Dalton, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Dalton Neighborhoods Since 2000




Dalton, 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

Dalton Housing Market Information

With 33,853 people, 11,404 houses or apartments, and a median cost of homes of $104,496, house prices in Dalton are solidly below the national average.

Single-family detached homes are the single most common housing type in Dalton, accounting for 47.01% of the city's housing units. Other types of housing that are prevalent in Dalton include large apartment complexes or high rise apartments ( 32.13%), duplexes, homes converted to apartments or other small apartment buildings ( 14.75%), and a few row houses and other attached homes ( 4.47%).

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 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 Dalton built between 1940-1969 ( 29.15%). A lesser amount of the housing stock also hails from between 2000 and later ( 18.25%). There's also some housing in Dalton built before 1939 ( 3.42%).

Vacant housing appears to be an issue in Dalton. Fully 14.54% of the housing stock is classified as vacant. Left unchecked, vacant Dalton homes and apartments can be a drag on the real estate market, holding Dalton 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.

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 -1.65%, which is lower than 80% 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 2.73%, 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 2.58%, which equates to an annual appreciation rate of 10.74%.

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 lower than 60% 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 2000, to assist you in making the best Dalton real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$104,496

Dalton, GA HOME PRICES

Value Range
> $1,116,000 0.2
$837,001 - $1,116,000 0.1
$558,001 - $837,000 1.7
$446,001 - $558,000 2.4
$335,001 - $446,000 2.9
$223,001 - $335,000 8.0
$112,001 - $223,000 37.0
$56,001 - $112,000 32.1
$0 - $56,000 15.8

Low for GA
Low for Nation

Value Relative to Nation Value Relative to State
74.6337747568264 62.5792811839323

Number Of Homes And Apartments:
11,404

Dalton 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
18.32% 0.98% 5 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$758 / per month

Homeownership Rate

Homeownership
Owners 45.16
Renters 54.84
Vacant 14.54

Housing Market Details

 

Age of Homes

AGE OF Dalton HOMES
2000 or Newer 18.3
1970 - 1999 49.2
1940 - 1969 29.1
1939 or Older 3.4

Types of Homes

TYPE OF Dalton HOMES
Single-Family 47.0
Townhomes 4.5
Small Apt. Buildings 14.7
Apt. Complexes 32.1
Mobile Homes 1.6
Other 0.0

Home Size

SIZE OF Dalton HOMES
No Bedroom 6.31
1 Bedroom 11.27
2 Bedrooms 37.26
3 Bedrooms 30.63
4 Bedrooms 12.84
5 or more bedrooms 1.69