The typical owner-occupied home in Dover is worth about $436,700, 8% above the New Hampshire median of $402,500 and 31% above the national median of $332,700. Owners pay a median $8,249 a year in property taxes, about 1.89% of their home's value, higher than the New Hampshire rate of 1.66%. The median household earns $94,829 a year, so the median home costs 4.6 times the median income (4.1 times for New Hampshire). 53% of occupied homes here are lived in by their owners, and 65% of those owners still have a mortgage.
Dover at a glance
| Dover | New Hampshire | U.S. | |
|---|---|---|---|
| Median home value | $436,700 | $402,500 | $332,700 |
| Median property tax paid per year | $8,249 | $6,667 | $3,119 |
| Property tax as a share of value | 1.89% | 1.66% | 0.94% |
| Median household income | $94,829 | $99,031 | $80,734 |
| Homes lived in by their owners | 53% | 73% | 65% |
| Owner homes with a mortgage | 65% | 62% | 61% |
| Median monthly costs, owners with a mortgage | $2,541 | $2,367 | $1,963 |
| Those costs as a share of the owners' income | 23.0% | 21.9% | 21.0% |
| Median rent | $1,607 | $1,491 | $1,413 |
| Rent as a share of renters' income | 29.5% | 29.4% | 30.6% |
| Median year homes were built | 1976 | 1979 | 1980 |
| Vacant homes | 2.5% | 14.3% | 10.1% |
| Population | 33,364 | 1,394,868 | 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 $436,700 with 20% down costs about $3,220 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,947, 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 $137,997 for the 20%-down payment. That payment is 41% of the median Dover household income of $94,829; at that income and 20% down, the 28% guideline points to a home of about $300,000.
The median rent here is $1,607 a month, so owning the median home costs about $1,613 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $87,340 |
|---|---|
| Loan amount | $349,360 |
| Principal and interest | $2,350 |
| Property taxes (1.89% a year) | $688 |
| Homeowners insurance (our estimate, 0.5% a year) | $182 |
| PMI | $0 |
| Total per month | $3,220 |
Change the numbers in the calculator
| Down payment | $15,284 |
|---|---|
| Loan amount | $428,790 |
| Principal and interest | $2,884 |
| Property taxes (1.89% a year) | $688 |
| Homeowners insurance (our estimate, 0.5% a year) | $182 |
| FHA mortgage insurance | $193 |
| Total per month | $3,947 |
Change the numbers in the calculator
Questions about home buying in Dover
What is the median home value in Dover?
About $436,700 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 $8,249 a year, which is about 1.89% 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 $3,220 a month. Keeping that under 28% of gross income takes about $137,997 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