Dunkirk, NY is a city with an affordable housing market that offers a great opportunity for homebuyers. The median value of homes in the area is 119,400 dollars, which is significantly lower than the national average of 338,100 dollars. The one year appreciation rate for homes in Dunkirk is 10.81%, which is higher than the US average of 8.27%. This makes Dunkirk a great choice for those looking to invest in housing as prices are expected to continue increasing. With its low cost of living and good investment potential, Dunkirk is an attractive choice for prospective home buyers.
The median home cost in Dunkirk is $119,400. Home appreciation the last 10 years has been 85.1%. Home Appreciation in Dunkirk is up 13.0%.
Average Age of Homes
- The median age of Dunkirk real estate is 78 years old
The Rental Market in Dunkirk
- Renters make up 34.9% of the Dunkirk population
- 0.3% of houses and apartments in Dunkirk, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.