Is Dover, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Dover has remained a Seller's Market.
Housing Prices in Dover, PA
How much do homes in Dover, PA cost?
Median Sold Price
$270,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Dover was $270,000 in April 2024, up 10.2% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $178K | $146K | -18.0% |
2 Bedrooms | $187.4K | $209.9K | +11.9% |
3 Bedrooms | $230.5K | $260K | +12.8% |
4 Bedrooms | $317.5K | $347K | +9.3% |
5+ Bedrooms | $329.9K | $397.2K | +20.4% |
Summary: Dover housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 20.4%.
Median Sold Price Compared To Nearby Cities
Dover | $245K | $270K | +10.2% |
Dover Township | $250K | $270K | +8.0% |
Housing Supply in Dover, PA
How many homes are available in Dover, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
92 | 84 | -8.7% |
Summary: The Dover real estate market had 84 homes for sale in April 2024, a 8.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 11 | +57.1% |
3 Bedrooms | 60 | 50 | -16.7% |
4 Bedrooms | 22 | 18 | -18.2% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Dover housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 57.1%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 28 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Dover in April 2024, the same as the previous month. Of the 28 sold homes, 7% were sold under asking, 39% were sold at asking, and 54% were sold over asking.
Days on Market for Dover, PA
How long does it take to sell a home in Dover, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 22 Days | +0.8% |
Summary: Homes in Dover had an average of 22 days on market in Apr 2024, up by 0.8% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 28 homes were sold in Dover; 82% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.