Market Intelligence Report — OH-420

New Philadelphia-Dover, OH

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-OH-09
As of the latest 2026 data
Very Competitive

Median Listing

$261K
+4.3% YoY

Pending Ratio

0.92
+15.3% YoY

Active Inventory

134
+8.5% YoY

Median DOM

32 Days
-17.5% YoY

Primary Intelligence Tool — Sold Score™

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The New Philadelphia-Dover market is currently experiencing very competitive conditions, driven by a pending ratio of 0.92, indicating strong demand absorption relative to available supply. This robust demand is set against an active listings count of 134, which has seen an 8.5% increase over the past year, yet remains outpaced by buyer activity.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the New Philadelphia-Dover market right now.

Inventory levels for active listings have expanded by 8.5% over the past year, while new listings also grew by 10.6% in the same period. Despite this growth in supply, demand continues to intensify, as evidenced by a 15.3% year-over-year rise in the pending ratio. Median listing prices have observed a 4.3% increase over the past year, alongside a notable 17.5% reduction in median days on market, suggesting an accelerated transaction pace.

Historical Analysis

Market Trends

Median Price

$261K-0.7% MoM

Active Inventory

134+8.5% YoY

Days on Market

32-17.5% YoY

Sold Score™

78+15.3% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

78
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The elevated pending ratio underscores significant inventory pressure, contributing to a rapid market pace where properties are absorbing quickly. This environment suggests that properties are transacting efficiently, with less opportunity for extended negotiation on price discipline due to strong competition among buyers.

Luxury Segment

The average listing price has increased by 28.4% over the past year, significantly outstripping the 4.3% gain in the median listing price. This divergence, coupled with a modest 0.9% year-over-year increase in median $/sqft, suggests potential shifts in the composition of available inventory or pricing dynamics within higher price tiers.

Supply Dynamics

134 active listings represent the current floor, with new supply arriving at roughly 104 per month.

Pricing Pressure
21.6%

of active listings carry a price reduction, +4.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.9% year-over-year.

Absorption
0.92

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in New Philadelphia-Dover, OH? Homes here are taking 7 days less to sell than last year.

Demand in New Philadelphia-Dover, OH is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
92%
Median Days on Market
32 days
Inventory YoY
+9%

Demand is strong in New Philadelphia-Dover, OH. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
New Philadelphia-Dover, OH
CBSA Code
35420
State
OH