Is Dover, MN 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

Since last month, Dover has remained a Seller'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, MN

How much do homes in Dover, MN cost?

Median Sold Price

$299,900

$153/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$100,900(+50.7%)

Key Takeaway

Homes in Dover have sold for 50.7% more than they did a month ago.

Summary: The median home sold price in Dover was $299,900 in November 2024, up 50.7% from last month, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$229.9K
N/A
4 $199K$369.9K
+85.9%
5+ --
N/A

Summary: Dover housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 85.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Dover
+50.7%
Dover Township
+50.7%

Housing Supply in Dover, MN

How many homes are available in Dover, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
440.0%

Summary: The Dover real estate market had 4 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 22
0.0%
5+ 11
0.0%

Summary: The Dover housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 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, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Dover in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Dover, MN

How long does it take to sell a home in Dover, MN?

Average Sale Time

Oct 2024Nov 2024CHANGE
13 Days67 Days+419.2%

Summary: Homes in Dover had an average of 67 days on market in Nov 2024, up by 419.2% compared to last month.

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.

Summary: During November 2024, 2 homes were sold in Dover; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 22 Days Ago

Newest Listings in Dover, MN

Nearby Markets to Dover, MN