Is Dover Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dover Township is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Dover Township has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Dover Township, OH

How much do homes in Dover Township, OH cost?

Median Sold Price

$217,500

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,500(+5.6%)

Key Takeaway

Homes in Dover Township have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Dover Township was $217,500 in October 2024, up 5.6% from last year, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $112.5K$93.5K
-16.8%
2 $163.5K$182.5K
+11.7%
3 $200K$215K
+7.5%
4 $262.5K$239.9K
-8.6%
5+ $350K$328.7K
-6.1%

Summary: Dover Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.8%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes decreased by 6.1%.

Median Sold Price Compared To Nearby Cities

Clinton Township
+20.3%
Franklin Township
+7.0%
Dover Township
+5.6%
Pike Township
0.2%

Housing Supply in Dover Township, OH

How many homes are available in Dover Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5449-9.3%

Summary: The Dover Township real estate market had 49 homes for sale in October 2024, a 9.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 94
-55.6%
3 3129
-6.5%
4 1010
0.0%
5+ 46
+50.0%

Summary: The Dover Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 55.6%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2013-35.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dover Township, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Dover Township in October 2024, down by 35.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 17% were sold at asking, and 42% were sold over asking.

Days on Market for Dover Township, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
42 Days39 Days-7.6%

Summary: Homes in Dover Township had an average of 39 days on market in Oct 2024, down by 7.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 13 homes were sold in Dover Township; 46% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 8% 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 20 Days Ago

Newest Listings in Dover Township, OH

Nearby Markets to Dover Township, OH

What housing markets are near Dover Township, OH?