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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 3,266 people, 1,118 houses or apartments, and a median cost of homes of $333,341, 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 69.55% of the town's housing units. Other types of housing that are prevalent in Dover include mobile homes or trailers ( 15.73%), large apartment complexes or high rise apartments ( 7.91%), and a few row houses and other attached homes ( 5.80%).
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 48.22% owning and 51.78% 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 ( 21.70%). A lesser amount of the housing stock also hails from before 1939 ( 17.16%). There's also some housing in Dover built between 1940-1969 ( 11.52%).
In the last 10 years, Dover has experienced some of the highest home appreciation rates of any community in the nation. Dover real estate appreciated 140.14% over the last ten years, which is an average annual home appreciation rate of 9.16%, putting Dover in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Dover definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Dover's appreciation rate, at 6.61%, has been at or slightly above the national average. In the latest quarter, Dover's appreciation rate has been -1.88%, which annualizes to a rate of -7.33%.
Relative to Florida, our data show that Dover's latest annual appreciation rate is lower than 80% of the other cities and towns in Florida.
$1,611 / per month