Dover, MI housing market
Home prices around Dover have risen about 71% over the past 5 years.
Home values, sales, trends and how Dover compares with the towns next door — updated as new data is published.
Home prices up 71% in 5 years
The federal house price index for the ZIP codes around Dover rose 71% over the past 5 years, faster than across Michigan (52%). Last year prices fell 0.6%.
Show as a table
| Year | Change that year | Since 2000 | Michigan since 2000 |
|---|---|---|---|
| 2025 | −0.6% | +121% | +97% |
| 2024 | +15% | +122% | +88% |
| 2023 | +7.8% | +93% | +76% |
| 2022 | +24% | +79% | +64% |
| 2021 | +12% | +45% | +45% |
| 2020 | +2.5% | +29% | +30% |
| 2019 | +4.7% | +26% | +26% |
| 2018 | +8.5% | +20% | +20% |
| 2017 | +7.7% | +11% | +12% |
| 2016 | +5.7% | +3.1% | +5.3% |
| 2015 | +1.2% | −2.5% | 0% |
| 2014 | +4.7% | −3.7% | −4.7% |
| 2013 | +0.2% | −8% | −12% |
| 2012 | −2.3% | −8.1% | −16% |
| 2011 | −2.8% | −6% | −16% |
| 2010 | −7.7% | −3.2% | −12% |
| 2009 | −6.5% | +4.9% | −5% |
| 2008 | −3.5% | +12% | +3.5% |
| 2007 | +2% | +16% | +11% |
| 2006 | −1% | +14% | +16% |
| 2005 | +3.4% | +15% | +18% |
| 2004 | +2.3% | +11% | +14% |
| 2003 | +0.9% | +8.6% | +10% |
| 2002 | +2.1% | +7.7% | +8.3% |
| 2001 | +5.5% | +5.5% | +5% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 49735, 49795, covering 89% of Dover’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
Dover and its neighbors
| Town | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|
| Dover | −0.6%† | $1,100 | $103,750 |
| Livingston | −0.6%† | $1,090 | $76,625 |
| Charlton | +8.7%† | $1,060 | $66,813 |
| Chester | +5.2%† | $1,070 | $73,707 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,100
HUD's Fair Market Rent for a two-bedroom in Dover is $1,100 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Dover pay a median of $967, so moving in tends to cost more than staying put.
Studio $840 · 4 bedrooms $1,560
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (49735, 49795; Otsego County, MI), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.