Dover, DE Foreclosures
How much do homes sell for in Dover, DE?
The average home price is currently $348,973.
In Dover, DE, how many homes are available?
There are currently 191 active home listings available in Dover.
What’s the average rental cost in Dover, DE?
The average rental price in Dover is $1,476.
What is the most expensive home in Dover?
The most expensive home sold in Dover had a price of $33,079,631.
What is currently the cheapest priced home in Dover, DE?
The cheapest home for sale in Dover is priced at $13,503.
Living in Dover, DE
Dover, DE, is a charming capital city known for its rich history and vibrant community. It offers a blend of urban amenities and picturesque parks, perfect for both families and young professionals. The city also enjoys a prime location, making it easy to access beautiful Delaware beaches.
Current Market Conditions in Dover, DE
The real estate market in Dover has remained steady, with a slight uptick in home prices over the past few months. Currently, the median home price is around $250,000, with a limited inventory that continues to attract buyers. As a result, homes in desirable neighborhoods tend to sell quickly, often above the asking price, ensuring a competitive market for new homebuyers.
Dover's real estate sector has also seen a trend towards more new developments and renovations of older properties, driven by an influx of residents drawn by the city's rich amenities and quality of life. This reflects a positive sentiment in the market, with both investors and first-time buyers eager to establish roots here.
Home Value Estimator For Dover, DE
There are currently 23,879 real estate properties
in Dover, DE,
with a median automated valuation model (AVM) price
of $311,919.00. 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 $348,973.00, with the most expensive house
in Dover, DE, topping out
at $33,079,631.00 and the cheapest home
in Dover, DE,
clocking in at $13,503.00. 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.
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