Is Dover, NY 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 Seller's Market.
Housing Prices in Dover, NY
How much do homes in Dover, NY cost?
Median Sold Price
$400,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Dover was $400,000 in May 2024, up 16.4% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $310K | $230K | -25.8% |
3 Bedrooms | $355K | $405K | +14.1% |
4 Bedrooms | $344K | $410K | +19.2% |
5+ Bedrooms | $384K | - | N/A |
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 25.8%, 3 bedroom homes increased by 14.1%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Kent | $472.5K | $590K | +24.9% |
Union Vale | $482.5K | $577.5K | +19.7% |
Wingdale | $340K | $400K | +17.6% |
Dover | $343.5K | $400K | +16.4% |
Dover Plains | $338.5K | $393.5K | +16.2% |
Housing Supply in Dover, NY
How many homes are available in Dover, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 37 | +32.1% |
Summary: The Dover real estate market had 37 homes for sale in May 2024, a 32.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 13 | 17 | +30.8% |
4 Bedrooms | 8 | 10 | +25.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
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 increased by 25%, 3 bedroom homes increased by 30.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Dover in May 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Dover, NY
How long does it take to sell a home in Dover, NY?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
75 Days | 71 Days | -5.3% |
Summary: Homes in Dover had an average of 71 days on market in May 2024, down by 5.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Dover; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.