type in Dickinson are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 57.48% owning and 42.52% renting.
There is a lot of housing in Dickinson 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 Dickinson built between 2000 and later ( 30.76%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.62%). There's also some housing in Dickinson built before 1939 ( 7.62%).
Vacant housing appears to be an issue in Dickinson. Fully 14.98% of the housing stock is classified as vacant. Left unchecked, vacant Dickinson homes and apartments can be a drag on the real estate market, holding Dickinson 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.
In the last 10 years, Dickinson has experienced some of the highest home appreciation rates of any community in the nation. Dickinson real estate appreciated 51.99% over the last ten years, which is an average annual home appreciation rate of 4.27%, putting Dickinson in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Dickinson definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Over the last year, Dickinson appreciation rates have trailed the rest of the nation. In the last twelve months, Dickinson's appreciation rate has been 3.38%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Dickinson were at 1.35%, which equates to an annual appreciation rate of 5.51%.
Relative to North Dakota, our data show that Dickinson's latest annual appreciation rate is lower than 50% of the other cities and towns in North Dakota.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Dickinson differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Dickinson - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Dickinson real estate investment or home purchase decisions.
|$778,001 - $1,037,000||0.5|
|$518,001 - $778,000||3.1|
|$414,001 - $518,000||4.4|
|$311,001 - $414,000||12.5|
|$208,001 - $311,000||41.8|
|$104,001 - $208,000||26.8|
|$52,001 - $104,000||4.0|
|$0 - $52,000||6.2|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2018 Q4 - 2019 Q1
Last 12 Months:
2018 Q1 - 2019 Q1
Last 2 Years:
2017 Q1 - 2019 Q1
Last 5 Years:
2014 Q1 - 2019 Q1
Last 10 Years:
2009 Q1 - 2019 Q1
2000 Q1 - 2019 Q1
|* 10 is highest|
|AGE OF Dickinson HOMES|
|2000 or Newer||30.8|
|1970 - 1999||43.0|
|1940 - 1969||18.6|
|1939 or Older||7.6|
|TYPE OF Dickinson HOMES|
|Small Apt. Buildings||8.4|
|SIZE OF Dickinson HOMES|
|5 or more bedrooms||6.67|