Market Intelligence Report — OH-420

New Philadelphia-Dover, OH

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

Ref. No: 2026-OH-08
As of the latest 2026 data
Very Competitive

Median Listing

$262K
+9.4% YoY

Pending Ratio

0.94
-17.6% YoY

Active Inventory

125
+27.6% YoY

Median DOM

35 Days
+0.0% YoY

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The New Philadelphia-Dover market remains Very Competitive, driven by a pending ratio of 0.94, indicating demand continues to significantly outpace available inventory. This condition persists despite a notable increase in active listings over the past year.

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.

Active listings have expanded by 27.6% over the past year, reaching 125 units, while new listings have also seen a 14.3% increase. Concurrently, the median listing price has appreciated by 9.4% year-over-year. The pending ratio, though still high at 0.94, has experienced a 17.6% decline over the past year, suggesting a slight moderation in the intensity of demand relative to supply. Median days on market remain stable year-over-year at 35.

Historical Analysis

Market Trends

Median Price

$262K+2.9% MoM

Active Inventory

125+27.6% YoY

Days on Market

35+0.0% YoY

Sold Score™

73-17.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

73
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 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 high pending ratio suggests that properties are being absorbed quickly, placing significant pressure on remaining inventory. Buyers face an environment where swift decisions and competitive offers are necessary to secure properties. This dynamic allows for sustained price discipline on the part of sellers, despite increasing supply.

Luxury Segment

The average listing price increased by 19.3% over the past year, outpacing the 9.4% increase in the median listing price and indicating some strength at higher price points. However, the median $/sqft remained unchanged year-over-year, and no specific luxury tier softness is observed.

Supply Dynamics

125 active listings represent the current floor, with new supply arriving at roughly 96 per month.

Pricing Pressure
15.3%

of active listings carry a price reduction, -1.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.0% year-over-year.

Absorption
0.94

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in New Philadelphia-Dover, OH? Inventory is up 28% from 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
94%
Median Days on Market
35 days
Inventory YoY
+28%

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