The housing market in Dover, OH is thriving. The median value of a house in the area is $195,000, which is considerably lower than the US house median value of $338,100. Even though the cost of buying a house in Dover is lower than the national average, the appreciation rate for housing in Dover over the past year was an impressive 10.56%, compared to 8.27% nationally. This shows that real estate investments in Dover can be highly profitable for buyers and sellers alike.
The median home cost in Dover is $195,000. Home appreciation the last 10 years has been 76.6%. Home Appreciation in Dover is up 13.2%.
Average Age of Homes
- The median age of Dover real estate is 57 years old
The Rental Market in Dover
- Renters make up 26.2% of the Dover population
- 3.7% 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.