Dunwoody Home Prices: $547K, Up 1.2% — 3 ZIPs Analyzed (2026)
$547,328. That’s what a typical home in Dunwoody costs as of February 2026. Prices are up 1.2% from a year ago — a slow climb that has held steady for eight consecutive months.
Quick answer: The average home price in Dunwoody, GA is $547,328 as of February 2026, up 1.2% year over year according to Zillow.
Current Home Prices in Dunwoody
The Dunwoody housing market sits in the upper-mid range for metro Atlanta. The typical home now costs more than half a million dollars, with values stretched across a wide band depending on the ZIP code you target.
| Metric | Value |
|---|---|
| Median home value | $547,328 |
| Year-over-year change | +1.2% |
| Lowest ZIP value | $444,760 |
| Highest ZIP value | $698,208 |
| Price spread (high vs low) | $253,448 |
| ZIP codes analyzed | 3 |
| Metro area | Atlanta-Sandy Springs-Alpharetta |
| Data through | February 2026 |
The $253,000 gap between the cheapest and priciest ZIP tells you Dunwoody is not a single market. It is a small city of three distinct submarkets, each with its own price tier.
You’ll notice the appreciation rate is modest. A 1.2% gain barely keeps pace with property tax escalation in DeKalb County. For sellers, that means equity growth has slowed. For buyers, it means waiting another six months probably won’t price you out — but it won’t get you much of a discount either.
The price ceiling here is set by ZIP 30338, which crosses the $698,000 mark. The floor is held by ZIP 30346 at just under $445,000. Both ends moved in the same direction over the past year, climbing in sync rather than diverging.
Dunwoody Home Prices by Neighborhood
Three ZIP codes carry the entire Dunwoody market. Here is how they stack up.
| ZIP Code | Typical Home Value | Avg Monthly Rent |
|---|---|---|
| 30338 | $698,208 | $1,751 |
| 30360 | $499,016 | $1,596 |
| 30346 | $444,760 | $1,669 |
Most Expensive
- 30338 at $698,208 sits roughly $151,000 above the city average and commands the highest rents at $1,751 a month — this is Dunwoody’s premium tier.
- 30360 at $499,016 lands $48,000 under the city average, occupying the middle slot for both home values and rents at $1,596.
- With only three ZIPs, the third spot rounds out the bottom of this list.
Most Affordable
- 30346 at $444,760 is the cheapest entry point into Dunwoody, more than $103,000 below the city average — but rents here ($1,669) sit higher than the mid-tier ZIP, suggesting strong rental demand.
- 30360 at $499,016 offers the lowest rent ($1,596) of the three, making it the strongest candidate for buyers planning to house-hack.
- 30338 rounds out the list as the priciest of the trio.
Rent vs Buy in Dunwoody
The math here favors renters by a wide margin. Average rent across Dunwoody’s three ZIPs comes to roughly $1,672 a month.
Buying the median $547,328 home with 20% down at a 7% mortgage rate puts your principal-and-interest payment near $2,914. Add property taxes (DeKalb County averages around 1.1%), insurance, and HOA fees common in this area, and total monthly carry runs closer to $3,600.
| Cost Type | Monthly Amount |
|---|---|
| Average rent (city-wide) | ~$1,672 |
| Mortgage P&I (median home, 20% down, 7%) | ~$2,914 |
| Total monthly cost to own (with taxes/insurance) | ~$3,600 |
| Monthly gap (own − rent) | ~$1,928 |
You’d pay nearly $1,928 more per month to own than to rent. Over five years, that’s roughly $115,000 — money that would need to be recouped through appreciation and equity buildup.
At the current 1.2% appreciation pace, the median home would gain about $33,000 over five years. That falls well short of the rent-versus-own gap. The buy case only works if you plan to stay long-term, or if rates drop and let you refinance into a lower payment.
The cheapest ZIP for renters is 30360 at $1,596 a month. Renters chasing the lowest cost should focus there.
Population Growth and Migration
Dunwoody is essentially flat. The city has added 199 residents since 2020 — a 0.4% gain over four years.
| Year | Population |
|---|---|
| 2020 | 51,596 |
| 2021 | 51,003 |
| 2022 | 52,263 |
| 2023 | 52,010 |
| 2024 | 51,795 |
The population peaked in 2022 at 52,263 and has slid back since. That makes Dunwoody a slow-growth city compared with much of metro Atlanta.
| City | 2024 Population | 4-Year Growth |
|---|---|---|
| Warner Robins | 86,199 | +7.0% |
| Atlanta | 520,070 | +4.0% |
| South Fulton | 112,003 | +3.5% |
| Athens-Clarke County | 128,691 | +1.1% |
| Dunwoody | 51,795 | +0.4% |
| Savannah | 148,808 | +0.9% |
Warner Robins has grown 17 times faster than Dunwoody. Even Atlanta proper has outpaced it ten-fold. What this means for housing: demand pressure here is internal — turnover from existing residents and inbound moves from neighboring cities — rather than a wave of new arrivals. That helps explain why prices have only ticked up 1.2% rather than spiking.
