Metropolitan market · Delaware · September 2026 data

What is the Dover, DE real estate market doing?

As of September 2026, the median home listed in Dover, DE asks $424,700, up 6.2% year over year. Homes spend a median of 60 days on market, with 551 active listings and 23% carrying a price cut; pending contracts equal 49% of active listings, and inventory sits at 77% of the same month in 2019 — a balanced market. Estimated gross rental yield on the median listing is 4.2%. Figures come from public records and industry data, updated monthly.

Median listing price
$424,700
▲ 6.2% YoY
Median $ / sq ft
$200
2,036 sq ft median
Median days on market
60
September 2026
Active listings
551
For sale now
New listings
210
September 2026
Listings with price cuts
23%
Share of active
Inventory vs 2019
77%
Same month, 2019 = 100
Pending / active
49%
Contract activity
Median sale price (closed)
$359,950
▲ 3.9% YoY · closed sales · July 2026
Sale-to-list ratio
98.5%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
216
Closed sales · July 2026, seasonally adjusted

What is the Dover, DE housing market doing right now?

The Dover, DE housing market lists at a $424,700 median as of September 2026, up 6.2% year over year, with a 60-day median market time and 551 homes for sale (23% with a price cut). Active inventory is 77% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule. Gross rental yield is about 4.2%.

Dover housing market statistics

The table summarizes Dover's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Dover.

Dover, DE housing market at a glance — September 2026
MetricLatestDetail
Median listing price$424,700+6.2% YoY
Median price per sq ft$2002,036 sq ft median
Median days on market60+7% YoY
Active listings551+2% YoY
New listings this month210September 2026
Listings with a price cut23%Share of active
Median sale price (closed)$359,950+3.9% YoY · closed sales, July 2026
Sale-to-list ratio98.5%Closed sales, July 2026, seasonally adjusted
Pending-to-active ratio49.4%272 pending
Inventory vs 201977%Active listings vs same month in 2019
Gross rental yield4.2%2BR fair market rent

How have home prices changed in Dover?

Dover home prices are up 6.2% year over year and -0.1% month over month as of September 2026, at a $424,700 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$437K$428K$419K$409K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Dover DE · trailing 8 quarters · source: public records and industry data.

The 10-year view
$430K$383K$337K$290K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Dover DE · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Dover?

Dover has 551 active listings, 210 new this month, 272 pending as of September 2026. About 23% of active listings have cut their price, and inventory sits at 77% of its 2019 level — a balanced market by pace.

Active listings
551
New this month
210
Pending
272
Price-reduced
124

Is Dover a good real estate investment?

Dover scores 57/100 on WealthyBud's composite Investor Score, ranking #303 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
57/100
#303 of 933 covered metros
12-month outlook
+1.3%
Flat · model output, not advice
Price volatility
Medium
σ 6.3% · 20-yr price-index swings
Momentum
56
Value
44
Rental yield
56
Supply risk
34
Market heat
65

Dover scores 57/100 on our composite Investor Score (#303 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 52% over five years and +89% over ten, leaving prices 49% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,470/mo for a two-bedroom, the gross rental yield on the median listing is about 4.2%; active inventory sits at 77% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 6.2% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Dover ranks on the trending markets index.

How much is a monthly mortgage payment in Dover?

A home at Dover's $424,700 median listing runs about $2,325 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$2,099/mo
−$226/mo vs today
At today's rate · 7.28%
$2,325/mo
National weekly average
If rates rise 1% · 8.28%
$2,560/mo
+$235/mo vs today

Principal & interest on the $424,700 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Dover?

To buy Dover’s $424,700 median listing with 20% down, a household needs about $107,000 a year in gross income, keeping principal, interest and property tax ($2,487/mo) at 28% of income. That is 1.5× the area’s $72,872 median household income, so a typical Dover household cannot afford the median listing on these terms.

Income needed to buy the median home in Dover, DE — September 2026
ItemAmountBasis
Median listing price$424,700September 2026
Down payment (20%)$84,940Assumption
Principal & interest (7.28%, 30-yr fixed)$2,325/moRate as of 2026-10-01
Property tax (0.46% effective rate)$163/moCensus ACS
Income needed (28% rule)$107,000Gross household income / yr
Median household income$72,872Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Dover housing market?

Longer-run demand in Dover shows up in 1,262 homes permitted in 2025; net migration of +1,561 residents; +0.8% job growth. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
1,262
▲ 5.1% vs 2024
6.8 per 1,000 residents
Net migration (2022–2023)
+1,561
▲ people, via tax-return records
net income flow +$49.0M/yr
Job growth (YoY)
+0.8%
▲ 72.6k nonfarm jobs · August 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Dover housing market FAQ

What is the median home price in Dover?
As of September 2026, the median listing price in Dover, DE is $424,700, up 6.2% year over year (source: public records and industry data). Figures cover the Dover, DE metro area.
How much does it cost to buy a home in Dover?
The median home listed in Dover asks $424,700 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $2,325 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Dover?
The median property in Dover spends 60 days on the market, with 551 homes actively listed and 23% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Dover?
With a median 60 days on market and 23% of active listings carrying a price cut, pending contracts at 49% of active listings, Dover reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Dover a good place to invest in real estate?
Dover scores 57/100 on WealthyBud's Investor Score, ranking #303 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Dover?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Dover and the wider Delaware market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Dover, DE metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

Comparable U.S. housing markets

Marcus Bell Real Estate Market Analyst

Marcus Bell leads market and career research at WealthyBud, turning public housing and labor data into plain-English answers for investors and agents. He focuses on U.S. metro housing markets, agent economics and licensing.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.