The housing market in Dover, FL is doing exceptionally well compared to the national average. The median value of houses in Dover is $408,700, which is considerably higher than the US House Median Value of $338,100. Furthermore, the appreciation rate for homes in Dover over the past year was 20.71%, significantly higher than the national 1 year House Appreciation rate of 8.27%. This robust performance highlights that Dover is a desirable place to live and provides good opportunities for potential home buyers or investors.
The median home cost in Dover is $408,700. Home appreciation the last 10 years has been 181.6%. Home Appreciation in Dover is up 28.5%.
Average Age of Homes
- The median age of Dover real estate is 31 years old
The Rental Market in Dover
- Renters make up 51.6% of the Dover population
- 3.9% of houses and apartments in Dover, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.