Dover, OH—44622
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dover, OH
As of Oct '25, the median home price in Dover, OH is $223,000, with a year-over-year change of 8.2%. This indicates that home prices in Dover, OH are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $223,000 | 8.2% |
| Single Family | $223,000 | 8.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $176,000 | 10.0% |
3 Bed | $231,000 | 9.0% |
4 Bed | $306,000 | 7.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Dover, OH
As of July '25, Rentcast reports the average rent in Dover, OH is $1,740, with a year-over-year rent change of 40.3%. Per bedroom, the median rent as of July '25 in Dover, OH is 2-bedrooms: $1,070, 3-bedrooms: $2,000, 4-bedrooms: $3,000. The most common rental property sizes in Dover, OH are 2-bedroom and 1-bedroom, accounting for 41.1% and 24.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,740 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $975 | $1,070 |
| 3 Bed Rent | $2,000 | $2,000 |
| 4 Bed Rent | $3,000 | $3,000 |
% of Rental Stock
Property Listings — Dover, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Dover, OH is 24. This is a decrease of -35.0% 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 37.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $286,000 | 12.0% |
Listing Count | 38 | -15.0% |
| Listings as % of Homes | 0.4% | -15.0% |
Days on Market | 24 | -35.0% |
Demographics — Dover, OH
As of the latest ACS Survey released in 2023, Dover, OH has a population of 18,800, which has increased by 4.9% over the past 5 years. Dover, OH is a moderately popular place for families, as children make up 22.5% of the population. The area has a moderately educated workforce, with 29.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,800 | 4.9% |
% Under 18 | 22.5% | 5.6% |
% Seniors | 23.7% | 3.9% |
% WFH | 6.4% | 77.8% |
% w/ College Degree | 29.3% | 25.2% |
As of the latest ACS Survey released in 2023, Dover, OH is a predominantly white area, with 92.8% of the population identifying as white. The white population has shrunk by 0.3% in the last 5 years. The second most common race or ethnicity in Dover, OH is hispanic, making up 5.4% of the population. Foreign-born residents account for 4.4% of the population in Dover, OH, and this percentage has increased by 63.0% 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 | 92.8% | -0.3% |
% Black | 0.8% | 14.3% |
% Hispanic | 5.4% | 50.0% |
% Asian | 0.1% | -85.7% |
% Foreign Born | 4.4% | 63.0% |
Mortgage and Risk — Dover, OH
According to HUD data as of 2023, there were 215 mortgage originations in Dover, OH, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Dover, OH. Investor activity is low, as 1.0% 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 | 215 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Dover, OH
Dover, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 160 |
Total Units Section 8 | 160 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 93.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | $75 | $975 | $1,050 |
| 3 Bedroom | -$650 | $2,000 | $1,350 |
| 4 Bedroom | -$1,470 | $3,000 | $1,530 |
Affordability — Dover, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $223,000 |
| Median Household Income | $70,200 |