Dalton appreciation rates and housing market information

Dalton housing market information

With 28,233 people, 10,309 houses or apartments, and a median cost of homes of $174,430, Dalton real estate prices are well above average cost compared to national prices.

single-family detached homes are the single most common housing type in Dalton, accounting for 53.41% of the city's housing units. Other types of housing that are prevalent in Dalton include large apartment complexes or high rise apartments (23.66%), duplexes, homes converted to apartments, or other small apartment buildings (17.25%), row houses and other attached homes (3.98%), and a few mobile homes or trailers (1.71%).

People in Dalton primarily live in small (one, two, or no bedroom) single-family detached homes. Dalton has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Dalton built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Dalton built from 1940-1969 (35.74%). A lesser amount of the housing stock also hails from 1995 and later (10.19%), and some were built from 1939 and earlier (10.19%).

Dalton home appreciation rates

Dalton's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Dalton during the period has been just 6.20%, which is lower than % of US communities.

Over the last year, Dalton appreciation rates have trailed the rest of the nation. In the last twelve months, Dalton's appreciation rate has been -1.37%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Dalton were at 9.87%, which equates to an annual appreciation rate of 39.48%.

Importantly, this makes Dalton one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Georgia, our data show that Dalton's latest annual appreciation rate is higher than 17% of the other cities and towns in Georgia.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Dalton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Dalton - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Dalton real estate investment or home purchase decisions.