Dover, PA—17315
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dover, PA
As of Oct '25, the median home price in Dover, PA is $285,000, with a year-over-year change of 5.7%. This indicates that home prices in Dover, PA are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $285,000 | 5.7% |
| Single Family | $290,000 | 5.8% |
| Condos | $225,000 | 5.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $227,000 | 6.6% |
3 Bed | $277,000 | 6.1% |
4 Bed | $364,000 | 4.6% |
| 5 Bed | $424,000 | 4.4% |
% of Housing Stock
Rental Trends — Dover, PA
As of July '25, Rentcast reports the average rent in Dover, PA is $1,610, with a year-over-year rent change of -4.7%. Per bedroom, the median rent as of July '25 in Dover, PA is 1-bedrooms: $1,070, 2-bedrooms: $1,350, 3-bedrooms: $1,820, 4-bedrooms: $2,560. The most common rental property sizes in Dover, PA are 2-bedroom and 1-bedroom, accounting for 44.0% and 21.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,680 | $1,610 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $995 | $1,070 |
| 2 Bed Rent | $1,200 | $1,350 |
| 3 Bed Rent | $1,900 | $1,820 |
| 4 Bed Rent | $2,500 | $2,560 |
% of Rental Stock
Property Listings — Dover, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Dover, PA is 49. This is a decrease of -9.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $316,000 | 5.0% |
Listing Count | 109 | 23.0% |
| Listings as % of Homes | 0.7% | 23.0% |
Days on Market | 49 | -9.0% |
Demographics — Dover, PA
As of the latest ACS Survey released in 2023, Dover, PA has a population of 26,400, which has increased by 1.7% over the past 5 years. Dover, PA is a moderately popular place for families, as children make up 20.6% of the population. The area has a poorly educated workforce, with 20.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,400 | 1.7% |
% Under 18 | 20.6% | 3.5% |
% Seniors | 23.0% | 36.1% |
% WFH | 10.6% | 324.0% |
% w/ College Degree | 20.6% | 0.0% |
As of the latest ACS Survey released in 2023, Dover, PA is a predominantly white area, with 88.5% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Dover, PA is hispanic, making up 3.8% of the population. Foreign-born residents account for 3.4% of the population in Dover, PA, and this percentage has increased by 61.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 88.5% | -1.7% |
% Black | 3.0% | 7.1% |
% Hispanic | 3.8% | -13.6% |
% Asian | 1.2% | 71.4% |
% Foreign Born | 3.4% | 61.9% |
Mortgage and Risk — Dover, PA
According to HUD data as of 2023, there were 345 mortgage originations in Dover, PA, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Dover, PA. Investor activity is low, as 1.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 345 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Dover, PA
As of 2024, the percent of homes in Dover, PA under the Section 8 program is 2.5%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Dover, PA, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 28 |
Total Units Section 8 | 28 |
% Rentals under Section 8 | 2.5% |
% Occupied Section 8 | 78.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$5 | $995 | $990 |
| 2 Bedroom | $30 | $1,200 | $1,230 |
| 3 Bedroom | -$230 | $1,900 | $1,670 |
| 4 Bedroom | -$770 | $2,500 | $1,730 |
Affordability — Dover, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $285,000 |
| Median Household Income | $81,100 |