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 about Scout's Real Estate Data
With a population of 1,693, 665 total housing units (homes and apartments), and a median house value of $156,657, house prices in Dundee are some of the most affordable in New York as well as the nation.
Single-family detached homes are the single most common housing type in Dundee, accounting for 44.52% of the village's housing units. Other types of housing that are prevalent in Dundee include duplexes, homes converted to apartments or other small apartment buildings ( 19.00%), large apartment complexes or high rise apartments ( 18.86%), and a few mobile homes or trailers ( 15.40%).
People in Dundee primarily live in small (one, two or no bedroom) single-family detached homes. Dundee has a mixture of owner-occupied and renter-occupied housing.
The housing in Dundee was primarily built before 1939 ( 45.35%), making the housing stock in Dundee some of the oldest overall in America, although there is a range of ages of homes in Dundee. The next most important housing age is between 1970-1999 ( 34.40%), followed by between 1940-1969 ( 16.37%). There's also some housing in Dundee built between 2000 and later ( 3.88%).
Real estate appreciation rates in Dundee's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.44% during the period.
Appreciation rates are so strong in Dundee that despite a nationwide downturn in the housing market, Dundee real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Dundee appreciation rates continue to be some of the highest in America, at 11.24%, which is higher than appreciation rates in 97.95% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Dundee. Dundee appreciation rates in the latest quarter were at 1.91%, which equates to an annual appreciation rate of 7.84%.
Relative to New York, our data show that Dundee's latest annual appreciation rate is higher than 90% of the other cities and towns in New York.
$156,657
for New york
for nation
665
$1,094 / per month