Is Dover, NY 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 October 2021

At the same time last year, Dover was a Neutral Market.

Key Takeaway

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

How much do homes in Dover, NY cost?

Median Sold Price

$360,000

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$50,000(+16.1%)

Key Takeaway

Homes in Dover have sold for 16.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 -$193.2K
N/A
2 $240K$337.5K
+40.6%
3 $318K$355K
+11.6%
4 $369.9K$463K
+25.2%
5+ $355.6K$332.5K
-6.5%

Median Sold Price Compared To Nearby Cities

Wingdale
+23.7%
Dover
+16.1%
Union Vale
+12.8%
Kent
+10.4%
Dover Plains
+8.5%

How many homes are available in Dover, NY?

Number of Homes For Sale

Sep 2022Oct 2022%
2830+7.1%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 64
-33.3%
3 911
+22.2%
4 910
+11.1%
5+ 45
+25.0%

Number of Homes Sold

Sep 2022Oct 2022%
62-66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dover, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Oct 2021Oct 2022%
75 Days61 Days-18.5%

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Dover, NY

There are 30 homes are for sale in Dover, NY real estate market. The number of homes for sale in Dover, NY increased by 7.1% between September 2022 and October 2022. While the average time on the market in October 2022 was 61 days, the median list price was $360,000. This housing market listing prices have changed between September 2022 and October 2022: 1 bedroom properties became 0% more expensive, the cost of 2 bedrooms properties went up by 40.6%, prices of 3 bedrooms properties increased by 11.6%, prices of 4 bedrooms properties went up by 25.2%, 5 bedrooms properties prices decreased by 6.5%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, 2 bedrooms homes inventory decreased by 33.3%, the quantity of 3 bedrooms homes went up by 22.2%, volume of 4 bedrooms homes went up by 11.1%, number of 5 bedrooms homes increased by 25%. While more than 0 listings in Dover, NY in October 2022 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below.

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