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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dover is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Dover was a Buyer's Market.

Key Takeaway

Dover is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Dover, VT

How much do homes in Dover, VT cost?

Median Sold Price

$489,999

$284/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$265,999(+118.7%)

Key Takeaway

Homes in Dover have sold for 118.7% more than they did a month ago.

Summary: The median home sold price in Dover was $489,999 in March 2024, up 118.7% from last month, and the median price per square foot was $284.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $207K$255K
+23.2%
3 -$380K
N/A
4 $3.4M$844K
-75.2%
5+ --
N/A

Summary: Dover housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.2%, 3 bedroom homes did not change, 4 bedroom homes decreased by 75.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Wardsboro
+265.6%
Dover
+118.7%
West Dover
+118.7%

Housing Supply in Dover, VT

How many homes are available in Dover, VT?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
3235+9.4%

Summary: The Dover real estate market had 35 homes for sale in March 2024, a 9.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 64
-33.3%
3 1110
-9.1%
4 1015
+50.0%
5+ 45
+25.0%

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 33.3%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
38+166.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 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. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Dover in March 2024, up by 166.7% month-over-month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.

Days on Market for Dover, VT

We’re sorry, we don't have information for this market at the moment

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

Report Updated 25 Days Ago

Newest Listings in Dover, VT

Nearby Markets to Dover, VT

What housing markets are near Dover, VT?