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 12,563 people, 5,766 houses or apartments, and a median cost of homes of $116,631, 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%).
Real estate appreciation rates in Dunkirk's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.20% during the period.
NeighborhoodScout's data show that during the latest twelve months, Dunkirk's appreciation rate, at 7.57%, has been at or slightly above the national average. In the latest quarter, Dunkirk's appreciation rate has been -2.87%, which annualizes to a rate of -11.00%.
Notably, Dunkirk's appreciation rate in the latest quarter is one of the lowest in America.
Relative to New York, our data show that Dunkirk's latest annual appreciation rate is higher than 60% 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.
$116,631
for New york
for nation
5,766
$1,254 / per month