Dansville, NY
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Dansville Neighborhoods Since 2000




Dansville, NY 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

Dansville Housing Market Information

With a population of 4,550, 1,983 total housing units (homes and apartments), and a median house value of $97,570, house prices in Dansville are solidly below the national average.

Single-family detached homes are the single most common housing type in Dansville, accounting for 59.99% of the village's housing units. Other types of housing that are prevalent in Dansville include duplexes, homes converted to apartments or other small apartment buildings ( 28.19%), large apartment complexes or high rise apartments ( 9.68%), and a few mobile homes or trailers ( 2.14%).

The most prevalent building size and type in Dansville are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 62.50% owning and 37.50% renting.

The housing in Dansville was primarily built before 1939 ( 57.63%), making the housing stock in Dansville some of the oldest overall in America, although there is a range of ages of homes in Dansville. The next most important housing age is between 1940-1969 ( 26.76%), followed by between 1970-1999 ( 15.03%).

Vacant housing appears to be an issue in Dansville. Fully 11.55% of the housing stock is classified as vacant. Left unchecked, vacant Dansville homes and apartments can be a drag on the real estate market, holding Dansville 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.

Dansville Home Appreciation Rates

Appreciation rates for homes in Dansville have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 11.68%, which ranks in the top 30% nationwide. This equates to an annual average Dansville house appreciation rate of 1.11%.

NeighborhoodScout's data show that during the latest twelve months, Dansville's appreciation rate, at 4.83%, has been at or slightly above the national average. In the latest quarter, Dansville's appreciation rate has been -0.57%, which annualizes to a rate of -2.26%.

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

Relative to New York, our data show that Dansville's latest annual appreciation rate is higher than 70% of the other cities and towns in New York.

Average Home Values

 

Median Home Value:
$97,570

Dansville, NY HOME PRICES

Value Range
> $1,089,000 0.0
$817,001 - $1,089,000 0.0
$545,001 - $817,000 0.0
$436,001 - $545,000 0.0
$327,001 - $436,000 0.0
$218,001 - $327,000 1.0
$109,001 - $218,000 29.3
$54,001 - $109,000 62.9
$0 - $54,000 6.8

Very Low for NY
Low for Nation

Value Relative to Nation Value Relative to State
79.1456697527247 85.0729517396184

Number Of Homes And Apartments:
1,983

Dansville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NY*
Compared To
America*
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
35.68% 1.78% 2 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$814 / per month

Homeownership Rate

Homeownership
Owners 62.50
Renters 37.50
Vacant 11.55

Housing Market Details

 

Age of Homes

AGE OF Dansville HOMES
2000 or Newer 0.6
1970 - 1999 15.0
1940 - 1969 26.8
1939 or Older 57.6

Types of Homes

TYPE OF Dansville HOMES
Single-Family 60.0
Townhomes 0.0
Small Apt. Buildings 28.2
Apt. Complexes 9.7
Mobile Homes 2.1
Other 0.0

Home Size

SIZE OF Dansville HOMES
No Bedroom 4.37
1 Bedroom 6.24
2 Bedrooms 33.76
3 Bedrooms 37.96
4 Bedrooms 13.02
5 or more bedrooms 4.64

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Zip Codes in Dansville, NY