Doraville, GA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Doraville Neighborhoods Since 2000




Doraville, 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

Doraville Housing Market Information

With a population of 10,896, 3,238 total housing units (homes and apartments), and a median house value of $164,577, Doraville real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Doraville, accounting for 53.34% of the city's housing units. Other types of housing that are prevalent in Doraville include large apartment complexes or high rise apartments ( 29.62%), duplexes, homes converted to apartments or other small apartment buildings ( 9.39%), and a few row houses and other attached homes ( 7.15%).

The most prevalent building size and type in Doraville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 44.96% owning and 55.04% renting.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Doraville's housing was primarily built during this period, from the '40s through the '60s. A full 48.12% of the city's housing hails from this era. Other housing ages represented in Doraville include homes built between 1970-1999 ( 43.27%) and housing constructed between 2000 and later ( 6.70%). There's also some housing in Doraville built before 1939 ( 1.91%).

Doraville Home Appreciation Rates

Real estate appreciation rates in Doraville's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.15% during the period.

Appreciation rates are so strong in Doraville that despite a nationwide downturn in the housing market, Doraville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Doraville appreciation rates continue to be some of the highest in America, at 8.53%, which is higher than appreciation rates in 89.10% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Doraville. Doraville 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 Doraville's latest annual appreciation rate is higher than 80% of the other cities and towns in Georgia.

Average Home Values

 

Median Home Value:
$164,577

Doraville, GA HOME PRICES

Value Range
> $1,243,000 0.3
$932,001 - $1,243,000 0.0
$621,001 - $932,000 0.4
$497,001 - $621,000 0.0
$373,001 - $497,000 2.6
$248,001 - $373,000 13.5
$124,001 - $248,000 63.2
$62,001 - $124,000 16.4
$0 - $62,000 3.5

High for GA
Average for Nation

Value Relative to Nation Value Relative to State
43.8122582913395 24.9471458773784

Number Of Homes And Apartments:
3,238

Doraville 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
23.42% 1.23% 6 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,149 / per month

Homeownership Rate

Homeownership
Owners 44.96
Renters 55.04
Vacant 9.25

Housing Market Details

 

Age of Homes

AGE OF Doraville HOMES
2000 or Newer 6.7
1970 - 1999 43.3
1940 - 1969 48.1
1939 or Older 1.9

Types of Homes

TYPE OF Doraville HOMES
Single-Family 53.3
Townhomes 7.1
Small Apt. Buildings 9.4
Apt. Complexes 29.6
Mobile Homes 0.5
Other 0.0

Home Size

SIZE OF Doraville HOMES
No Bedroom 1.82
1 Bedroom 16.37
2 Bedrooms 25.81
3 Bedrooms 39.88
4 Bedrooms 13.45
5 or more bedrooms 2.66