Dover, MN—55929
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dover, MN
As of Oct '25, the median home price in Dover, MN is $344,000, with a year-over-year change of 2.0%. This indicates that home prices in Dover, MN 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 | $344,000 | 2.0% |
| Single Family | $344,000 | 2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $312,000 | 2.6% |
4 Bed | $401,000 | 2.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Dover, MN
Dover, MN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Dover, MN
Dover, MN lacks sufficient listing trend data for analysis.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $260,000 | -9.0% |
Listing Count | 0 | -40.0% |
| Listings as % of Homes | 0.4% | -40.0% |
Days on Market | 84 | 63.0% |
Demographics — Dover, MN
As of the latest ACS Survey released in 2023, Dover, MN has a population of 1,350, which has increased by 4.1% over the past 5 years. Dover, MN is a popular place for families, as children make up 34.6% of the population. The area has a moderately educated workforce, with 28.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,350 | 4.1% |
% Under 18 | 34.6% | 18.9% |
% Seniors | 8.8% | -13.7% |
% WFH | 12.4% | 163.8% |
% w/ College Degree | 28.7% | 19.1% |
As of the latest ACS Survey released in 2023, Dover, MN is a predominantly white area, with 89.1% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in Dover, MN is hispanic, making up 7.6% of the population. Foreign-born residents account for 2.3% of the population in Dover, MN, and this percentage has increased by 9.5% 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 | 89.1% | -6.9% |
% Black | 0.4% | 0.0% |
% Hispanic | 7.6% | 123.5% |
% Asian | 0.6% | ∞% |
% Foreign Born | 2.3% | 9.5% |
Mortgage and Risk — Dover, MN
Dover, MN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Dover, MN
Dover, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | N/A | N/A | $840 |
| 2 Bedroom | N/A | N/A | $1,040 |
| 3 Bedroom | N/A | N/A | $1,460 |
| 4 Bedroom | N/A | N/A | $1,760 |
Affordability — Dover, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $344,000 |
| Median Household Income | $116,000 |