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 22,739 people, 9,126 houses or apartments, and a median cost of homes of $220,677, Dickinson real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Dickinson, accounting for 50.74% of the city's housing units. Other types of housing that are prevalent in Dickinson include large apartment complexes or high rise apartments ( 29.71%), duplexes, homes converted to apartments or other small apartment buildings ( 8.55%), and a few row houses and other attached homes ( 5.71%).
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 52.42% owning and 47.58% 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 ( 35.74%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.39%). There's also some housing in Dickinson built before 1939 ( 6.87%).
Vacant housing appears to be an issue in Dickinson. Fully 15.39% 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 53.57% over the last ten years, which is an average annual home appreciation rate of 4.38%, putting Dickinson in the top 20% 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 2.83%, 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 -0.39%, which equates to an annual appreciation rate of -1.55%.
Notably, Dickinson's appreciation rate in the latest quarter is one of the lowest in America.
Relative to North Dakota, our data show that Dickinson's latest annual appreciation rate is higher than 60% 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.
|$792,001 - $1,057,000||0.5|
|$528,001 - $792,000||4.6|
|$422,001 - $528,000||5.0|
|$317,001 - $422,000||12.0|
|$212,001 - $317,000||41.7|
|$105,001 - $212,000||26.4|
|$53,001 - $105,000||5.3|
|$0 - $53,000||3.8|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2020 Q1 - 2020 Q2
Last 12 Months:
2019 Q2 - 2020 Q2
Last 2 Years:
2018 Q2 - 2020 Q2
Last 5 Years:
2015 Q2 - 2020 Q2
Last 10 Years:
2010 Q2 - 2020 Q2
2000 Q1 - 2020 Q2
|* 10 is highest|
|AGE OF Dickinson HOMES|
|2000 or Newer||35.7|
|1970 - 1999||40.0|
|1940 - 1969||17.4|
|1939 or Older||6.9|
|TYPE OF Dickinson HOMES|
|Small Apt. Buildings||8.5|
|SIZE OF Dickinson HOMES|
|5 or more bedrooms||6.54|