Neighborhood Profile

Dunes

Albany, NY | Albany County
Scored premium profile
Best Neighborhoods USA Index
66.3
National rank: #2,182 of 14,967
Stability and Strength
59.1
Score
Value Opportunity
67.2
Score
Momentum
76.5
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationAlbany, NY
CountyAlbany County
National rank#2,182 of 14,967
State rank#51 of 418
City rank#8 of 26
County rank#8 of 26
National percentile85.4
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$316,149
Year-over-year home value change3.8%
Month-over-month home value change0.27%
Home value to income ratio3.79
Median household income$83,412
Bachelor's degree or higher61.5%
Civilian unemployment rate5.0%
Homeownership rate66.4%
Housing vacancy rate2.9%
Rent burden 30% or higher57.8%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Dunes

What is the Best Neighborhoods USA ranking for Dunes?

Dunes is ranked #8 of 26 eligible neighborhoods in Albany; #51 of 418 eligible neighborhoods in NY; and #2,182 of 14,967 eligible neighborhoods in the United States.

Is Dunes one of the best neighborhoods in Albany?

Dunes has a Best Neighborhoods USA Index of 66.3 and a city ranking of #8 of 26 eligible neighborhoods in Albany.

How much are homes worth in Dunes?

The current Zillow Home Value Index for Dunes is approximately $316,149.

Are home values rising or falling in Dunes?

Zillow neighborhood values changed 3.8% year over year and 0.27% month over month.

What is the Neighborhood Momentum Score for Dunes?

Dunes has a Neighborhood Momentum Score of 76.5. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Dunes?

The NDS-derived neighborhood median household income is approximately $83,412.

How affordable is Dunes relative to household income?

The current Zillow home-value-to-household-income ratio is 3.79. Price-to-income affordability is a major Value Opportunity input.

Is Dunes primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 66.4%.

What is the unemployment rate in Dunes?

The NDS-derived civilian unemployment rate is approximately 5.0%.

How educated are residents of Dunes?

Approximately 61.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Dunes face high rent burden?

Approximately 57.8% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Dunes?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications21
Estimated originations15
Home-purchase applications14
Origination rate70.2%
Home-purchase share63.7%
Average application loan$171,357
Total application loan amount$3,633,580
National application rank#10,452 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 9.1% YoY; originations -3.2% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.