Dover, FL—33527
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dover, FL
As of Oct '25, the median home price in Dover, FL is $436,000, with a year-over-year change of -2.8%. This indicates that home prices in Dover, FL are decreasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $436,000 | -2.8% |
| Single Family | $436,000 | -2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $179,000 | -11.8% |
2 Bed | $262,000 | -6.8% |
3 Bed | $397,000 | -3.2% |
4 Bed | $520,000 | -1.9% |
| 5 Bed | $583,000 | -2.3% |
% of Housing Stock
Rental Trends — Dover, FL
As of July '25, Rentcast reports the average rent in Dover, FL is $2,260, with a year-over-year rent change of -11.7%. Per bedroom, the median rent as of July '25 in Dover, FL is 1-bedrooms: $1,800, 2-bedrooms: $2,300, 3-bedrooms: $2,030, 4-bedrooms: $2,430. The most common rental property sizes in Dover, FL are 2-bedroom and 3-bedroom, accounting for 39.4% and 27.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,260 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,800 | $1,800 |
| 2 Bed Rent | $2,300 | $2,300 |
| 3 Bed Rent | $2,100 | $2,030 |
| 4 Bed Rent | $2,070 | $2,430 |
% of Rental Stock
Property Listings — Dover, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Dover, FL is 78. This is a decrease of -4.0% 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 35.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $542,000 | -9.0% |
Listing Count | 46 | 1.0% |
| Listings as % of Homes | 0.6% | 1.0% |
Days on Market | 78 | -4.0% |
Demographics — Dover, FL
As of the latest ACS Survey released in 2023, Dover, FL has a population of 16,400, which has increased by 10.5% over the past 5 years. Dover, FL is a moderately popular place for families, as children make up 22.4% of the population. The area has a poorly educated workforce, with 19.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,400 | 10.5% |
% Under 18 | 22.4% | -10.4% |
% Seniors | 13.6% | 5.4% |
% WFH | 20.1% | 82.7% |
% w/ College Degree | 19.8% | 26.9% |
As of the latest ACS Survey released in 2023, Dover, FL is a predominantly white area, with 54.6% of the population identifying as white. The white population has shrunk by 14.7% in the last 5 years. The second most common race or ethnicity in Dover, FL is hispanic, making up 33.9% of the population. Foreign-born residents account for 17.5% of the population in Dover, FL, and this percentage has decreased by 11.2% 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 | 54.6% | -14.7% |
% Black | 7.3% | 102.8% |
% Hispanic | 33.9% | 14.9% |
% Asian | 2.1% | 50.0% |
% Foreign Born | 17.5% | -11.2% |
Mortgage and Risk — Dover, FL
According to HUD data as of 2023, there were 175 mortgage originations in Dover, FL, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Dover, FL. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 175 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Dover, FL
As of 2024, the percent of homes in Dover, FL under the Section 8 program is 0.1%. 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, FL, 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 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$670 | $1,800 | $1,130 |
| 2 Bedroom | -$980 | $2,300 | $1,320 |
| 3 Bedroom | -$410 | $2,100 | $1,690 |
| 4 Bedroom | -$10 | $2,070 | $2,060 |
Affordability — Dover, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $436,000 |
| Median Household Income | $77,700 |