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 7,722 people, 3,057 houses or apartments, and a median cost of homes of $263,026, Dingmans Ferry real estate and house prices are near the national average for all cities and towns.
Single-family detached homes are the single most common housing type in Dingmans Ferry, accounting for 97.52% of the town's housing units. Other types of housing that are prevalent in Dingmans Ferry include mobile homes or trailers ( 1.07%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Dingmans Ferry. Owner-occupied housing accounts for 88.39% of Dingmans Ferry's homes, and 69.85% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Dingmans Ferry 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 Dingmans Ferry built between 2000 and later ( 22.67%). A lesser amount of the housing stock also hails from between 1940-1969 ( 16.47%). There's also some housing in Dingmans Ferry built before 1939 ( 7.86%).
Vacant housing appears to be an issue in Dingmans Ferry. Fully 29.33% of the housing stock is classified as vacant. Left unchecked, vacant Dingmans Ferry homes and apartments can be a drag on the real estate market, holding Dingmans Ferry real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Dingmans Ferry's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Dingmans Ferry during the period has been just 5.21%, which is lower than 80% of US communities.
Appreciation rates are so strong in Dingmans Ferry that despite a nationwide downturn in the housing market, Dingmans Ferry real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Dingmans Ferry appreciation rates continue to be some of the highest in America, at 9.32%, which is higher than appreciation rates in 83.06% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Dingmans Ferry. Dingmans Ferry appreciation rates in the latest quarter were at 2.82%, which equates to an annual appreciation rate of 11.77%.
Relative to Pennsylvania, our data show that Dingmans Ferry's latest annual appreciation rate is higher than 80% of the other cities and towns in Pennsylvania.
$263,026
for Pennsylvania
for nation
3,057
$2,052 / per month