Dover, NH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Dover, NH 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 a population of 30,880, 12,668 total housing units (homes and apartments), and a median house value of $272,760, 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 42.95% of the city's housing units. Other types of housing that are prevalent in Dover include large apartment complexes or high rise apartments ( 26.66%), duplexes, homes converted to apartments or other small apartment buildings ( 20.65%), and a few row houses and other attached homes ( 6.51%).

People in Dover primarily live in small (one, two or no bedroom) single-family detached homes. Dover has a mixture of owner-occupied and renter-occupied housing.

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 1940-1969 ( 25.35%). A lesser amount of the housing stock also hails from before 1939 ( 25.35%). There's also some housing in Dover built between 2000 and later ( 14.08%).

Dover Home Appreciation Rates

Real estate appreciation rates in Dover's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.54% during the period.

Over the last year, Dover appreciation rates have trailed the rest of the nation. In the last twelve months, Dover's appreciation rate has been 2.97%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Dover were at 1.07%, which equates to an annual appreciation rate of 4.36%.

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

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Dover differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Dover - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Dover real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$272,760

Dover, NH HOME PRICES

Value Range
> $1,138,000 0.1
$853,001 - $1,138,000 0.5
$569,001 - $853,000 2.8
$455,001 - $569,000 8.4
$341,001 - $455,000 17.3
$228,001 - $341,000 35.9
$114,001 - $228,000 28.2
$57,001 - $114,000 4.8
$0 - $57,000 2.0

Average for NH
Very High for Nation

Value Relative to Nation Value Relative to State
19.4304465018165 41.4012738853503

Number Of Homes And Apartments:
12,668

Dover Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NH*
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
48.15% 2.30% 6 6
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,651 / per month

Homeownership Rate

Homeownership
Owners 49.96
Renters 50.04
Vacant 6.78

Housing Market Details

 

Age of Homes

AGE OF Dover HOMES
2000 or Newer 14.1
1970 - 1999 35.2
1940 - 1969 25.4
1939 or Older 25.4

Types of Homes

TYPE OF Dover HOMES
Single-Family 42.9
Townhomes 6.5
Small Apt. Buildings 20.6
Apt. Complexes 26.7
Mobile Homes 3.2
Other 0.0

Home Size

SIZE OF Dover HOMES
No Bedroom 1.55
1 Bedroom 13.69
2 Bedrooms 37.43
3 Bedrooms 31.78
4 Bedrooms 13.40
5 or more bedrooms 2.16