Dover, AR—72837
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dover, AR
As of Oct '25, the median home price in Dover, AR is $210,000, with a year-over-year change of 3.7%. This indicates that home prices in Dover, AR are increasing. According to Zillow, the 1-year price projection is -0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $210,000 | 3.7% |
| Single Family | $210,000 | 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 | N/A | N/A |
3 Bed | $218,000 | 3.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Dover, AR
As of July '25, Rentcast reports the average rent in Dover, AR is $1,100, with a year-over-year rent change of 46.7%. Per bedroom, the median rent as of July '25 in Dover, AR is 2-bedrooms: $895, 3-bedrooms: $1,170. The most common rental property sizes in Dover, AR are 2-bedroom and 3-bedroom, accounting for 52.2% and 28.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $925 | $1,100 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $895 | $895 |
| 3 Bed Rent | $1,200 | $1,170 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Dover, AR
As of Oct '25, Realtor.com reports that the median days on market for a home in Dover, AR is 78. This is a increase of 18.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $257,000 | -11.0% |
Listing Count | 26 | -24.0% |
| Listings as % of Homes | 0.6% | -24.0% |
Days on Market | 78 | 18.0% |
Demographics — Dover, AR
As of the latest ACS Survey released in 2023, Dover, AR has a population of 8,500, which has increased by 14.1% over the past 5 years. Dover, AR is a popular place for families, as children make up 25.3% of the population. The area has a poorly educated workforce, with 15.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,500 | 14.1% |
% Under 18 | 25.3% | 11.5% |
% Seniors | 20.1% | 9.8% |
% WFH | 5.6% | 30.2% |
% w/ College Degree | 15.6% | 9.9% |
As of the latest ACS Survey released in 2023, Dover, AR is a predominantly white area, with 90.3% of the population identifying as white. The white population has shrunk by 5.4% in the last 5 years. The second most common race or ethnicity in Dover, AR is hispanic, making up 4.0% of the population. Foreign-born residents account for 0.8% of the population in Dover, AR, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.3% | -5.4% |
% Black | 1.0% | 25.0% |
% Hispanic | 4.0% | 166.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.8% | 0.0% |
Mortgage and Risk — Dover, AR
According to HUD data as of 2023, there were 113 mortgage originations in Dover, AR, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Dover, AR. Investor activity is low, as 6.0% 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 | 113 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Dover, AR
Dover, AR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 59 |
Total Units Section 8 | 34 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 82.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $700 |
| 2 Bedroom | $25 | $895 | $920 |
| 3 Bedroom | $70 | $1,200 | $1,270 |
| 4 Bedroom | N/A | N/A | $1,270 |
Affordability — Dover, AR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $210,000 |
| Median Household Income | $47,200 |