Dover, NH—03820
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dover, NH
As of Oct '25, the median home price in Dover, NH is $528,000, with a year-over-year change of 2.9%. This indicates that home prices in Dover, NH are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $528,000 | 2.9% |
| Single Family | $560,000 | 2.8% |
| Condos | $360,000 | 0.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $203,000 | 1.0% |
2 Bed | $394,000 | 3.4% |
3 Bed | $558,000 | 3.0% |
4 Bed | $678,000 | 2.7% |
| 5 Bed | $756,000 | 2.2% |
% of Housing Stock
Rental Trends — Dover, NH
As of July '25, Rentcast reports the average rent in Dover, NH is $2,240, with a year-over-year rent change of -6.3%. Per bedroom, the median rent as of July '25 in Dover, NH is studios: $1,910, 1-bedrooms: $1,810, 2-bedrooms: $2,210, 3-bedrooms: $2,640, 4-bedrooms: $3,310. The most common rental property sizes in Dover, NH are 2-bedroom and 1-bedroom, accounting for 45.1% and 28.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,240 |
| Studio Rent | $1,750 | $1,910 |
| 1 Bed Rent | $1,800 | $1,810 |
| 2 Bed Rent | $2,200 | $2,210 |
| 3 Bed Rent | $2,600 | $2,640 |
| 4 Bed Rent | $3,300 | $3,310 |
% of Rental Stock
Property Listings — Dover, NH
As of Oct '25, Realtor.com reports that the median days on market for a home in Dover, NH is 51. This is a increase of 5.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $709,000 | -4.0% |
Listing Count | 122 | 75.0% |
| Listings as % of Homes | 0.3% | 75.0% |
Days on Market | 51 | 5.0% |
Demographics — Dover, NH
As of the latest ACS Survey released in 2023, Dover, NH has a population of 33,200, which has increased by 5.7% over the past 5 years. Dover, NH is a moderately popular place for families, as children make up 16.7% of the population. The area has a highly educated workforce, with 49.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,200 | 5.7% |
% Under 18 | 16.7% | -12.1% |
% Seniors | 17.2% | 13.9% |
% WFH | 17.6% | 319.0% |
% w/ College Degree | 49.2% | 6.3% |
As of the latest ACS Survey released in 2023, Dover, NH is a predominantly white area, with 85.8% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Dover, NH is hispanic, making up 3.7% of the population. Foreign-born residents account for 5.1% of the population in Dover, NH, and this percentage has decreased by 37.8% 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 | 85.8% | -2.7% |
% Black | 1.3% | 18.2% |
% Hispanic | 3.7% | 37.0% |
% Asian | 3.3% | -38.9% |
% Foreign Born | 5.1% | -37.8% |
Mortgage and Risk — Dover, NH
According to HUD data as of 2023, there were 542 mortgage originations in Dover, NH, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in Dover, NH. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 542 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Dover, NH
As of 2024, the percent of homes in Dover, NH under the Section 8 program is 10.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Dover, NH, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 1,054 |
Total Units Section 8 | 754 |
% Rentals under Section 8 | 10.5% |
% Occupied Section 8 | 90.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$370 | $1,800 | $1,430 |
| 2 Bedroom | -$380 | $2,200 | $1,820 |
| 3 Bedroom | -$290 | $2,600 | $2,310 |
| 4 Bedroom | -$600 | $3,300 | $2,700 |
Affordability — Dover, NH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $528,000 |
| Median Household Income | $92,800 |