The housing in Dover, TN is appreciating at a much higher rate than the national average. The median value of homes in Dover is $214,500, which is significantly lower than the US median value of $338,100. However, in the last year homes have appreciated by 15.74%, significantly higher than the US house appreciation rate of 8.27%. This indicates that Dover is a desirable place to live and invest in real estate.
The median home cost in Dover is $214,500. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Dover is up 25.0%.
Average Age of Homes
- The median age of Dover real estate is 40 years old
The Rental Market in Dover
- Renters make up 27.0% of the Dover population
- 1.2% 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.