Total monthly cost of ownership
Cost to Own a Home in Dover, Arkansas
A $107,000 home here costs
$992per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $550. The real number is $442 higher every month — 80% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Dover against Pope County and Arkansas
| Measure | Dover | Pope County |
|---|---|---|
| Median home value | $106,700 | $161,700 |
| Median property tax | $908 | $918 |
| Effective tax rate | 0.851% | 0.568% |
| Median gross rent | $801 | $855 |
| Population | 1,932 | 63,830 |
The weather behind that power bill
Dover sits in Pope County, which averages a high of 92.5°F in its hottest month and a low of 29.7°F in its coldest, with 46.41" of precipitation a year and 30% of it in a single three-month stretch. That climate drives 1,988 cooling and 3,279 heating degree days, which is what sets the $129 electricity line above.
See the full climate breakdown for Pope County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Pope County
Common questions
How much does it cost to own a home in Dover?
A $107,000 home in Dover, Arkansas costs approximately $992 per month with 20% down at 6.66%. That is $550 principal and interest, $76 property tax, $80 homeowners insurance, $197 utilities and $89 set aside for maintenance.
What is the property tax rate in Dover?
Dover has an effective property tax rate of 0.851%, based on a median home value of $106,700 and median real estate taxes of $908. That is higher than the Pope County average of 0.568%.
What is the average home price in Dover?
The median owner-occupied home value in Dover, Arkansas is $106,700, against $161,700 across Pope County.
Is it cheaper to rent or buy in Dover?
Median gross rent in Dover is $801 a month, against $992 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Dover — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Arkansas.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.