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 1,717, 750 total housing units (homes and apartments), and a median house value of $546,249, Dayton real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Dayton, accounting for 82.16% of the town's housing units. Other types of housing that are prevalent in Dayton include large apartment complexes or high rise apartments ( 7.42%), duplexes, homes converted to apartments or other small apartment buildings ( 5.08%), and a few mobile homes or trailers ( 2.99%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Dayton. Owner-occupied housing accounts for 69.07% of Dayton's homes, and 63.67% have either three or four bedrooms, which is average sized relative to America.
The housing in Dayton was primarily built before 1939 ( 33.20%), making the housing stock in Dayton some of the oldest overall in America, although there is a range of ages of homes in Dayton. The next most important housing age is between 1940-1969 ( 25.13%), followed by between 1970-1999 ( 20.83%). There's also some housing in Dayton built between 2000 and later ( 20.83%).
Appreciation rates for homes in Dayton have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 93.65%, which ranks in the top 50% nationwide. This equates to an annual average Dayton house appreciation rate of 6.83%.
Appreciation rates are so strong in Dayton that despite a nationwide downturn in the housing market, Dayton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Dayton appreciation rates continue to be some of the highest in America, at 12.15%, which is higher than appreciation rates in 93.94% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Dayton. Dayton appreciation rates in the latest quarter were at -0.90%, which equates to an annual appreciation rate of -3.54%.
Notably, Dayton's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Virginia, our data show that Dayton's latest annual appreciation rate is higher than 90% of the other cities and towns in Virginia.
$546,249
for Virginia
for nation
750
$1,577 / per month