Yuliana Alex Goldin Dunn, Listing Office: Patterson-Schwartz-Middletown
Dover Housing Market Report December 2024•Kent County, Delaware
Housing Prices in Dover, DE
How much do homes in Dover, DE cost?
Housing Market Conditions
Is Dover, DE a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Dover is a Seller's Market
Difference Since December 2023
Since last year, Dover has remained a Seller's Market.
Dover is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Dover have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in Dover was $315,000 in December 2024, up 7.8% from last year, and the median price per square foot was $180.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Dover | $292.1K | $315K | +7.8% |
Camden Wyoming | $364K | $375K | +3.0% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $157.1K | $123.7K | -21.2% |
22 Bedrooms | $205K | $221.5K | +8.0% |
33 Bedrooms | $276K | $303.9K | +10.1% |
44 Bedrooms | $355K | $390K | +9.9% |
55+ Bedrooms | $380K | $489K | +28.7% |
Summary: Dover housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -21.2%. The home price for 2 bedroom homes increased by +8.0%. The home price for 3 bedroom homes increased by +10.1%. The home price for 4 bedroom homes increased by +9.9%. The home price for 5 bedroom homes increased by +28.7%.
Housing supply in Dover, DE
How many homes are available in Dover, DE?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
237Last MonthDec 2024 | ||
2532 months agoNov 2024 | -6.3 % Change MoMNov – Dec |
Summary: The Dover real estate market had 237 homes for sale in Dec 2024, a 6.3 % decrease compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
47Last MonthDec 2024 | ||
572 months agoNov 2024 | -17.5 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 2 | +100.0% |
22 Bedrooms | 27 | 25 | -7.4% |
33 Bedrooms | 138 | 128 | -7.2% |
44 Bedrooms | 71 | 62 | -12.7% |
55+ Bedrooms | 16 | 20 | +25.0% |
Summary: Dover housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -7.4%. The inventory for 3 bedroom homes decreased by -7.2%. The inventory for 4 bedroom homes decreased by -12.7%. The inventory for 5 bedroom homes increased by +25.0%.
Asking Price vs. Sold Price
How much do homes in Dover, DE cost?
Over Asking Price6 Homes
At Asking Price27 Homes
Under Asking Price14 Homes
If you're buying a home in Dover, expect to pay close to the asking price. 57.4% of homes here sold near the asking price last month.
Summary: A total of 47 homes were sold or pending in Dover in December 2024, down by 17.5% month-over-month. Of the 47 sold homes, 30% were sold under asking, 57% were sold at asking, and and 13% were sold over asking.
Days on Market for Dover, DE
How long does it take to sell a home in Dover, DE?
Breakdown of Home Sale Times
Under 30 Days26 Homes
30 – 90 Days13 Homes
Over 90 Days8 Homes
Many homes in Dover are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 47 homes were sold in Dover; 55% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
49 DaysThis YearDec 2024 | ||
32 Days1 year agoDec 2023 | +54.0 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Dover had an average listing age of 49 days in Dec 2024, up by 54.0% compared to the previous year.
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Newest Listings in Dover, DE
What homes are available in Dover, DE?
Nearby markets
Popular Cities with Homes for Sale in Delaware
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MLS Disclaimers and Copyright
Based on information from BrightMLS, for the period 01/01/2023 - 01/01/2025
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:24:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.