Dunedin, Florida Housing Market Prices
Dunedin Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 2% below the Florida median$303,605
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Median rent About the same as the Florida median$1,674
Housing Market Overview
| Metric | Dunedin | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $303,605 | $311,338 | $248,835 |
| Price Trend (Annual %) | 18.8% | 11.2% | 7.5% |
| Median Gross Rent | $1,674 | $1,668 | $1,407 |
| Rent Trend (Annual %) | 7.1% | 6.2% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Dunedin is about 2% lower than in Florida. Rent follows a similar pattern, running close to the Florida average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Dunedin, up about 18.8% and 7.1% a year respectively. Home prices are changing faster.
Median rent in Dunedin rose about 72.7% between 2015 and 2024, from $969 to $1,674. Over the same span, rent in Florida rose about 66.5%.
Affordability
On average, housing unit costs 4.1 yearly household incomes in Dunedin.
Buying the median-priced home in Dunedin costs roughly 15.1 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Dunedin. The price-to-rent ratio in Florida is about 15.6.
| Metric | Dunedin | Florida Avg | US Average |
|---|---|---|---|
| Median Home Price | $303,605 | $311,338 | $248,835 |
| Median Household Income | $74,115 | $74,580 | $80,455 |
| Price-to-Income Ratio | 4.1 | 4.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Dunedin rose about 264.4%, while median household income rose about 54.4% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Dunedin | Florida Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 60.6% | 57.7% | 58.5% |
| Rental Rate | 21.5% | 27.7% | 31.2% |
| Vacancy Rate | 17.9% | 14.6% | 10.2% |
| Median Tenure (years) | 12.0 | 13.0 | 15.0 |
| Median Year Moved In | 2014 | 2013 | 2011 |
Dunedin has a homeownership rate of 60.6%, higher than the Florida average of 57.7%. Its housing vacancy rate is 17.9%, compared with 14.6% in Florida.
Housing Stock
| Metric | Dunedin | Florida Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.06 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1975 | 1988 | 1978 |
| Median Number of Rooms | 4.8 | 5.2 | 5.5 |
The typical housing unit in Dunedin was built around 1975. On average, 2.1 people live in a home with about 4.8 rooms, staying for about 12.0 years on average.
Dunedin, FL Housing Compared With Nearby Cities
How Dunedin, FL compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Dunedin, FL | 36,661 | $303,605 #1/3 | $1,674 #2/3 | 73.8% #2/3 |
| Palm Harbor, FL | 57,735 | $209,218 | $1,797 | 77.5% |
| Clearwater, FL | 107,767 | $194,893 | $1,628 | 61.5% |
Frequently Asked Questions
Common questions about the housing market in Dunedin, Florida.
What is the median home price in Dunedin, Florida?
The median home price in Dunedin, Florida is $303,605, lower than the Florida average of $311,338.
What is the average home price in Dunedin, Florida?
The typical home price in Dunedin, Florida, reported as the median sale price, is $303,605. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Dunedin, Florida?
The median gross rent in Dunedin, Florida is $1,674 per month, about the same as the Florida average.
What was the median gross rent in Dunedin in 2020?
In 2020, the median gross rent in Dunedin, Florida was $1,100 per month.
What is the price-to-rent ratio in Dunedin, Florida?
The price-to-rent ratio in Dunedin, Florida is about 15.1, meaning it would take roughly 15.1 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Dunedin.
Are home prices or rent rising faster in Dunedin, Florida?
Both home prices and rent are rising in Dunedin, up about 18.8% and 7.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Dunedin, Florida?
60.6% of households in Dunedin, Florida own their home, higher than the Florida average of 57.7%.
What is the vacancy rate in Dunedin, Florida?
The housing vacancy rate in Dunedin, Florida is 17.9%, higher than the Florida average of 14.6%.
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