Dorr, MI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Dorr Neighborhoods Since 2000




Dorr, MI 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

Dorr Housing Market Information

With 15,238 people, 2,452 houses or apartments, and a median cost of homes of $187,048, Dorr real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Dorr, accounting for 89.07% of the town's housing units. Other types of housing that are prevalent in Dorr include mobile homes or trailers ( 7.79%), row houses and other attached homes ( 1.46%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.15%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Dorr. Owner-occupied housing accounts for 92.81% of Dorr's homes, and 69.84% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Dorr 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 Dorr built between 2000 and later ( 23.52%). A lesser amount of the housing stock also hails from between 1940-1969 ( 15.29%). There's also some housing in Dorr built before 1939 ( 14.93%).

Dorr Home Appreciation Rates

Appreciation rates for homes in Dorr have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 3.63%, which ranks in the top 50% nationwide. This equates to an annual average Dorr house appreciation rate of 0.36%.

NeighborhoodScout's data show that during the latest twelve months, Dorr's appreciation rate, at 5.10%, has been at or slightly above the national average. In the latest quarter, Dorr's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

Relative to Michigan, our data show that Dorr's latest annual appreciation rate is lower than 50% of the other cities and towns in Michigan.

Average Home Values

 

Median Home Value:
$187,048

Dorr, MI HOME PRICES

Value Range
> $1,191,000 0.1
$894,001 - $1,191,000 0.4
$596,001 - $894,000 1.6
$477,001 - $596,000 1.3
$357,001 - $477,000 3.6
$239,001 - $357,000 27.0
$119,001 - $239,000 48.7
$60,001 - $119,000 10.6
$0 - $60,000 6.8

Very High for MI
High for Nation

Value Relative to Nation Value Relative to State
35.6908472987226 18.9102564102564

Number Of Homes And Apartments:
2,452

Dorr Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MI*
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
15.66% 0.85% 7 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,201 / per month

Homeownership Rate

Homeownership
Owners 92.81
Renters 7.19
Vacant 6.96

Housing Market Details

 

Age of Homes

AGE OF Dorr HOMES
2000 or Newer 23.5
1970 - 1999 46.3
1940 - 1969 15.3
1939 or Older 14.9

Types of Homes

TYPE OF Dorr HOMES
Single-Family 89.1
Townhomes 1.5
Small Apt. Buildings 1.1
Apt. Complexes 0.5
Mobile Homes 7.8
Other 0.0

Home Size

SIZE OF Dorr HOMES
No Bedroom 0.92
1 Bedroom 1.76
2 Bedrooms 19.37
3 Bedrooms 44.89
4 Bedrooms 24.95
5 or more bedrooms 8.11