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Featured local agent — Dover, FL
Sarah Mitchell
Compass Real Estate · Dover, FL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Dover, FL Housing Market
The typical home in Dover, FL is worth $431,117, fell 0.5% over the past year (Zillow Home Value Index, July 2026). The last median sale price Redfin published was $225,000, -60.5% year over year (through May 2026). With 3.0 months of supply and homes going under contract in about 17 days, Dover is a balanced market. At today's 6.66% 30-year fixed rate, 20% down on a $431,117 home is about $2,216/mo in principal and interest.
Key numbers for Dover, FL
Typical home value
$431,117
-0.5% in 12 months
Zillow, July 2026
Typical asking rent
$2,606/mo
Zillow Observed Rent Index
Zillow, July 2026
Median sale price
$225,000
-60.5% year over year
Redfin, through May 2026
Days on market
17
Fast-moving
Redfin, through May 2026
Active listings
3
3.0 months of supply
Redfin, through May 2026
30-yr fixed rate
6.66%
Freddie Mac weekly average
Freddie Mac via FRED, August 2026
Median household income
$42,222
Home costs 10.2x income
U.S. Census ACS, 2023
Sale-to-list ratio
88.2%
Selling below asking
Redfin, through May 2026
Zillow figures are as of July 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Dover a buyer's or seller's market?
Dover, FL is a balanced market, based on 3.0 months of supply and homes selling in about 17 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Dover housing market data show?
Every row below is Redfin's final published month for Dover, FL. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $225,000 |
| Median list price | $450,000 |
| Year-over-year price change | -60.5% |
| Median price per sq ft | $171/sq ft |
| Median days on market | 17 days |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 88.2% |
| Homes sold (that month) | 1 |
| New listings (that month) | 1 |
| Listings with a price cut | 66.7% |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Dover is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Dover is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Dover home prices moved?
Over the last three years the median sale price in Dover, FL fell 53.0%, from $479,000 to $225,000. The live Zillow value series has fell 0.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 66.7% of Dover listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 3.0 months while the sale-to-list ratio slips below its current 88.2%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Dover?
Priced off the typical home value of $431,117 at the current 6.66% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $86,223 | $344,894 | $2,216/mo |
| 5% | $21,556 | $409,561 | $2,632/mo |
Zillow, July 2026 for the price · Freddie Mac via FRED, August 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,216, that implies roughly $94,988 a year before you add taxes and insurance. The median household in Dover earns $42,222, about $52,766 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 10.2x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Dover in the next 12 months?
Tell us your timeline. We send the Dover market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Dover?
Typical asking rent in Dover, FL is $2,606/mo, against a typical home value of $431,117. That is a price-to-rent ratio of 13.8x, which means buying tends to beat renting on monthly cost over a typical hold. Compared head to head, 20% down puts principal and interest at $2,216 a month — $390 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.
Zillow, July 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Dover?
Active listings in Dover, FL went from 3 in September 2024 to 3 in May 2026, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| October 2024 | 1 | 1 |
| November 2024 | 1 | 1 |
| December 2024 | 2 | 2 |
| January 2025 | 2 | 1 |
| May 2025 | 2 | 1 |
| August 2025 | 4 | 2 |
| November 2025 | 3 | 1 |
| December 2025 | 2 | 1 |
| January 2026 | 3 | 1 |
| March 2026 | 3 | 2 |
| April 2026 | 2 | not published |
| May 2026 | 3 | 1 |
Redfin, through May 2026
How does Dover compare to Florida and the U.S.?
Dover homes sell for $225,000 — 47% below the Florida median of $421,500. Against the national median of $410,700, Dover runs 45% lower. Year-over-year, Dover moved -60.5% against Florida's +2.6% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Dover, FL | $225,000 | -60.5% | 17 days |
| Florida statewide | $421,500 | +2.6% | 66 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Dover
What buyers should watch
- Months of supply, currently 3.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 66.7%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $416 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 6.66%, every full point of rate change moves the payment on a $431,117 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Dover listing goes under contract in 17 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 88.2% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Dover added 1 new listings against 1 sales — more clearing than arriving, which is the better window to list.
- Your equity moved -0.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Dover varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Dover
There are currently 3 homes listed for sale in Dover, Florida. The median listing price is $450K.
Active listings
3
Homes on market
Median list price
$450K
Avg. days on market
17
Days until sale
New this week
1
Newly listed
How much do homes cost in Dover by property type?
How the Dover, FL market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $225,000 | $171/sq ft | 1 | 17 days |
Who lives in Dover?
American Community Survey estimates for Dover. U.S. Census ACS, 2023
Population
3,157
Households
1,054
Median income
$42,222/yr
Median age
37.9 years
Owner-occupied
56.1%
Median home value
$215,500
Median gross rent
$840/mo
Mean commute
35.9 min
56.1% of occupied homes in Dover are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $215,500 against Zillow's $431,117 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $840/mo, below Zillow's $2,606/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Dover?
6 schools tracked · 5,486 students
The largest public schools serving Dover, FL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
STRAWBERRY CREST HIGH SCHOOL
Grades 9-12 · 2,531 students
INDEPENDENCE ACADEMY
Grades K-8 · 907 students
BAILEY ELEMENTARY SCHOOL
Grades PK-5 · 760 students
NELSON ELEMENTARY SCHOOL
Grades PK-5 · 683 students
DOVER ELEMENTARY
Grades PK-5 · 550 students
WILLIS PETERS EXCEPTIONAL CENTER
Grades PK-12 · 55 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Dover, FL?
Ordered by distance from Dover, not by size. Compare Dover side by side with any of them.
Dover housing market FAQ
Is Dover a buyer's or seller's market?
Dover, FL is currently a balanced market. That read comes from 3.0 months of supply, homes going under contract in about 17 days, and sellers getting 88.2% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Dover?
The typical home in Dover, FL is worth $431,117 (Zillow Home Value Index, July 2026). The median sale price in the last month Redfin published was $225,000, about $171 per square foot.
Is Dover cheaper than the rest of Florida?
Dover's median sale price of $225,000 is 47% lower than the Florida statewide median of $421,500, and 45% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Dover?
Homes in Dover, FL spent a median of 17 days on market before going under contract, versus 66 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Dover?
At the current 30-year fixed rate of 6.66%, 20% down on a $431,117 home is about $2,216 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $94,988 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $42,222.
Are home prices rising in Dover?
The typical home value in Dover, FL fell 0.5% over the last 12 months, from $433,368 to $431,117 (Zillow, July 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Dover?
Dover ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Dover?
That depends on your timeline, not on a headline. What the data says today: Dover, FL is a balanced market with 3.0 months of supply, the 30-year fixed rate is 6.66%, and the price-to-rent ratio of 13.8x means buying tends to beat renting on monthly cost over a typical hold. Properties Incorporated publishes the data; it does not give financial advice.
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