Is Dover, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dover is a buyer's market

Buyer's
Market

Difference Since January 2023

Since last year, Dover has remained a Buyer's Market.

Key Takeaway

Dover is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dover, FL

How much do homes in Dover, FL cost?

Median Sold Price

$435,000

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2023

-$15,000(-3.3%)

Key Takeaway

Homes in Dover have sold for 3.3% less than they did a year ago.

Summary: The median home sold price in Dover was $435,000 in January 2024, down 3.3% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSJan 2023Jan 2024CHANGE
1 $187.5K-
N/A
2 $212.5K$188.8K
-11.2%
3 $394.5K$350K
-11.3%
4 $555K$487.5K
-12.2%
5+ $697.5K$560K
-19.7%

Summary: Dover housing prices by bedroom type for January 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.2%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes decreased by 12.2%, and 5+ bedroom homes decreased by 19.7%.

Median Sold Price Compared To Nearby Cities

Brandon
+1.4%
Seffner
+1.4%
Valrico
0%
Dover
-3.3%
Thonotosassa
-10.7%

Housing Supply in Dover, FL

How many homes are available in Dover, FL?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
3841+7.9%

Summary: The Dover real estate market had 41 homes for sale in January 2024, a 7.9% increase compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 00
0.0%
2 44
0.0%
3 1718
+5.9%
4 1112
+9.1%
5+ 67
+16.7%

Summary: The Dover housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dover, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Dover in January 2024, down by 44.4% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for Dover, FL

How long does it take to sell a home in Dover, FL?

Average Sale Time

Jan 2023Jan 2024CHANGE
53 Days62 Days+18.1%

Summary: Homes in Dover had an average of 62 days on market in Jan 2024, up by 18.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Dover has remained consistent over time.

Summary: During January 2024, 5 homes were sold in Dover; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 29 Days Ago

Newest Listings in Dover, FL

Nearby Markets to Dover, FL

What housing markets are near Dover, FL?