Dobson, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Dobson Neighborhoods Since 2000




Dobson, NC 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

Dobson Housing Market Information

With a population of 1,573, 575 total housing units (homes and apartments), and a median house value of $137,444, house prices in Dobson are solidly below the national average.

Single-family detached homes are the single most common housing type in Dobson, accounting for 54.27% of the town's housing units. Other types of housing that are prevalent in Dobson include large apartment complexes or high rise apartments ( 17.71%), mobile homes or trailers ( 14.65%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 12.88%).

People in Dobson primarily live in small (one, two or no bedroom) single-family detached homes. Dobson has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Dobson 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 Dobson built between 1940-1969 ( 37.36%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.92%). There's also some housing in Dobson built before 1939 ( 2.74%).

Dobson Home Appreciation Rates

Real estate appreciation rates in Dobson's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.34% during the period.

Over the last year, Dobson appreciation rates have trailed the rest of the nation. In the last twelve months, Dobson's appreciation rate has been 0.42%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Dobson were at -0.54%, which equates to an annual appreciation rate of -2.13%.

Notably, Dobson's appreciation rate in the latest quarter is one of the lowest in America.

Relative to North Carolina, our data show that Dobson's latest annual appreciation rate is lower than 80% of the other cities and towns in North Carolina.

Average Home Values

 

Median Home Value:
$137,444

Dobson, NC HOME PRICES

Value Range
> $1,044,000 1.2
$783,001 - $1,044,000 0.0
$522,001 - $783,000 0.0
$418,001 - $522,000 1.8
$313,001 - $418,000 3.4
$209,001 - $313,000 21.1
$104,001 - $209,000 32.3
$52,001 - $104,000 30.6
$0 - $52,000 9.6

Average for NC
Average for Nation

Value Relative to Nation Value Relative to State
56.017813195828 50.2722323049002

Number Of Homes And Apartments:
575

Dobson Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NC*
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
15.68% 0.85% 3 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$674 / per month

Homeownership Rate

Homeownership
Owners 41.42
Renters 58.58
Vacant 7.41

Housing Market Details

 

Age of Homes

AGE OF Dobson HOMES
2000 or Newer 11.9
1970 - 1999 48.0
1940 - 1969 37.4
1939 or Older 2.7

Types of Homes

TYPE OF Dobson HOMES
Single-Family 54.3
Townhomes 0.5
Small Apt. Buildings 12.9
Apt. Complexes 17.7
Mobile Homes 14.7
Other 0.0

Home Size

SIZE OF Dobson HOMES
No Bedroom 6.44
1 Bedroom 15.62
2 Bedrooms 29.47
3 Bedrooms 36.55
4 Bedrooms 9.02
5 or more bedrooms 2.90