Ask three different sources what a home in Dunwoody costs today and you'll get three different answers, and none of them are wrong. Redfin puts the median sale price at $712,000 for the three months ending May 2026, up 5.1% from a year earlier. Movoto's August 2026 read on the same city shows a median list price of $647,000, down 6% year over year. Zillow's smoothed home value index, which tracks slower and irons out month-to-month noise, sits at $622,541, up a modest 1.8%. Houzeo's March 2026 snapshot lands closer to Redfin at $710,000, essentially flat versus the year before.
If you're comparing Dunwoody against Sandy Springs or Brookhaven and trying to figure out what your money buys, this is the moment to stop and ask why the numbers won't agree, because the answer tells you something the median itself can't.
Small Samples, Different Rulers
Part of the disagreement is just mechanics. Redfin and Houzeo are measuring closed sales. Movoto is measuring list prices, which move before anything closes and react faster to a seller pulling back or a builder testing a new price point. Zillow's index isn't a monthly median at all. It's a rolling estimate designed to smooth out exactly the kind of swings the other three are picking up.
Sample size matters too. Redfin counted 129 homes sold in Dunwoody in May 2026. Houzeo's March figure came from 51 sales. When a city-sized market is trading in the range of two to four dozen homes a month, a handful of unusually large or unusually small transactions can swing a median by tens of thousands of dollars without anything in the underlying market actually shifting.
That's the boring explanation, and it's mostly right for why the numbers disagree this month. But there's a second story sitting underneath it, and this one won't resolve itself with a bigger sample. It's about what kind of housing is about to start showing up in these numbers at all.
The Bigger Complication Is Still Arriving
Perimeter Center, the office-and-retail core that runs along Ashford Dunwoody Road and Perimeter Center Parkway, has spent the last several years accumulating something most suburban office parks don't have: a serious amount of underused land sitting on valuable, transit-adjacent ground. The city's own Edge City 2.0 planning process was built around that exact observation. Dunwoody Economic Development Director Michael Starling put it plainly when describing the district's original design: Perimeter Center was built with a lot of asphalt for parking, and those patches of underutilized asphalt are now opportunities for redevelopment.
That redevelopment is turning old office buildings into new housing, and it's happening at a scale worth naming project by project:
- 56 Perimeter Center East, a vacant six-story, 98,000-square-foot office building along Ashwood Parkway, is being rezoned by Providence Group of Georgia, a homebuilding subsidiary of Green Brick Partners, into 122 townhome-style condos aimed at older adults and empty nesters. The Dunwoody City Council approved the project, with twelve of the units offering an elevator option and Mayor Lynn Deutsch noting residents will be able to walk to restaurants, a doctor's office, and MARTA.
- 64 and 66 Perimeter Center East, a pair of office buildings under Workspace Property Trust, are being converted into a mixed residential program that a Connect CRE report puts at 441 total units: 214 condos, 126 age-restricted rentals, and 101 townhomes, with groundbreaking targeted for the first quarter of 2026.
- Campus 244, a 13-acre office and hotel campus near Perimeter Mall, is the subject of a rezoning and state Development of Regional Impact filing from The Georgetown Company and RocaPoint Partners to add roughly 400,000 square feet of new apartments, according to Hoodline's coverage of the filing.
- High Street, the $2 billion mixed-use project at Perimeter Center Parkway and Hammond Drive, delivered its first phase in 2025 with roughly 600 apartments and landed what Bisnow called the biggest Atlanta office lease of 2025 when TriNet signed for 150,000 square feet, a milestone Hoodline reported in detail.
- 4891 Ashford Dunwoody Road, the current site of a LifeSouth Blood Bank, is headed for 33 new townhomes after the Planning Commission's unanimous recommendation in August 2026, reported by Rough Draft Atlanta, with builders quoting roughly $650,000 for a larger 2,100-square-foot unit and around $500,000 for a smaller 1,500-square-foot version.
Add up just the for-sale portion of that list, the 122 townhome-style condos, the 214 condos and 101 townhomes at 64/66 Perimeter Center East, and the 33 townhomes at the former blood bank site, and you get something close to 470 new attached homes headed toward Dunwoody's resale numbers over the next few years. Measured against a market trading two to four dozen homes a month, that's not a rounding error. It's a new comparison set.
What a Townhome Actually Costs Next to a Ranch
Here's where the segment data gets useful instead of just noisy. Houzeo's March 2026 breakout shows Dunwoody's existing condos averaging around $365,000 while existing single-family homes average around $806,000, a gap of more than $440,000 inside the same city. Layer the new construction pricing on top and the picture gets sharper.
| Segment | Typical price | What it tells you |
|---|---|---|
| Existing single-family home (citywide) | ~$806,000 | The legacy detached stock most buyers picture when they hear "Dunwoody" |
| Existing condo (citywide) | ~$365,000 | Older Perimeter-area condo stock, smaller and cheaper on average |
| New townhome, smaller plan (former LifeSouth site) | ~$500,000 for ~1,500 sq ft | Builder estimate presented at the August 2026 Planning Commission meeting |
| New townhome, larger plan (former LifeSouth site) | ~$650,000 for ~2,100 sq ft | Same project, larger floor plan |
A blended citywide median sitting anywhere between $620,000 and $712,000 is a mathematical average of homes that don't have much in common. It includes $800,000-plus detached houses in established neighborhoods and it will increasingly include $500,000 to $650,000 new-construction townhomes designed for a very different buyer. As more of the second group closes and enters the sales data, the citywide median will keep moving in ways that have nothing to do with whether any specific type of home got more or less expensive.
What This Means If You're Comparing Neighborhoods
If you're cross-shopping Dunwoody against a neighboring suburb using the median price you found on a portal, you're comparing a number that's currently unstable for reasons that have nothing to do with demand. The fix isn't to wait for the number to settle. It's to ask a narrower question before you compare anything: which segment am I actually shopping, the legacy detached stock or the new attached product coming out of Perimeter Center?
Most of what's listed above hasn't closed yet. High Street's first phase delivered in 2025, but Campus 244 is still moving through a state DRI review, the 64/66 Perimeter Center East conversion was targeting a first-quarter 2026 groundbreaking, and the LifeSouth site only cleared Planning Commission in August 2026. If you're buying in the next six to twelve months, you're still shopping the tighter, older market that Redfin and Houzeo are describing, not the new supply. If your timeline stretches past 2027, the new attached inventory becomes a real option, and a real complication for anyone trying to read the market off a single median.
A Few Direct Questions
Does this mean home values in Dunwoody are falling? Not based on the evidence here. Zillow's smoothed index, which is built specifically to avoid overreacting to mix changes, still shows a small year-over-year increase. The conflicting medians reflect what's being sold and how it's measured, not a broad drop in value.
When will these new units actually show up on the resale market? Unevenly. High Street's first apartments are already delivered and leasing. The condo and townhome conversions at 64/66 Perimeter Center East and the former LifeSouth site are still working through construction timelines that stretch into 2027 and beyond. Campus 244 hasn't cleared its state review yet.
Does this affect the single-family market in established neighborhoods too? Not directly. Every project listed here sits on commercial or office-zoned land inside Perimeter Center. The detached-home stock in Dunwoody's established residential streets isn't part of this supply wave, which is exactly why comparing a Perimeter Center condo price to a Georgetown or Village-area house price produces confusing results if you don't separate the two first.
None of this makes Dunwoody harder to buy into. It makes the price tag more specific than a headline number can capture right now. If you want help figuring out which segment of this market actually matches what you're looking for, and how that compares to what a similar budget gets you in a neighboring suburb, Realtor Malka is a good place to start that conversation.
