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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 34,366 people, 11,960 houses or apartments, and a median cost of homes of $238,542, house prices in Dalton are solidly below the national average.
Single-family detached homes are the single most common housing type in Dalton, accounting for 48.73% of the city's housing units. Other types of housing that are prevalent in Dalton include large apartment complexes or high rise apartments ( 25.93%), duplexes, homes converted to apartments or other small apartment buildings ( 16.07%), and a few row houses and other attached homes ( 7.87%).
The most prevalent building size and type in Dalton are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 51.35% owning and 48.65% 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 ( 25.09%). A lesser amount of the housing stock also hails from between 2000 and later ( 22.02%). There's also some housing in Dalton built before 1939 ( 4.53%).
Appreciation rates for homes in Dalton have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 101.70%, which ranks in the top 40% nationwide. This equates to an annual average Dalton house appreciation rate of 7.27%.
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 3.79%, 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 3.39%, which equates to an annual appreciation rate of 14.27%.
Importantly, this makes Dalton one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.
Relative to Georgia, our data show that Dalton'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 Dalton differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Dalton - 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 Dalton real estate investment or home purchase decisions.
$238,542
for Georgia
for nation
11,960
$1,340 / per month