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 1,693 people, 665 houses or apartments, and a median cost of homes of $162,556, 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%).
Dundee's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Dundee during the period has been just 5.67%, which is lower than 70% of US communities.
Over the last year, Dundee appreciation rates have trailed the rest of the nation. In the last twelve months, Dundee's appreciation rate has been 3.83%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Dundee were at 5.43%, which equates to an annual appreciation rate of 23.57%.
Importantly, this makes Dundee one of the highest appreciating communities in the nation for the latest quarter, and may signal the village's near-future real estate investment strength.
Relative to New York, our data show that Dundee's latest annual appreciation rate is lower than 80% of the other cities and towns in New York.
$162,556
for New york
for nation
665
$1,189 / per month