Is Dover, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Dover was a Buyer's Market.
Housing Prices in Dover, FL
How much do homes in Dover, FL cost?
Median Sold Price
$435,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Dover was $435,000 in May 2024, down 3.6% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $100K | - | N/A |
2 Bedrooms | $195K | $188.8K | -3.2% |
3 Bedrooms | $391.5K | $352.5K | -10.0% |
4 Bedrooms | $495K | $502.5K | +1.5% |
5+ Bedrooms | $592.5K | $642.5K | +8.4% |
Summary: Dover housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.2%, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 8.4%.
Median Sold Price Compared To Nearby Cities
Seffner | $350K | $358.6K | +2.5% |
Brandon | $365K | $371.4K | +1.8% |
Valrico | $424K | $425K | 0.2% |
Dover | $451.2K | $435K | -3.6% |
Thonotosassa | $410K | $368K | -10.2% |
Housing Supply in Dover, FL
How many homes are available in Dover, FL?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
46 | 44 | -4.3% |
Summary: The Dover real estate market had 44 homes for sale in May 2024, a 4.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 19 | 17 | -10.5% |
4 Bedrooms | 19 | 20 | +5.3% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Dover housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10.5%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 8 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Dover in May 2024, down by 20.0% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Dover, FL
How long does it take to sell a home in Dover, FL?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
65 Days | 76 Days | +16.6% |
Summary: Homes in Dover had an average of 76 days on market in May 2024, up by 16.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Dover; 50% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.