Dover Plains, NY—12522
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dover Plains, NY
Dover Plains, NY lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $410,000 | 3.0% |
| Single Family | $411,000 | 3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $324,000 | 4.5% |
3 Bed | $413,000 | 3.8% |
4 Bed | $530,000 | 5.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Dover Plains, NY
As of July '25, Rentcast reports the average rent in Dover Plains, NY is $1,690, with a year-over-year rent change of 77.9%. Per bedroom, the median rent as of July '25 in Dover Plains, NY is 1-bedrooms: $1,290, 2-bedrooms: $1,800, 3-bedrooms: $3,200. The most common rental property sizes in Dover Plains, NY are 1-bedroom and 2-bedroom, accounting for 35.3% and 31.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,690 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,290 |
| 2 Bed Rent | $1,800 | $1,800 |
| 3 Bed Rent | $3,200 | $3,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Dover Plains, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Dover Plains, NY is 81. This is a decrease of -24.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $540,000 | 70.0% |
Listing Count | 13 | -4.0% |
| Listings as % of Homes | 0.6% | -4.0% |
Days on Market | 81 | -24.0% |
Demographics — Dover Plains, NY
As of the latest ACS Survey released in 2023, Dover Plains, NY has a population of 5,070, which has increased by 5.0% over the past 5 years. Dover Plains, NY is a moderately popular place for families, as children make up 17.8% of the population. The area has a moderately educated workforce, with 25.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,070 | 5.0% |
% Under 18 | 17.8% | -0.6% |
% Seniors | 15.5% | -29.2% |
% WFH | 2.8% | -34.9% |
% w/ College Degree | 25.7% | 56.7% |
As of the latest ACS Survey released in 2023, Dover Plains, NY is a predominantly white area, with 75.6% of the population identifying as white. The white population has shrunk by 10.3% in the last 5 years. The second most common race or ethnicity in Dover Plains, NY is hispanic, making up 14.1% of the population. Foreign-born residents account for 12.3% of the population in Dover Plains, NY, and this percentage has increased by 43.0% 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 | 75.6% | -10.3% |
% Black | 1.0% | 25.0% |
% Hispanic | 14.1% | 1.4% |
% Asian | 2.4% | 84.6% |
% Foreign Born | 12.3% | 43.0% |
Mortgage and Risk — Dover Plains, NY
According to HUD data as of 2023, there were 50 mortgage originations in Dover Plains, NY, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Dover Plains, NY. Investor activity is low, as 6.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 50 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 6.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Dover Plains, NY
Dover Plains, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 15 |
Total Units Section 8 | 15 |
% Rentals under Section 8 | 3.3% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $1,100 | $1,280 |
| 2 Bedroom | -$150 | $1,800 | $1,650 |
| 3 Bedroom | -$1,110 | $3,200 | $2,090 |
| 4 Bedroom | N/A | N/A | $2,310 |
Affordability — Dover Plains, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $410,000 |
| Median Household Income | $82,600 |