Is Dover Township, PA 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 November 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, PA

How much do homes in Dover Township, PA cost?

Median Sold Price

$278,398

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$12,148(+4.6%)

Key Takeaway

Homes in Dover Township have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Dover Township was $278,398 in November 2024, up 4.6% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $162K-
N/A
2 $207.7K$226K
+8.8%
3 $255K$270K
+5.9%
4 $342K$360K
+5.3%
5+ $475.7K$362.4K
-23.8%

Summary: Dover Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.8%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 23.8%.

Median Sold Price Compared To Nearby Cities

Conewago Township
+8.2%
Dover Township
+4.6%
West Manchester Township
+4.2%
Dover
+3.8%
Warrington Township
0.0%

Housing Supply in Dover Township, PA

How many homes are available in Dover Township, PA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10687-17.9%

Summary: The Dover Township real estate market had 87 homes for sale in November 2024, a 17.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2012
-40.0%
3 5450
-7.4%
4 2922
-24.1%
5+ 33
0.0%

Summary: The Dover Township 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 40%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 24.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3530-14.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dover Township, you could pay more than the asking price. 40% of homes here sold above asking price last month.

Summary: A total of 30 homes were sold or pending in Dover Township in November 2024, down by 14.3% month-over-month. Of the 30 sold homes, 33% were sold under asking, 27% were sold at asking, and 40% were sold over asking.

Days on Market for Dover Township, PA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
17 Days23 Days+39.7%

Summary: Homes in Dover Township had an average of 23 days on market in Nov 2024, up by 39.7% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were 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 November 2024, 30 homes were sold in Dover Township; 80% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% 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 2 Days Ago

Newest Listings in Dover Township, PA

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