Is Dover, NY 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 Buyer's Market.
Housing Prices in Dover, NY
How much do homes in Dover, NY cost?
Median Sold Price
$357,500
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Dover was $357,500 in March 2024, down 2.1% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $310K | $240K | -22.6% |
3 Bedrooms | $372.5K | $385K | +3.4% |
4 Bedrooms | $400K | $365K | -8.8% |
5+ Bedrooms | $403K | $365K | -9.4% |
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 decreased by 22.6%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes decreased by 9.4%.
Median Sold Price Compared To Nearby Cities
Union Vale | $470K | $577.5K | +22.9% |
Dover | $365K | $357.5K | -2.1% |
Kent | $472.5K | $460.5K | -2.5% |
Housing Supply in Dover, NY
How many homes are available in Dover, NY?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
21 | 22 | +4.8% |
Summary: The Dover real estate market had 22 homes for sale in March 2024, a 4.8% 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 | 1 | -50.0% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 3 | 3 | 0.0% |
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 decreased by 50%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Dover in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Dover, NY
How long does it take to sell a home in Dover, NY?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
117 Days | 24 Days | -79.1% |
Summary: Homes in Dover had an average of 24 days on market in Mar 2024, down by 79.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Dover; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.