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 8,138, 2,804 total housing units (homes and apartments), and a median house value of $612,962, real estate costs in Dayton are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New Jersey communities.
Single-family detached homes are the single most common housing type in Dayton, accounting for 45.11% of the town's housing units. Other types of housing that are prevalent in Dayton include row houses and other attached homes ( 41.39%), large apartment complexes or high rise apartments ( 10.37%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.13%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Dayton. Owner-occupied housing accounts for 87.80% of Dayton's homes, and 72.61% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Dayton 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 Dayton built between 2000 and later ( 16.67%). A lesser amount of the housing stock also hails from between 1940-1969 ( 7.94%). There's also some housing in Dayton built before 1939 ( 1.88%).
Dayton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Dayton during the period has been just 4.59%, which is lower than 80% of US communities.
NeighborhoodScout's data show that during the latest twelve months, Dayton's appreciation rate, at 4.85%, has been at or slightly above the national average. In the latest quarter, Dayton's appreciation rate has been 0.41%, which annualizes to a rate of 1.66%.
Relative to New Jersey, our data show that Dayton's latest annual appreciation rate is lower than 50% of the other cities and towns in New Jersey.
$612,962
for New jersey
for nation
2,804
$3,663 / per month