Is Dover, NH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Dover was a Buyer's Market.
Key Takeaway
Dover is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dover, NH
How much do homes in Dover, NH cost?
Median Sold Price
$558,000
$347/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Dover have sold for 20.7% less than they did a month ago.
Summary: The median home sold price in Dover was $558,000 in May 2024, down 20.7% from last month, and the median price per square foot was $347.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $190K | N/A |
| 2 Bedrooms | - | $507.4K | N/A |
| 3 Bedrooms | $704K | $595K | -15.5% |
| 4 Bedrooms | $802.5K | $830K | +3.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Dover housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 15.5%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Dover | $704K | $558K | -20.7% |
| Rollinsford | $487.5K | $315K | -35.4% |
| Madbury | $2.0M | $475K | -76.3% |
Housing Supply in Dover, NH
How many homes are available in Dover, NH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 84 | 116 | +38.1% |
Summary: The Dover real estate market had 116 homes for sale in May 2024, a 38.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 23 | 30 | +30.4% |
| 3 Bedrooms | 40 | 60 | +50.0% |
| 4 Bedrooms | 18 | 21 | +16.7% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Dover housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30.4%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 38 | +375.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dover, you could pay more than the asking price. 65.8% of homes here sold above asking price last month.
Summary: A total of 38 homes were sold or pending in Dover in May 2024, up by 375.0% month-over-month. Of the 38 sold homes, 13% were sold under asking, 21% were sold at asking, and 66% were sold over asking.
Days on Market for Dover, NH
How long does it take to sell a home in Dover, NH?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Dover are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 38 homes were sold in Dover; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.