Is Dover, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Dover has remained a Seller's Market.
Housing Prices in Dover, FL
How much do homes in Dover, FL cost?
Median Sold Price
$426,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Dover was $426,000 in March 2024, down 5.9% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $187.5K | - | N/A |
2 Bedrooms | $180K | $194.4K | +8.0% |
3 Bedrooms | $404K | $349.9K | -13.4% |
4 Bedrooms | $495K | $487.5K | -1.5% |
5+ Bedrooms | $697.5K | $577.5K | -17.2% |
Summary: Dover housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8%, 3 bedroom homes decreased by 13.4%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 17.2%.
Median Sold Price Compared To Nearby Cities
Brandon | $364.9K | $369.9K | +1.4% |
Seffner | $350K | $355K | +1.4% |
Valrico | $424.6K | $425K | 0.1% |
Dover | $452.5K | $426K | -5.9% |
Thonotosassa | $415K | $340K | -18.1% |
Housing Supply in Dover, FL
How many homes are available in Dover, FL?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 44 | +7.3% |
Summary: The Dover real estate market had 44 homes for sale in March 2024, a 7.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 19 | 22 | +15.8% |
4 Bedrooms | 13 | 15 | +15.4% |
5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Dover housing inventory by bedroom type for March 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 15.8%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 10 | +25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Dover in March 2024, up by 25.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
25 Days | 25 Days | 0.1% |
Summary: Homes in Dover had an average of 25 days on market in Mar 2024, up by 0.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 10 homes were sold in Dover; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.