Dover, MA is a unique area when it comes to housing. The median value of a house in Dover is $1,388,300, which is significantly higher than the national median value of $338,100. This high median value reflects the desirability of the town and its affluent population. Furthermore, the 1 year appreciation rate for houses in Dover is 8.56%, slightly higher than the national average of 8.27%. This means that people who invest in homes in Dover are likely to see their investments increase over time. Overall, Dover is an attractive place to live with strong potential for long-term housing investments.
The median home cost in Dover is $1,388,300. Home appreciation the last 10 years has been 77.1%. Home Appreciation in Dover is up 11.8%.
Average Age of Homes
- The median age of Dover real estate is 50 years old
The Rental Market in Dover
- Renters make up 7.1% of the Dover population
- 1.4% 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.