Dover, FL
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Dover Neighborhoods Since 2000




Dover, FL Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Dover Housing Market Information

With 3,973 people, 971 houses or apartments, and a median cost of homes of $201,981, Dover real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Dover, accounting for 63.24% of the town's housing units. Other types of housing that are prevalent in Dover include mobile homes or trailers ( 15.74%), duplexes, homes converted to apartments or other small apartment buildings ( 15.65%), and a few row houses and other attached homes ( 5.37%).

The most prevalent building size and type in Dover are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 39.94% owning and 60.06% renting.

There is a lot of housing in Dover built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Dover built between 2000 and later ( 33.46%). A lesser amount of the housing stock also hails from between 1940-1969 ( 20.74%). There's also some housing in Dover built before 1939 ( 7.07%).

Dover Home Appreciation Rates

Dover's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Dover during the period has been just -2.04%, which is lower than 80% of US communities.

NeighborhoodScout's data show that during the latest twelve months, Dover's appreciation rate, at 5.07%, has been at or slightly above the national average. In the latest quarter, Dover's appreciation rate has been 1.28%, which annualizes to a rate of 5.24%.

Relative to Florida, our data show that Dover's latest annual appreciation rate is lower than 70% of the other cities and towns in Florida.

Average Home Values

 

Median Home Value:
$201,981

Dover, FL HOME PRICES

Value Range
> $1,217,000 2.3
$913,001 - $1,217,000 0.3
$609,001 - $913,000 0.7
$486,001 - $609,000 2.9
$365,001 - $486,000 9.0
$243,001 - $365,000 17.1
$122,001 - $243,000 40.3
$61,001 - $122,000 17.1
$0 - $61,000 10.4

Average for FL
High for Nation

Value Relative to Nation Value Relative to State
31.7766318996836 45.2991452991453

Number Of Homes And Apartments:
971

Dover Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
FL*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
61.46% 2.82% 4 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,045 / per month

Homeownership Rate

Homeownership
Owners 39.94
Renters 60.06
Vacant 8.48

Housing Market Details

 

Age of Homes

AGE OF Dover HOMES
2000 or Newer 33.5
1970 - 1999 38.7
1940 - 1969 20.7
1939 or Older 7.1

Types of Homes

TYPE OF Dover HOMES
Single-Family 63.2
Townhomes 5.4
Small Apt. Buildings 15.6
Apt. Complexes 0.0
Mobile Homes 15.7
Other 0.0

Home Size

SIZE OF Dover HOMES
No Bedroom 2.07
1 Bedroom 4.15
2 Bedrooms 22.15
3 Bedrooms 50.61
4 Bedrooms 21.02
5 or more bedrooms 0.00