Dover Home Prices & Values

$150,200 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 6.1% 1-year change
  • 3.9% 1-year forecast

The median home value in Dover is $150,200. Dover home values have gone up 6.1% over the past year and Zillow predicts they will rise 3.9% within the next year. The median list price per square foot in Dover is $93, which is lower than the Dover Metro average of $113. The median price of homes currently listed in Dover is $149,900 while the median price of homes that sold is $135,380. The median rent price in Dover is $1,200, which is lower than the Dover Metro median of $1,250.

Foreclosures will be a factor impacting home values in the next several years. In Dover 5.9 homes are foreclosed (per 10,000). This is greater than the national value of 4.4

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Dover is 10.4%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Dover homeowners underwater on their mortgage is 26.8%.

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Relative ZHVI
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Dover Market Overview

Data through Jul 31, 2014
  • $150,200 ZHVI
  • 3.9% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $149,900 Median listing price
  • $135,380 Median sale price
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Dover Market Health

Data through Jul 31, 2014
  • 4.0/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • 26.8% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 10.4% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

5.9 homes Dover
4.4 homes United States
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Highland Acres $196,200 Smyrna $168,300 Kent Acres $164,900
Hartly $152,100 Felton $143,400 Magnolia $140,600
Wyoming $136,800 Camden $125,700 Rodney Village $109,600

Listings & Sales

Data through Jul 31, 2014
  • $93 Median list price / sq ft
  • $85 Median sale price / sq ft
  • 39.8% Listings with price cut
28.0%
Sold below listing
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Dover Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,206 Dover
$1,173 Dover Metro
$1,318 United States
  • 3.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $1,200 Rent list price
  • $0.74 Rent list price / sq ft
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