Is Cloverdale, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cloverdale is a buyer's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Cloverdale was a Seller's Market.

Key Takeaway

Cloverdale is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Cloverdale, CA

How much do homes in Cloverdale, CA cost?

Median Sold Price

$650,000

$402/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$25,500(+4.1%)

Key Takeaway

Homes in Cloverdale have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in Cloverdale was $650,000 in February 2024, up 4.1% from last year, and the median price per square foot was $402.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $460K$260K
-43.5%
2 $565K$625K
+10.6%
3 $624K$639K
+2.4%
4 $750K$750K
0.0%
5+ $765K$825K
+7.8%

Summary: Cloverdale housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.5%, 2 bedroom homes increased by 10.6%, 3 bedroom homes increased by 2.4%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 7.8%.

Median Sold Price Compared To Nearby Cities

Cloverdale
+4.1%
Cloverdale-Geyserville
+3.1%

Housing Supply in Cloverdale, CA

How many homes are available in Cloverdale, CA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
2425+4.2%

Summary: The Cloverdale real estate market had 25 homes for sale in February 2024, a 4.2% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 22
0.0%
2 66
0.0%
3 1012
+20.0%
4 43
-25.0%
5+ 22
0.0%

Summary: The Cloverdale housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
82-75.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cloverdale, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Cloverdale in February 2024, down by 75.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Cloverdale, CA

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Cloverdale, CA

Nearby Markets to Cloverdale, CA

What housing markets are near Cloverdale, CA?