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 a population of 10,888, 3,807 total housing units (homes and apartments), and a median house value of $415,931, Doraville real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Doraville, accounting for 62.71% of the city's housing units. Other types of housing that are prevalent in Doraville include large apartment complexes or high rise apartments ( 20.14%), duplexes, homes converted to apartments or other small apartment buildings ( 8.68%), and a few row houses and other attached homes ( 7.39%).
The most prevalent building size and type in Doraville are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 59.00% owning and 41.00% renting.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Doraville's housing was primarily built during this period, from the '40s through the '60s. A full 46.09% of the city's housing hails from this era. Other housing ages represented in Doraville include homes built between 1970-1999 ( 40.94%) and housing constructed between 2000 and later ( 11.41%). There's also some housing in Doraville built before 1939 ( 1.56%).
In the last 10 years, Doraville has experienced some of the highest home appreciation rates of any community in the nation. Doraville real estate appreciated 119.48% over the last ten years, which is an average annual home appreciation rate of 8.18%, putting Doraville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Doraville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Doraville's appreciation rate, at 5.71%, has been at or slightly above the national average. In the latest quarter, Doraville's appreciation rate has been 2.20%, which annualizes to a rate of 9.09%.
Relative to Georgia, our data show that Doraville's latest annual appreciation rate is lower than 70% of the other cities and towns in Georgia.
$415,931
for Georgia
for nation
3,807
$2,647 / per month