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Featured local agent — Cloverdale, IN
Sarah Mitchell
Compass Real Estate · Cloverdale, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Cloverdale, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$226,000median sale price
How is the Cloverdale, IN housing market right now?
The median home sale price in Cloverdale, IN is $226,000, up 9.6% year-over-year. Homes sell in an average of 56 days with 10 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Cloverdale a buyer's or seller's market?
Cloverdale, IN is currently a leaning buyer's, based on 5.0 months of supply and homes selling in about 56 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
56
Average pace
Active listings
10
5.0 months supply
Sale-to-list
98.9%
Below asking
What does the Cloverdale housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $226,000 |
| Median list price | $309,900 |
| Year-over-year price change | +9.6% |
| Average days on market | 56 days |
| Active inventory | 10 listings |
| Months of supply | 5.0 months |
| Sale-to-list price ratio | 98.9% |
| Median price per sq ft | $112/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 3 |
| Listings with a price cut | 50.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Cloverdale by property type?
How the Cloverdale, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $226,000 | $112/sq ft | 2 | 56 days |
Source: Redfin · Updated monthly
The Cloverdale housing market is currently classified as a leaning buyer's with a median sale price of $226,000. Prices have risen 9.6% compared to last year, with homes spending an average of 56 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.7x provides context for how home values compare to local earning capacity.
Homes for sale in Cloverdale
There are currently 10 homes listed for sale in Cloverdale, Indiana. The median listing price is $310K.
Active listings
10
Homes on market
Median list price
$310K
Avg. days on market
56
Days until sale
New this week
3
Newly listed
Who lives in Cloverdale?
Population
2,219
Median income
$47,016/yr
Median age
51.2 years
Owner-occupied
62.8%
College grads
16.5%
Avg commute
24 min
Source: U.S. Census Bureau ACS
What are homes worth in Cloverdale?
Zillow home value
$267,753
Price-to-income
5.7x
Source: Zillow Research
What is it like to live in Cloverdale?
Cloverdale is a community of approximately 2K residents with a median age of 51.2 years.The median household income is $47,016, which represents a working-class community with solid middle-income opportunities. 16.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 62.8%, showing a blend of owner and renter-occupied properties. The average commute time is 24 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Cloverdale offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Cloverdale?
4 schools tracked · 2,503 students
The largest public schools serving Cloverdale, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Cloverdale Distance Learning Academy
Grades K-8 · 1,456 students
Cloverdale Elementary School
Grades PK-4 · 466 students
Cloverdale Middle School
Grades 5-8 · 298 students
Cloverdale High School
Grades 9-12 · 283 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Cloverdale, IN?
Want a head-to-head view? Compare Cloverdale side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Cloverdale?
The median home sale price in Cloverdale is $226,000, up 9.6% from last year.
How long do homes stay on market in Cloverdale?
Homes typically spend 56 days on market before going under contract.
What is the median income in Cloverdale?
The median household income is $47,016 per year.
Is Cloverdale a buyer's or seller's market?
With 5.0 months of supply, Cloverdale is currently a leaning buyer's.
What is the Zillow home value estimate for Cloverdale?
The Zillow Home Value Index (ZHVI) for Cloverdale is $267,753, representing the typical home value in the area.
How much does a single-family home cost in Cloverdale?
The median single-family home price in Cloverdale, IN is $226,000 (about $112 per square foot).
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