Is Dover Plains, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Dover Plains has remained a Seller's Market.
Key Takeaway
Dover Plains is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dover Plains, NY
How much do homes in Dover Plains, NY cost?
Median Sold Price
$395,000
$174/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Dover Plains have sold for 12.9% more than they did a year ago.
Summary: The median home sold price in Dover Plains was $395,000 in November 2023, up 12.9% from last year, and the median price per square foot was $174.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $498.5K | N/A |
| 2 Bedrooms | $210K | $225K | +7.1% |
| 3 Bedrooms | $387K | $405K | +4.7% |
| 4 Bedrooms | $501.7K | $400K | -20.3% |
| 5+ Bedrooms | $340K | - | N/A |
Summary: Dover Plains housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 20.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Dover Plains | $350K | $395K | +12.9% |
| Wingdale | $380K | $357.5K | -5.9% |
| Dover | $375K | $350K | -6.7% |
Housing Supply in Dover Plains, NY
How many homes are available in Dover Plains, NY?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 18 | 16 | -11.1% |
Summary: The Dover Plains real estate market had 16 homes for sale in November 2023, a 11.1% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Dover Plains housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 28.6%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dover Plains, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Dover Plains in November 2023, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Dover Plains, NY
How long does it take to sell a home in Dover Plains, NY?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 61 Days | 137 Days | +125.0% |
Summary: Homes in Dover Plains had an average of 137 days on market in Nov 2023, up by 125% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Dover Plains are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2023, 4 homes were sold in Dover Plains; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.