Dorr, MI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Dorr Neighborhoods Since 2000




Dorr, MI Real Estate Data


Dorr Housing Market Information

With 15,238 people, 2,440 houses or apartments, and a median cost of homes of $184,272, 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 88.00% of the town's housing units. Other types of housing that are prevalent in Dorr include mobile homes or trailers ( 8.18%), row houses and other attached homes ( 2.00%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.16%).

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 92.88% of Dorr's homes, and 68.81% 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 ( 23.55%). A lesser amount of the housing stock also hails from before 1939 ( 15.10%). There's also some housing in Dorr built between 1940-1969 ( 14.81%).

Dorr Home Appreciation Rates

Real estate appreciation rates in Dorr's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.12% during the period.

NeighborhoodScout's data show that during the latest twelve months, Dorr's appreciation rate, at 5.17%, has been at or slightly above the national average. In the latest quarter, Dorr's appreciation rate has been 1.43%, which annualizes to a rate of 5.84%.

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

Average Home Values

 

Median Home Value:
$184,272

Dorr, MI HOME PRICES

Value Range
> $1,213,000 0.0
$910,001 - $1,213,000 0.1
$607,001 - $910,000 1.4
$486,001 - $607,000 0.8
$364,001 - $486,000 1.6
$243,001 - $364,000 24.5
$121,001 - $243,000 52.8
$61,001 - $121,000 11.0
$0 - $61,000 7.9

Very High for MI
High for Nation

Value Relative to Nation Value Relative to State
37.7759559641623 19.8717948717949

Number Of Homes And Apartments:
2,440

Rent & Ownership

 

Average Market Rent:
$1,072 / per month

Homeownership Rate

Homeownership
Owners 92.88
Renters 7.12
Vacant 7.43

Housing Market Details

 

Age of Homes

AGE OF Dorr HOMES
2000 or Newer 23.6
1970 - 1999 46.5
1940 - 1969 14.8
1939 or Older 15.1

Types of Homes

TYPE OF Dorr HOMES
Single-Family 88.0
Townhomes 2.0
Small Apt. Buildings 1.2
Apt. Complexes 0.7
Mobile Homes 8.2
Other 0.0

Home Size

SIZE OF Dorr HOMES
No Bedroom 0.97
1 Bedroom 2.15
2 Bedrooms 19.72
3 Bedrooms 44.50
4 Bedrooms 24.32
5 or more bedrooms 8.34

Dorr Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MI*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
13.00% 0.72% 7 1
* 10 is highest