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Preforeclosure Homes in Dover, DE 19901

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Living in Dover, DE

Dover, DE, is a charming capital city offering rich history, a vibrant community, and a wide array of amenities. With its excellent schools, parks, and close proximity to major highways, it is an ideal location for families and individuals alike. Residents benefit from a friendly small-town feel while enjoying access to larger urban centers.

Current Market Conditions in Dover, DE

The real estate market in Dover has seen steady growth over the past few years. Property values have been gradually increasing, making it a viable option for real estate investors looking for a stable and appreciating market.

There is a healthy mix of residential properties available, ranging from affordable starter homes to more luxurious options. Investors are taking note of this growing market, as the demand for rentals continues to rise with an influx of new residents and families.

Home Value Estimator For Dover, DE

There are currently 23,721 real estate properties in Dover, DE, with a median automated valuation model (AVM) price of $319,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Dover, DE, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Dover, DE, is $355,516.00, with the most expensive house in Dover, DE, topping out at $34,380,738.00 and the cheapest home in Dover, DE, clocking in at $13,837.00. In other words, there’s something for every potential homebuyer or savvy investor in Dover, DE!

Rent Prices In Dover, DE

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Dover, DE, is on a rollercoaster ride. The average rent price in Dover, DE, is $1,476.00. Indeed, when looking to rent in Dover, DE, you can expect to pay as little as $750.00 or as much as $3,190.00, with the average rent median estimated to be $1,510.00. The good news is that finding an affordable and desirable property to rent in Dover, DE -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Dover, DE 19901 Preforeclosure Homes

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