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 826 people, 497 houses or apartments, and a median cost of homes of $227,338, house prices in Dudley are solidly below the national average.
Mobile homes or trailers are the single most common housing type in Dudley, accounting for 83.18% of the town's housing units. Other types of housing that are prevalent in Dudley include single-family detached homes ( 16.82%).
Owner-occupied, three and four bedroom dwellings, primarily in mobile homes or trailers are the most prevalent type of housing you will see in Dudley. Owner-occupied housing accounts for 67.81% of Dudley's homes, and 66.73% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Dudley 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 Dudley built between 2000 and later ( 14.60%). A lesser amount of the housing stock also hails from between 1940-1969 ( 4.99%).
Real estate appreciation rates in Dudley's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 5.86% during the period.
Appreciation rates are so strong in Dudley that despite a nationwide downturn in the housing market, Dudley real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Dudley appreciation rates continue to be some of the highest in America, at 13.71%, which is higher than appreciation rates in 82.62% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Dudley. Dudley appreciation rates in the latest quarter were at 4.50%, which equates to an annual appreciation rate of 19.26%.
Importantly, this makes Dudley 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 North Carolina, our data show that Dudley's latest annual appreciation rate is higher than 80% of the other cities and towns in North Carolina.
$227,338
for North carolina
for nation
497
$1,363 / per month