Dunwoody Housing Market Trends
The 12-month picture shows a market that bottomed in mid-2025 and has been recovering since.
| Month | Median Value | Min ZIP | Max ZIP |
|---|---|---|---|
| Feb 2026 | $547,328 | $444,760 | $698,208 |
| Jan 2026 | $546,909 | $445,325 | $696,618 |
| Dec 2025 | $546,425 | $445,615 | $695,424 |
| Nov 2025 | $545,328 | $445,616 | $693,269 |
| Oct 2025 | $543,355 | $444,590 | $689,863 |
| Sep 2025 | $541,160 | $443,091 | $686,325 |
| Aug 2025 | $539,191 | $441,576 | $683,006 |
| Jul 2025 | $538,552 | $440,439 | $681,825 |
| Jun 2025 | $538,643 | $439,757 | $681,530 |
| May 2025 | $539,513 | $439,542 | $682,413 |
| Apr 2025 | $540,444 | $439,697 | $682,986 |
| Mar 2025 | $540,949 | $439,692 | $683,094 |
Prices fell from March through July 2025, hitting a low of $538,552. Since then, every single month has posted a gain. The eight-month streak adds up to $8,776 — about 1.6% in growth from the trough.
The high-end ZIP (30338) has done most of the heavy lifting, climbing from $683,094 to $698,208. The low-end ZIP barely moved. That’s a sign the recovery is being led by buyers at the top of the market.
Is Dunwoody a Good Place to Buy in 2026?
The data points to a balanced market — neither a clear buyer’s nor seller’s market.
Sellers have the upper hand on momentum: prices are rising, inventory pressure has eased, and the 8-month winning streak suggests the soft patch is behind them. But the gains are small. A 1.2% YoY rate is below the national average and well below inflation.
Buyers have the upper hand on cost-of-ownership. With rent-versus-buy economics tilted heavily toward renting, plus flat population growth, you can take your time. There is no urgency premium in this market. The seller is unlikely to receive 10 competing offers.
If you want square footage and good schools, Dunwoody delivers — but at a price that has outrun rent fundamentals. Buy if you plan to stay 7+ years. Otherwise, rent and watch the trend.
Dunwoody Housing Market Outlook for 2026-2027
If the current pace continues, Dunwoody home values should keep grinding upward at roughly 1-2% annually. The 3-month trend shows a $903 gain — a slower pace than the second half of 2025, hinting that momentum may be cooling.
The 8-month streak of monthly gains is the clearest signal. As long as that pattern holds, expect prices to drift higher into the summer 2026 selling season, when most US markets see seasonal lift. A break in the streak — a single month of decline — would be the first sign the recovery is stalling.
The high-end ZIP (30338) is the one to watch. It has carried the recovery so far. If buyer demand at the $700K mark thins, the city average will follow it down.
Similar Markets in GA
- Marietta — another inside-the-perimeter suburb with a similar buyer profile.
- Decatur — comparable school-district draw and price tier closer to central Atlanta.
- Lawrenceville — a more affordable Gwinnett County alternative for buyers priced out of Dunwoody.
- Cumming — exurban Forsyth County option with newer construction.
- Atlanta — the metro core for buyers who’d rather trade yard space for walkability.
Frequently Asked Questions
What is the average home price in Dunwoody?
The average home price in Dunwoody, GA is $547,328 as of February 2026. That figure is based on the Zillow Home Value Index across the city’s three ZIP codes — 30338, 30360, and 30346.
Are home prices going up or down in Dunwoody?
Prices are up 1.2% year over year. The market has posted gains for eight consecutive months after bottoming in July 2025 at $538,552, with most of the recovery driven by the high-end ZIP 30338.
Is it cheaper to rent or buy in Dunwoody?
Renting is cheaper by a wide margin. Average rent runs about $1,672 a month, while owning the median home costs roughly $3,600 monthly when you include mortgage, taxes, and insurance — a gap of nearly $1,928 per month.
What is the most affordable neighborhood in Dunwoody?
ZIP 30346 is the most affordable, with a typical home value of $444,760 — about $103,000 below the city average. Despite the lower home prices, monthly rents there ($1,669) are higher than in mid-tier ZIP 30360.
Methodology
Home values are based on the Zillow Home Value Index (ZHVI), a smoothed measure of typical home values in the 35th to 65th percentile range. Rent estimates use the Zillow Observed Rent Index (ZORI). Population figures come from the U.S. Census Bureau Population Estimates Program (2020-2024 vintage). All datasets are publicly available. Housing data updated 2026-02-28.