Is Dover Plains, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dover Plains is a seller's market

Buyer's
Market

Difference Since November 2023

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

$314,097

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$21,874(-6.5%)

Key Takeaway

Homes in Dover Plains have sold for 6.5% less than they did a year ago.

Summary: The median home sold price in Dover Plains was $314,097 in November 2024, down 6.5% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $498.5K$35K
-93.0%
2 $66K$183.5K
+177.9%
3 $405K$390K
-3.7%
4 $375K$360K
-4.0%
5+ -$2.1M
N/A

Summary: Dover Plains housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 93%, 2 bedroom homes increased by 177.9%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Union Vale
+21.7%
Dover
+21.6%
Dover Plains
-6.5%

Housing Supply in Dover Plains, NY

How many homes are available in Dover Plains, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1915-21.1%

Summary: The Dover Plains real estate market had 15 homes for sale in November 2024, a 21.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 75
-28.6%
3 65
-16.7%
4 33
0.0%
5+ 32
-33.3%

Summary: The Dover Plains 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 decreased by 28.6%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dover Plains, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Dover Plains in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% 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 2023Nov 2024CHANGE
137 Days32 Days-76.2%

Summary: Homes in Dover Plains had an average of 32 days on market in Nov 2024, down by 76.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Dover Plains are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Dover Plains; 67% of homes were sold within 30 days, 33% 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 21 Days Ago

Newest Listings in Dover Plains, NY

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