Average Home Sizes and Asking Prices
Updated On: May 6, 2016
|Sold Price History in 19901|
Homes for Sale in Dover
Dover Real Estate & Homes for Sale in Delaware
The capital city of Dover is located in Central Delaware in Kent County. Dover is approximately 90 miles south of Philadelphia, PA, and 90 miles east of Washington, DC. In contrast to most major cities in the Northeast United States, Dover is continuing to grow economically, in population, and in land area.
About 37,000 residents call Dover home for the variety of historical and cultural attractions, beautiful farmland and coastal scenery, along with a curious mix of old traditions and modern high-tech culture. Dover offers an ideal location along with a quality of life second to none. Conveniently located halfway between Washington and New York, Dover is within a few hours of one-third of our nation's population, yet without the hassles and problems of large cities.
Dover Air Force Base is two miles south of the city of Dover and is home to the "Eagle Wing" and "Liberty Wing." It is estimated to provide about $500 million in revenue to the City of Dover, making it the third largest industry in the state. Notable locations nearby include Dover Downs Horse Racing and Casino and The Monster Mile at Dover International Speedway, home to two NASCAR races each year.
Living in Dover, you will experience a vibrant downtown, a very attractive historical district and well-established neighborhoods as well as brand new subdivisions.
| Dover, DE Area Information |
Price Range of Dover, DE Real Estate
The real estate market in Dover consists of a wide-variety of housing options, mostly in single-family detached homes in a variety of styles and price ranges. Many of the homes in town sit on wonderful wooded lots. Single-family detached homes start in the mid-$100,000s and go up to the mid-$400,000s, but can go beyond for spacious homes sitting on significant acreage. There are a limited number of condominiums and townhomes available in Dover, though most families choose to live in their own home with a nice large backyard. Condominiums typically range between $100,000 and the mid-$200,000s. There is also plenty of land available for custom building.
Dover Real Estate Stats and Trends for the week of May 2nd, 2016: homes priced around $194,677 compared to $196,348 the previous week, for a slight decrease of less than -1%. For Thursday, May 5th, the current national mortgage rate for a 30 year fixed mortgage is 3.63%; the 15 year fixed rate is at 2.76%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.05%, while the 15 year jumbo rate currently is at 3.69%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Dover DE. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Dover to help you find the best home!