Dunedin, FL—34698
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dunedin, FL
As of Oct '25, the median home price in Dunedin, FL is $401,000, with a year-over-year change of -7.2%. This indicates that home prices in Dunedin, FL are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $401,000 | -7.3% |
| Single Family | $457,000 | -6.2% |
| Condos | $200,000 | -11.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $155,000 | -13.9% |
2 Bed | $300,000 | -8.5% |
3 Bed | $497,000 | -4.8% |
4 Bed | $697,000 | -3.6% |
| 5 Bed | $997,000 | -1.1% |
% of Housing Stock
Rental Trends — Dunedin, FL
As of July '25, Rentcast reports the average rent in Dunedin, FL is $2,550, with a year-over-year rent change of 3.7%. Per bedroom, the median rent as of July '25 in Dunedin, FL is studios: $1,400, 1-bedrooms: $1,700, 2-bedrooms: $2,350, 3-bedrooms: $3,130, 4-bedrooms: $4,000. The most common rental property sizes in Dunedin, FL are 2-bedroom and 1-bedroom, accounting for 42.1% and 31.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,350 | $2,550 |
| Studio Rent | $1,400 | $1,400 |
| 1 Bed Rent | $1,570 | $1,700 |
| 2 Bed Rent | $2,250 | $2,350 |
| 3 Bed Rent | $2,800 | $3,130 |
| 4 Bed Rent | $3,450 | $4,000 |
% of Rental Stock
Property Listings — Dunedin, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Dunedin, FL is 84. This is a increase of 14.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $404,000 | -4.0% |
Listing Count | 379 | 23.0% |
| Listings as % of Homes | 1.1% | 23.0% |
Days on Market | 84 | 14.0% |
Demographics — Dunedin, FL
As of the latest ACS Survey released in 2023, Dunedin, FL has a population of 37,800, which has decreased by -2.8% over the past 5 years. Dunedin, FL is a less popular place for families, as children make up 11.6% of the population. The area has a moderately educated workforce, with 35.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 21.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 37,800 | -2.8% |
% Under 18 | 11.6% | -16.5% |
% Seniors | 34.5% | 8.8% |
% WFH | 21.8% | 202.8% |
% w/ College Degree | 35.8% | 10.5% |
As of the latest ACS Survey released in 2023, Dunedin, FL is a predominantly white area, with 83.2% of the population identifying as white. The white population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Dunedin, FL is hispanic, making up 6.1% of the population. Foreign-born residents account for 8.0% of the population in Dunedin, FL, and this percentage has decreased by 15.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 83.2% | -1.4% |
% Black | 5.1% | 34.2% |
% Hispanic | 6.1% | 3.4% |
% Asian | 1.1% | -57.7% |
% Foreign Born | 8.0% | -15.8% |
Mortgage and Risk — Dunedin, FL
According to HUD data as of 2023, there were 730 mortgage originations in Dunedin, FL, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Dunedin, FL. Investor activity is low, as 3.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 730 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 3.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Dunedin, FL
As of 2024, the percent of homes in Dunedin, FL under the Section 8 program is 5.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Dunedin, FL, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 282 |
Total Units Section 8 | 282 |
% Rentals under Section 8 | 5.5% |
% Occupied Section 8 | 88.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $1,570 | $1,630 |
| 2 Bedroom | -$340 | $2,250 | $1,910 |
| 3 Bedroom | -$350 | $2,800 | $2,450 |
| 4 Bedroom | -$470 | $3,450 | $2,980 |
Affordability — Dunedin, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.1 |
| Median Home Price | $401,000 |
| Median Household Income | $67,300 |