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Dover-Sherborn

Learn about the people, housing, costs and businesses in Dover-Sherborn, Massachusetts

Median Home$1,183,550
Median Rent$2,628/month
Population10,357
Leading IndustriesInformation & Media · Wholesale Trade · Finance & Insurance8% information & media
Home Value Growth⬆⬆⬆+22.9% over 2 years
Family-Friendly24% of residentsabove average nationally
Homeowners94% of occupied units
NotableHigh Incomes$250k/year · top 1% nationally
Dover-Sherborn
MA

Frequently Asked Questions

What are today's mortgage rates in Dover-Sherborn?

As of today, the 30-year fixed mortgage rate for Dover-Sherborn is approximately 6.773% (6.805% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Dover-Sherborn?

The median home value in Dover-Sherborn is $1.2M. The median monthly rent is $2,628. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dover-Sherborn?

Home values in Dover-Sherborn have increased 22.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Dover-Sherborn?

Based on a typical all-in ownership cost of $3,758/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $161k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dover-Sherborn is $250k/year.

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What industries drive the economy in Dover-Sherborn?

The largest employment sectors in Dover-Sherborn are public administration (23%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.