Is Dover, DE 19906 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Dover is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.6Under 4 months = seller’s market
Sold above original list42.8%Share of sales, last 3 months
Median sale-to-list100.1%Sold price ÷ list price
Median days on market33Listing to accepted offer
Median price per sq ft$217▲ +55.0% vs. last year

The Dover housing market right now

In the three months ending August 31, 2026, 43% of homes in Dover, DE 19906 sold above their list price, the typical home went under contract in 33 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold faster (50 days then) and the median sale price rose 36% to $319,862. Overall, Dover is more competitive than a year ago, so tougher for buyers.

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Questions about Dover real estate

Is Dover a buyer’s or seller’s market?

A balanced market: there were 4.6 months of supply in Dover, DE 19906 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Dover?

The typical home went under contract in 33 days in the latest three months.

Do homes in Dover sell over asking?

43% of homes sold above their original list price, and the typical sale closed at 100.1% of the list price.

What is the median home price in Dover?

The median sale price was $319,862 in the three months ending August 31, 2026, about $217 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology