Dover, WI Real Estate

Dover, Wisconsin is a quiet and rural area located near Waterford and Union Grove in Racine County. The beautiful landscape of wildflowers, green pastures and Eagle Lake during all seasons makes this area very appealing. Two-lane and rustic roads add to the country environment. Populated by 3,994 people, Dover looks to develop the town and improve Eagle Lake for its residents and visitors.

Find homes and lots for sale in Dover.

Real Estate
The Dover housing market provides an array of homes for sale. Houses on the market include gorgeous brick Ranches, two-story homes with spacious lots, updated Farm houses and lakefront homes with luxurious amenities. The average price of a home in the Dover area is $204,470.

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The areas around Dover provided many outdoor recreational opportunities. The town maintains bike trails for those who want to see the beautiful landscape first-hand. Eagle Lake is a great place for fishermen to try and get the catch of the day. The town is currently introducing new ways to improve the lake and the surrounding area. Open land makes it possible for snowmobilers to maintain trails throughout the area.

Apple Holler offers an apple orchard, restaurant and hosts many events that the whole family can enjoy. Apple Holler provides live musical plays, barnyard animals, hayrides and dinner theatre. The orchard/farm offers events year-round.

Dover is 30 minutes from General Mitchell International Airport and 60 minutes from O’hare Airport in Chicago for those who need to travel. The METRA Train Station to Chicago is about 10-15 minutes away from Dover.

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The first settler was Captain John Todd Trowbridge who was from the east coast. He and his wife, Mary, built a log house (now a landmark) on farmland that they claimed. Trowbridge became a frontier farmer using the land. In 1843-1844, Captain Trowbridge led the area as Justice of the Peace, Postmaster and a member of the Territorial House of Representatives.

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Dover properties for sale

Market Conditions

Market Conditions for Dover

August 2017

Median Sale Price
$140,000

 DOWN -48.55%
vs. Month Ago
Homes for Sale
17

 UP 13.33%
vs. Month Ago
Homes Sold
3

 DOWN -25.00%
vs. Month Ago
Avg Days on Market
52

 DOWN -38.09%
vs. Month Ago

Median Sale Price

The median sale price for homes in August was $140,000. The median sales price for homes in August fell by ($132,150) compared to last month. This represents a 48.55% decrease from July. Compared to the same month last year, the median price of homes fell by ($160,000) representing a -53.33% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale

The inventory of homes for sale rose by 2 in August to 17. This represents 13.33% increase from July when 15 homes were on the market. Compared to the same month last year when there were 34 homes for sale, the inventory of homes for sale has fallen by 17 representing a -50% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold

The inventory of homes for sale rose by 2 in August to 17. This represents 13.33% increase from July when 15 homes were on the market. Compared to the same month last year when there were 34 homes for sale, the inventory of homes for sale has fallen by 17 representing a -50% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Avg Days on Market

The average days on market for a home sold in August (52) decreased by 32 days compared to July. This represents a 38.09% decrease in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold decreased by 77, a -59.68% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

The Sale/List Price Ratio of 93.37% in August rose by 0.76% compared to July and decreased 0.95% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes

The number of homes listed in August (6) rose by 2 compared to July, a 50% change. Compared to August 2016, the number of new listings decreased by 3, a -33.33% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price Homes

The median list price in August was $334,450. The median list price for homes in August rose by $172,050 compared to last month. This represents a 105.94% increase from July. Compared to the same month last year, the median list price of homes increased $184,550 representing a 123.11% year-over-year increase.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.




Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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