Dover, MA—02030
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dover, MA
As of Oct '25, the median home price in Dover, MA is $1,723,000, with a year-over-year change of 2.2%. This indicates that home prices in Dover, MA are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,723,000 | 2.2% |
| Single Family | $1,752,000 | 2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $969,000 | 2.9% |
3 Bed | $1,270,000 | 2.5% |
4 Bed | $1,705,000 | 3.0% |
| 5 Bed | $2,534,000 | 3.5% |
% of Housing Stock
Rental Trends — Dover, MA
As of July '25, Rentcast reports the average rent in Dover, MA is $4,890, with a year-over-year rent change of -27.1%. Per bedroom, the median rent as of July '25 in Dover, MA is 1-bedrooms: $3,410, 2-bedrooms: $3,750, 3-bedrooms: $4,590, 4-bedrooms: $6,900. The most common rental property sizes in Dover, MA are 4-bedroom and 2-bedroom, accounting for 34.5% and 27.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $4,620 | $4,890 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $3,410 | $3,410 |
| 2 Bed Rent | $3,750 | $3,750 |
| 3 Bed Rent | $4,650 | $4,590 |
| 4 Bed Rent | $7,500 | $6,900 |
% of Rental Stock
Property Listings — Dover, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Dover, MA is 59. This is a increase of 45.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,450,000 | 13.0% |
Listing Count | 28 | 32.0% |
| Listings as % of Homes | 0.6% | 32.0% |
Days on Market | 59 | 45.0% |
Demographics — Dover, MA
As of the latest ACS Survey released in 2023, Dover, MA has a population of 5,890, which has decreased by -1.6% over the past 5 years. Dover, MA is a popular place for families, as children make up 26.2% of the population. The area has a highly educated workforce, with 87.3% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 34.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,890 | -1.6% |
% Under 18 | 26.2% | -5.8% |
% Seniors | 16.4% | -8.4% |
% WFH | 34.0% | 220.8% |
% w/ College Degree | 87.3% | 6.2% |
As of the latest ACS Survey released in 2023, Dover, MA is a predominantly white area, with 78.6% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Dover, MA is asian, making up 11.5% of the population. Foreign-born residents account for 15.4% of the population in Dover, MA, and this percentage has decreased by 3.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 78.6% | -4.0% |
% Black | 2.0% | 33.3% |
% Hispanic | 2.6% | -31.6% |
% Asian | 11.5% | 17.3% |
% Foreign Born | 15.4% | -3.1% |
Mortgage and Risk — Dover, MA
According to HUD data as of 2023, there were 100 mortgage originations in Dover, MA, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Dover, MA. Investor activity is low, as 1.0% of loans were by investors. 2.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 100 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 2.0% |
Loan Activity
Rentals and Section 8 — Dover, MA
Dover, MA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 7 |
Total Units Section 8 | 7 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$280 | $3,410 | $3,130 |
| 2 Bedroom | -$40 | $3,750 | $3,710 |
| 3 Bedroom | -$180 | $4,650 | $4,470 |
| 4 Bedroom | -$2,580 | $7,500 | $4,920 |
Affordability — Dover, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.1 |
| Median Home Price | $1,723,000 |
| Median Household Income | $250,000 |