The typical owner-occupied home in Dover is worth about $719,100, 72% above the Idaho median of $418,600 and 2.2 times the national median of $332,700. Owners pay a median $2,992 a year in property taxes, about 0.42% of their home's value, lower than the Idaho rate of 0.49%. The median household earns $99,821 a year, so the median home costs 7.2 times the median income (5.4 times for Idaho). 93% of occupied homes here are lived in by their owners, and 47% of those owners still have a mortgage.
Dover at a glance
| Dover | Idaho | U.S. | |
|---|---|---|---|
| Median home value | $719,100 | $418,600 | $332,700 |
| Median property tax paid per year | $2,992 | $2,038 | $3,119 |
| Property tax as a share of value | 0.42% | 0.49% | 0.94% |
| Median household income | $99,821 | $77,800 | $80,734 |
| Homes lived in by their owners | 93% | 72% | 65% |
| Owner homes with a mortgage | 47% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $2,333 | $1,687 | $1,963 |
| Those costs as a share of the owners' income | 24.1% | 20.7% | 21.0% |
| Median rent | $1,333 | $1,238 | $1,413 |
| Rent as a share of renters' income | 19.0% | 28.7% | 30.6% |
| Median year homes were built | 2004 | 1991 | 1980 |
| Vacant homes | 31.4% | 10.3% | 10.1% |
| Population | 792 | 1,934,262 | 334,922,499 |
What a typical home costs per month in Dover
At this week's average 30-year rate of 7.11%, buying the median Dover home of $719,100 with 20% down costs about $4,421 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $5,619, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $189,483 for the 20%-down payment. That payment is 53% of the median Dover household income of $99,821; at that income and 20% down, the 28% guideline points to a home of about $379,000.
The median rent here is $1,333 a month, so owning the median home costs about $3,088 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $143,820 |
|---|---|
| Loan amount | $575,280 |
| Principal and interest | $3,870 |
| Property taxes (0.42% a year) | $252 |
| Homeowners insurance (our estimate, 0.5% a year) | $300 |
| PMI | $0 |
| Total per month | $4,421 |
Change the numbers in the calculator
| Down payment | $25,168 |
|---|---|
| Loan amount | $706,075 |
| Principal and interest | $4,750 |
| Property taxes (0.42% a year) | $252 |
| Homeowners insurance (our estimate, 0.5% a year) | $300 |
| FHA mortgage insurance | $318 |
| Total per month | $5,619 |
Change the numbers in the calculator
Questions about home buying in Dover
What is the median home value in Dover?
About $719,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Dover?
Homeowners pay a median $2,992 a year, which is about 0.42% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Dover?
For the median home with 20% down at 7.11%, the payment is about $4,421 a month. Keeping that under 28% of gross income takes about $189,483 a year.
More about Dover
- Mortgage Refinance in Dover
- Debt Relief in Dover
- Home Equity Loans in Dover
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data