DeKalb County’s residential market continues to see growth, according to a new property value report. A new report from property tax consulting firm O’Connor suggests some homes in the county may be assessed above market value. Meanwhile, some commercial property categories have witnessed a decline in their value.
New Report Highlights Potential Home Overassessments in DeKalb County
A new report by a property tax consulting firm, O’Connor suggests some properties may be overassessed in DeKalb County. While the region continues to be a desirable place, the report argues that many property owners may be paying higher property taxes. The report also raises concerns about potential differences between assessed values and market conditions.
The O’Connor report on EIN Presswire shows that the rising demand has pushed property values in the region higher over the past decade. While the growth rate in DeKalb County has slowed, home and commercial properties are worth more than they were last year. Higher-value residential properties, warehouses, and office buildings recorded some of the largest increases.
According to Journal of Real Estate Professionals report, DeKalb County home values increased 1.8% in 2026, compared with a 3.8% increase in 2025. The total residential market value reached $78.33 billion. Homes valued between $250,000 and $500,000 made up the largest share of the market.
Meanwhile, a study by an independent real estate professional found that about 41% of homes may be assessed above their actual market value.
The report notes that homeowners who believe their properties are overassessed may have the option to appeal their assessments. If the assessed value is lower, they could reduce their property tax bill.
Meanwhile, another Atlanta-area study by realtors estimated that home prices increased by 9.2% instead of 1.8%. However, the difference may be due to the broader area it examined.
The O’Connor report highlights differences between various property value estimates. It suggests that some assessments may not accurately reflect market conditions.
Commercial Property Market Shows Mixed Performance
While residential property values continue to rise, the report also assessed the DeKalb commercial market which showed mixed results. The commercial real estate rose by 1.1% in 2026, bringing the total market value to $35.61 billion. Warehouses surged by 8.9%, becoming the county’s second most valuable commercial property type.
Office properties have also witnessed a 3.9% increase, with their value reaching $5.84 billion. The buildings constructed between 1981 and 2000 posted the strongest gains. Medical offices and low-rise office buildings also recorded notable increases in value.
However, apartments saw a slight slip with a 0.9% decline in 2026. Despite remaining DeKalb County’s largest commercial property category, most apartment buildings constructed between 1961 and 2020 lost value. Retail property values also saw a 1.2% decline in 2026, with community and neighborhood shopping centers recording the largest declines.
The report suggests that while DeKalb County’s property values continue to rise, many homeowners may be paying higher property taxes. It also highlights mixed trends across the commercial real estate market.
