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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Dunkirk, NY Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Dunkirk, NY Housing Market Trends

With a population of 12,563, 5,766 total housing units (homes and apartments), and a median house value of $115,942, house prices in Dunkirk 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 Dunkirk, accounting for 63.33% of the city's housing units. Other types of housing that are prevalent in Dunkirk include duplexes, homes converted to apartments or other small apartment buildings ( 23.91%), large apartment complexes or high rise apartments ( 9.17%), and a few row houses and other attached homes ( 3.58%).

The most prevalent building size and type in Dunkirk are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.91% owning and 41.09% renting.

The housing in Dunkirk was primarily built before 1939 ( 46.29%), making the housing stock in Dunkirk some of the oldest overall in America, although there is a range of ages of homes in Dunkirk. The next most important housing age is between 1940-1969 ( 38.50%), followed by between 1970-1999 ( 13.80%). There's also some housing in Dunkirk built between 2000 and later ( 1.42%).

Dunkirk Home Appreciation Rates

Appreciation rates for homes in Dunkirk have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 83.17%, which ranks in the top 50% nationwide. This equates to an annual average Dunkirk house appreciation rate of 6.24%.

Appreciation rates are so strong in Dunkirk that despite a nationwide downturn in the housing market, Dunkirk real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Dunkirk appreciation rates continue to be some of the highest in America, at 8.56%, which is higher than appreciation rates in 89.03% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Dunkirk. Dunkirk appreciation rates in the latest quarter were at 4.61%, which equates to an annual appreciation rate of 19.76%.

Importantly, this makes Dunkirk one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to New York, our data show that Dunkirk's latest annual appreciation rate is lower than 50% of the other cities and towns in New York.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Dunkirk differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Dunkirk - 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 Dunkirk real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$115,942

Dunkirk, NY Home Prices
> $1,346,000
$1,010,001 - $1,346,000
$673,001 - $1,010,000
$539,001 - $673,000
$404,001 - $539,000
$269,001 - $404,000
$135,001 - $269,000
$67,001 - $135,000
$0 - $67,000
0.0%
0.0%
0.5%
0.5%
0.6%
0.6%
0.7%
0.7%
0.5%
0.5%
2.6%
2.6%
27.7%
27.7%
54.3%
54.3%
13.1%
13.1%
0% 100.0%
% of Homes
Very Low

for New york

Very Low

for nation

Number of Homes And Apartments:

5,766

Dunkirk Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,242 / per month

Homeownership Rate

Owners
Renters
58.9%
58.9%
41.1%
41.1%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.3%
8.3%
91.7%
91.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
1.4%
1.4%
13.8%
13.8%
38.5%
38.5%
46.3%
46.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
63.3%
63.3%
3.6%
3.6%
23.9%
23.9%
9.2%
9.2%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.7%
0.7%
10.4%
10.4%
28.9%
28.9%
40.1%
40.1%
14.8%
14.8%
5.0%
5.0%
0% 100.0%
% of Homes