Dalton, OH Real Estate Market

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 Q2 2021. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Dalton, OH Housing Market Trends

With 1,888 people, 674 houses or apartments, and a median cost of homes of $203,917, 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 60.05% of the village's housing units. Other types of housing that are prevalent in Dalton include large apartment complexes or high rise apartments ( 17.66%), duplexes, homes converted to apartments or other small apartment buildings ( 13.86%), and a few row houses and other attached homes ( 5.84%).

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

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 2000 and later ( 27.58%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.79%). There's also some housing in Dalton built before 1939 ( 18.07%).

Dalton Home Appreciation Rates

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 46.51%, which ranks in the top 50% nationwide. This equates to an annual average Dalton house appreciation rate of 3.89%.

Appreciation rates are so strong in Dalton that despite a nationwide downturn in the housing market, Dalton real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Dalton appreciation rates continue to be some of the highest in America, at 11.43%, which is higher than appreciation rates in 79.85% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Dalton. Dalton appreciation rates in the latest quarter were at 2.33%, which equates to an annual appreciation rate of 9.66%.

Relative to Ohio, our data show that Dalton's latest annual appreciation rate is higher than 80% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$203,917

Dalton, OH HOME PRICES

> $1,235,000
0.0%
0.0%
$926,001 - $1,235,000
0.0%
0.0%
$617,001 - $926,000
0.8%
0.8%
$494,001 - $617,000
0.8%
0.8%
$371,001 - $494,000
3.3%
3.3%
$247,001 - $371,000
24.5%
24.5%
$124,001 - $247,000
51.8%
51.8%
$62,001 - $124,000
8.9%
8.9%
$0 - $62,000
9.8%
9.8%
0.0% 100.0%
% OF HOMES
Value Relative To State

Average for Nation

High for OH

Value Relative To Nation

Number Of Homes And Apartments:
674

Dalton Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2021 Q1 - 2021 Q2
Last 12 Months:
2020 Q2 - 2021 Q2
Last 2 Years:
2019 Q2 - 2021 Q2
Last 5 Years:
2016 Q2 - 2021 Q2
Last 10 Years:
2011 Q2 - 2021 Q2
Since 2000:
2000 Q1 - 2021 Q2
53.18% 2.00%
7
2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$935 / per month

Homeownership Rate

Owners
60.2%
60.2%
Renters
39.8%
39.8%
Vacant
8.4%
8.4%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
27.6%
27.6%
1970 - 1999
33.6%
33.6%
1940 - 1969
20.8%
20.8%
1939 or Older
18.1%
18.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
60.1%
60.1%
Townhomes
5.8%
5.8%
Small Apt. Buildings
13.9%
13.9%
Apt. Complexes
17.7%
17.7%
Mobile Homes
2.6%
2.6%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
9.8%
9.8%
1 Bedroom
2.3%
2.3%
2 Bedrooms
37.8%
37.8%
3 Bedrooms
37.8%
37.8%
4 Bedrooms
9.6%
9.6%
5 or more bedrooms
2.7%
2.7%
0.0% 100.0%
% OF HOMES