Mortgage payment estimates, closing cost breakdowns, and homebuying data for Dover, New Hampshire.
Median Home Price
$415K
Population
33K
Avg Monthly Rent
$1,650
Property Tax Rate
2.09% *
* Property tax shown is the New Hampshire state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Dover.
Dover vs New Hampshire Median
The median home price in Dover is $415,000, which is roughly in line with the New Hampshire state median of $430,000.
Mortgage Calculator — Dover, NH
Pre-filled with Dover median home price and New Hampshire tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $415K home using New Hampshire's 2.09% tax rate and $1,400/yr insurance.
5% Down
$3,561/mo
Down: $20,750
Loan: $394K
P&I: $2,492
Tax: $723
Insurance: $117
PMI: $230
10% Down
$3,418/mo
Down: $41,500
Loan: $374K
P&I: $2,361
Tax: $723
Insurance: $117
PMI: $218
20% Down (No PMI)
$2,938/mo
Down: $83,000
Loan: $332K
P&I: $2,098
Tax: $723
Insurance: $117
Income needed (28% rule): $126K/year with 20% down, $146K/year with 10% down.
Rent vs Buy in Dover
Rent
$1,650/mo
vs
Buy (10% down)
$3,418/mo
Price-to-rent ratio: 21.0 — At a ratio above 20, renting may be more economical in Dover for shorter stays. Buying costs $1,768 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Dover is $415,000, roughly in line with the New Hampshire state median of $430,000. With a population of 32,741, Dover is a smaller market where home prices tend to be more accessible than in many parts of New Hampshire.
Property taxes in New Hampshire average 2.09% annually. This higher-than-average tax rate means a $415,000 home in Dover would carry roughly $723/month in property taxes alone — plan accordingly. Homeowners insurance in New Hampshire runs approximately $1,400 per year. This is within the normal range nationally.
Average rent in Dover is $1,650/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Dover is a higher-cost market. At $415K median, buyers need significant savings or strong income. Down payment assistance through New Hampshire's NHHFA Home Flex Plus program becomes especially important.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Dover.