Dunwoody, GA Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Dunwoody, GA Housing Market Trends

With 49,356 people, 20,482 houses or apartments, and a median cost of homes of $521,644, Dunwoody house prices are not only among the most expensive in Georgia, Dunwoody real estate also is some of the most expensive in all of America.

Large apartment complexes or high rise apartments are the single most common housing type in Dunwoody, accounting for 48.96% of the city's housing units. Other types of housing that are prevalent in Dunwoody include single-family detached homes ( 44.90%), row houses and other attached homes ( 4.64%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.24%). Cities with mostly row houses, apartments, and other high density housing types are relatively uncommon, and characteristic of compact cities that frequently have a downtown or other neighborhoods where amenities are within walking distance and a lot of street life can be seen.

People in Dunwoody primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Dunwoody has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Dunwoody 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 Dunwoody built between 2000 and later ( 23.94%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.13%).

Dunwoody Home Appreciation Rates

Appreciation rates for homes in Dunwoody have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 42.59%, which ranks in the top 40% nationwide. This equates to an annual average Dunwoody house appreciation rate of 3.61%.

NeighborhoodScout's data show that during the latest twelve months, Dunwoody's appreciation rate, at 5.75%, has been at or slightly above the national average. In the latest quarter, Dunwoody's appreciation rate has been 2.04%, which annualizes to a rate of 8.43%.

Relative to Georgia, our data show that Dunwoody's latest annual appreciation rate is lower than 80% 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 Dunwoody differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Dunwoody - 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 Dunwoody real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$521,644

Dunwoody, GA HOME PRICES

> $1,175,000
1.1%
1.1%
$882,001 - $1,175,000
2.7%
2.7%
$588,001 - $882,000
27.3%
27.3%
$470,001 - $588,000
23.2%
23.2%
$352,001 - $470,000
21.2%
21.2%
$235,001 - $352,000
11.7%
11.7%
$117,001 - $235,000
10.8%
10.8%
$59,001 - $117,000
0.8%
0.8%
$0 - $59,000
1.3%
1.3%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

Very High for GA

Value Relative To Nation

Number Of Homes And Apartments:
20,482

Dunwoody Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
GA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
69.83% 2.55%
8
5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,112 / per month

Homeownership Rate

Owners
55.6%
55.6%
Renters
44.4%
44.4%
Vacant
9.2%
9.2%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
23.9%
23.9%
1970 - 1999
60.6%
60.6%
1940 - 1969
15.1%
15.1%
1939 or Older
0.3%
0.3%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
44.9%
44.9%
Townhomes
4.6%
4.6%
Small Apt. Buildings
1.2%
1.2%
Apt. Complexes
49.0%
49.0%
Mobile Homes
0.3%
0.3%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
2.2%
2.2%
1 Bedroom
20.5%
20.5%
2 Bedrooms
25.0%
25.0%
3 Bedrooms
16.1%
16.1%
4 Bedrooms
24.9%
24.9%
5 or more bedrooms
11.2%
11.2%
0.0% 100.0%
% OF HOMES