Commercial Real Estate Market in Dover, DE
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
177 active listings and 1,098 off-market properties in Dover, DE. Commercial property asks $83/SF to buy and $15.64/SF/Yr to lease.
Market Trends
Dover, DE spans 122.9 square miles in Kent County, Delaware. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Dover, DE runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Dover, DE runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Dover, DE runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Dover, DE runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 45.1%
- Commercial 16%
- Industrial 12.3%
- Civic 10.2%
- Open space 7.1%
- Agricultural 7%
- Planned_development 2%
- Mixed use 0.3%
Largest Zones share of zoned land by district
One Family Residence
Institutional Office
One Family Residence
Recreational And Open Space
Industrial Park Manufacturing
Dover, DE zones 13,636 acres across 33 districts. Commercial zoning covers 16% of zoned land, residential 45.1%, open space 7.1% and industrial 12.3%. The largest single district is One Family Residence at 18.7%. For commercial buyers the practical constraint is that only 28.3% of land carries a commercial or industrial designation.
One Family Residence (R-20)
R-20 (One Family Residence Zone) permitting certain agricultural uses; one family detached dwellings on 20,000 square foot lots; and public buildings, structures and uses. Permitted conditionally: Planned Senior Housing Developments; Planned Neighborhood Design Developments on twenty (20) or more acres with one family and multiple family dwellings and a gros…
Market overview
Demographics & Economy
Dover, DE has 73,827 residents in 31,515 households. Density runs 601 people per square mile. Median household income here is $65,389 and median gross rent $1,296 a month.
73,827
Population
31,515
Households
2.3
Avg Household Size
36
Median Age
27%
College-Educated
90%
High-School Grad
122.9 sq mi
ZIP Area
601
Density / Sq Mi
$65,389
Median Household Income
$36,248
Median Earnings
$1,296
Median Rent
$269,706
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Camden-Wy | — | — |
| Camden | — | — |
| Little Creek | — | — |
| Cheswold | — | — |
Commercial property in Dover, DE asks $83/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Dover?
Commercial property in Dover, DE asks an average of $83 per square foot. The 6 most recent recorded sales traded at a median of $246/SF.
How much does it cost to lease commercial space in Dover?
Asking lease rates in Dover, DE average $15.64 per square foot per year.
What zoning applies to commercial property in Dover?
Dover, DE zones 13,636 acres across 33 districts, of which 16% is commercial and 12.3% industrial. The largest single district is One Family Residence at 18.7% of zoned land. R-20 (One Family Residence Zone) permitting certain agricultural uses; one family detached dwellings on 20,000 square foot lots; and public buildings, structures and uses. Permitted conditionally: Planned Senior Housing Developments; Planned Neighborhood Design Developments on twenty (20) or more acres with one family and multiple family dwellings and a gros… Residential zoning covers 45.1% and open space 7.1%.
Where does Realmo's Dover market data come from?
Realmo compiles Dover, DE figures from 6 recent recorded sales, 99 active sale listings, 78 active lease listings, 1,098 tracked off-market properties, the current Dover zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 99 active for-sale and 78 active for-lease listings in Dover, DE. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 13,636 zoned acres across 33 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
