The housing market in Dover, DE Metro Area is one of the nation's most robust and growing markets. The median value for a home in this area is $303,800 which is slightly lower than the national median value of $338,100. Furthermore, the appreciation rate over the past year has been 10.15%, significantly higher than the 8.27% national average, indicating that this market continues to experience rapid growth and appreciation. Investors and homeowners alike are sure to find great potential in Dover's housing market for years to come.
The median home cost in Dover Metro Area is $303,800. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Dover Metro Area is up 17.3%.
Average Age of Homes
- The median age of Dover Metro Area real estate is 26 years old
The Rental Market in Dover Metro Area
- Renters make up 25.8% of the Dover Metro Area population
- 1.3% of houses and apartments in Dover Metro Area, 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.