Dover, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Dover Neighborhoods Since 2000




Dover, OH 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 12,899 people, 5,273 houses or apartments, and a median cost of homes of $139,888, Dover real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Dover, accounting for 74.76% of the city's housing units. Other types of housing that are prevalent in Dover include duplexes, homes converted to apartments or other small apartment buildings ( 12.31%), large apartment complexes or high rise apartments ( 6.17%), and a few mobile homes or trailers ( 3.62%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Dover. Owner-occupied housing accounts for 65.76% of Dover's homes, and 58.18% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Dover's housing was primarily built during this period, from the '40s through the '60s. A full 32.51% of the city's housing hails from this era. Other housing ages represented in Dover include homes built before 1939 ( 29.22%) and housing constructed between 1970-1999 ( 27.64%). There's also some housing in Dover built between 2000 and later ( 10.63%).

Dover Home Appreciation Rates

Appreciation rates for homes in Dover have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 0.33%, which ranks in the top 50% nationwide. This equates to an annual average Dover house appreciation rate of 0.03%.

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 1.89%, 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 -0.60%, which equates to an annual appreciation rate of -2.39%.

Notably, Dover's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Ohio, our data show that Dover's latest annual appreciation rate is lower than 60% of the other cities and towns in Ohio.

Average Home Values

 

Median Home Value:
$139,888

Dover, OH HOME PRICES

Value Range
> $1,094,000 0.0
$821,001 - $1,094,000 0.0
$547,001 - $821,000 0.9
$437,001 - $547,000 0.1
$328,001 - $437,000 1.9
$219,001 - $328,000 8.3
$110,001 - $219,000 46.2
$55,001 - $110,000 36.1
$0 - $55,000 6.5

Average for OH
Average for Nation

Value Relative to Nation Value Relative to State
54.7931559826556 45.1443569553806

Number Of Homes And Apartments:
5,273

Dover Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
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
13.54% 0.74% 6 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$888 / per month

Homeownership Rate

Homeownership
Owners 65.76
Renters 34.24
Vacant 4.66

Housing Market Details

 

Age of Homes

AGE OF Dover HOMES
2000 or Newer 10.6
1970 - 1999 27.6
1940 - 1969 32.5
1939 or Older 29.2

Types of Homes

TYPE OF Dover HOMES
Single-Family 74.8
Townhomes 3.1
Small Apt. Buildings 12.3
Apt. Complexes 6.2
Mobile Homes 3.6
Other 0.0

Home Size

SIZE OF Dover HOMES
No Bedroom 2.87
1 Bedroom 9.18
2 Bedrooms 26.83
3 Bedrooms 47.21
4 Bedrooms 10.97
5 or more bedrooms 2.93