Dahlonega, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Dahlonega Neighborhoods Since 2000




Dahlonega, GA Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Dahlonega Housing Market Information

With a population of 6,394, 2,177 total housing units (homes and apartments), and a median house value of $190,406, Dahlonega real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Dahlonega, accounting for 48.70% of the city's housing units. Other types of housing that are prevalent in Dahlonega include large apartment complexes or high rise apartments ( 29.50%), row houses and other attached homes ( 11.85%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 5.69%).

Dahlonega is dominated by renter-occupied one, two, or no bedrooms apartments. 74.44% of Dahlonega's dwellings are rentals.

There is a lot of housing in Dahlonega built from 1970 to 1999 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 Dahlonega built between 2000 and later ( 37.01%). A lesser amount of the housing stock also hails from between 1940-1969 ( 18.25%).

Vacant housing appears to be an issue in Dahlonega. Fully 14.02% of the housing stock is classified as vacant. Left unchecked, vacant Dahlonega homes and apartments can be a drag on the real estate market, holding Dahlonega real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Dahlonega Home Appreciation Rates

Dahlonega's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Dahlonega during the period has been just -0.94%, which is lower than 70% of US communities.

Appreciation rates are so strong in Dahlonega that despite a nationwide downturn in the housing market, Dahlonega real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Dahlonega appreciation rates continue to be some of the highest in America, at 5.59%, which is higher than appreciation rates in 70.25% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Dahlonega. Dahlonega appreciation rates in the latest quarter were at 1.10%, which equates to an annual appreciation rate of 4.47%.

Relative to Georgia, our data show that Dahlonega's latest annual appreciation rate is higher than 60% of the other cities and towns in Georgia.

Average Home Values

 

Median Home Value:
$190,406

Dahlonega, GA HOME PRICES

Value Range
> $1,174,000 0.0
$881,001 - $1,174,000 0.4
$587,001 - $881,000 4.7
$470,001 - $587,000 2.8
$352,001 - $470,000 8.0
$235,001 - $352,000 20.9
$118,001 - $235,000 38.5
$59,001 - $118,000 12.1
$0 - $59,000 12.5

Very High for GA
High for Nation

Value Relative to Nation Value Relative to State
34.8206961209422 17.3361522198731

Number Of Homes And Apartments:
2,177

Dahlonega Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
13.75% 0.75% 3 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,044 / per month

Homeownership Rate

Homeownership
Owners 25.56
Renters 74.44
Vacant 14.02

Housing Market Details

 

Age of Homes

AGE OF Dahlonega HOMES
2000 or Newer 37.0
1970 - 1999 44.7
1940 - 1969 18.2
1939 or Older 0.0

Types of Homes

TYPE OF Dahlonega HOMES
Single-Family 48.7
Townhomes 11.8
Small Apt. Buildings 5.7
Apt. Complexes 29.5
Mobile Homes 4.3
Other 0.0

Home Size

SIZE OF Dahlonega HOMES
No Bedroom 6.67
1 Bedroom 9.79
2 Bedrooms 35.98
3 Bedrooms 25.28
4 Bedrooms 15.40
5 or more bedrooms 6.87