Dalton, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Dalton, OH 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

Dalton Housing Market Information

With 1,850 people, 731 houses or apartments, and a median cost of homes of $154,792, Dalton 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 Dalton, accounting for 60.64% of the village's housing units. Other types of housing that are prevalent in Dalton include large apartment complexes or high rise apartments ( 16.26%), duplexes, homes converted to apartments or other small apartment buildings ( 12.47%), and a few row houses and other attached homes ( 7.09%).

The most prevalent building size and type in Dalton are three and four bedroom dwellings, chiefly found in single-family detached homes. The village has a mixture of owners and renters, with 62.36% owning and 37.64% renting.

There is a lot of housing in Dalton 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 Dalton built between 1940-1969 ( 21.15%). A lesser amount of the housing stock also hails from before 1939 ( 19.93%). There's also some housing in Dalton built between 2000 and later ( 16.14%).

Vacant housing appears to be an issue in Dalton. Fully 10.64% of the housing stock is classified as vacant. Left unchecked, vacant Dalton homes and apartments can be a drag on the real estate market, holding Dalton real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Dalton Home Appreciation Rates

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

Over the last year, Dalton appreciation rates have trailed the rest of the nation. In the last twelve months, Dalton's appreciation rate has been -3.38%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Dalton were at -0.60%, which equates to an annual appreciation rate of -2.39%.

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

Relative to Ohio, our data show that Dalton's latest annual appreciation rate is lower than 90% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$154,792

Dalton, OH HOME PRICES

Value Range
> $1,091,000 1.0
$819,001 - $1,091,000 0.0
$546,001 - $819,000 0.0
$437,001 - $546,000 1.5
$327,001 - $437,000 3.7
$218,001 - $327,000 13.0
$109,001 - $218,000 55.7
$55,001 - $109,000 15.6
$0 - $55,000 9.4

High for OH
Average for Nation

Value Relative to Nation Value Relative to State
48.001875073245 34.7769028871391

Number Of Homes And Apartments:
731

Dalton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
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
17.85% 0.96% 7 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$796 / per month

Homeownership Rate

Homeownership
Owners 62.36
Renters 37.64
Vacant 10.64

Housing Market Details

 

Age of Homes

AGE OF Dalton HOMES
2000 or Newer 16.1
1970 - 1999 42.8
1940 - 1969 21.1
1939 or Older 19.9

Types of Homes

TYPE OF Dalton HOMES
Single-Family 60.6
Townhomes 7.1
Small Apt. Buildings 12.5
Apt. Complexes 16.3
Mobile Homes 3.5
Other 0.0

Home Size

SIZE OF Dalton HOMES
No Bedroom 6.36
1 Bedroom 9.41
2 Bedrooms 31.91
3 Bedrooms 36.67
4 Bedrooms 12.10
5 or more bedrooms 3.55