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 5,998, 1,629 total housing units (homes and apartments), and a median house value of $251,972, Dundee 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 Dundee, accounting for 74.53% of the town's housing units. Other types of housing that are prevalent in Dundee include mobile homes or trailers ( 18.52%), duplexes, homes converted to apartments or other small apartment buildings ( 4.88%), and a few row houses and other attached homes ( 1.67%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Dundee. Owner-occupied housing accounts for 72.74% of Dundee's homes, and 74.29% have either three or four bedrooms, which is average sized relative to America.
Dundee homes and real estate are some of the newest in America. 42.86% of Dundee's housing was built since 2000, making the town have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Dundee real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 40.94%), and between 1940-1969 ( 10.69%). There's also some housing in Dundee built before 1939 ( 5.52%).
Vacant housing appears to be an issue in Dundee. Fully 19.75% of the housing stock is classified as vacant. Left unchecked, vacant Dundee homes and apartments can be a drag on the real estate market, holding Dundee 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.
In the last 10 years, Dundee has experienced some of the highest home appreciation rates of any community in the nation. Dundee real estate appreciated 211.40% over the last ten years, which is an average annual home appreciation rate of 12.03%, putting Dundee in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Dundee definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
Appreciation rates are so strong in Dundee that despite a nationwide downturn in the housing market, Dundee real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Dundee appreciation rates continue to be some of the highest in America, at 14.73%, which is higher than appreciation rates in 86.24% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Dundee. Dundee appreciation rates in the latest quarter were at 10.56%, which equates to an annual appreciation rate of 49.39%.
Importantly, this makes Dundee one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Florida, our data show that Dundee's latest annual appreciation rate is higher than 80% of the other cities and towns in Florida.
$251,972
for Florida
for nation
1,629
$1,651 / per month