April 2024

Cloverdale Housing Market Report Savannah, Chatham County, Georgia

Report Updated 5 Days Ago

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

Housing Market Conditions

Neutral
Market

Seller's
Market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Cloverdale is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Cloverdale, GA

How much do homes in Cloverdale, GA cost?

Median Sold Price

$185,000

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$32,000(+20.9%)

Key Takeaway

Homes in Cloverdale have sold for 20.9% more than they did a year ago.

Summary: The median home sold price in Cloverdale was $185,000 in April 2024, up 20.9% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDS# BEDROOMS	Apr 2023	Apr 2024	CHANGE
1 Bedroom	-	-	N/A
2 Bedrooms	-	$166K	N/A
3 Bedrooms	$153K	$182K	+19.0%
4 Bedrooms	-	$352.2K	N/A
5+ Bedrooms	-	-	N/A

Summary: Cloverdale housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 19%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

NEIGHBORHOOD	Apr 2023	Apr 2024	CHANGE
Carver Heights	$109K	$167.5K	+53.7%
Cloverdale	$153K	$185K	+20.9%

Housing Supply in Cloverdale, GA

How many homes are available in Cloverdale, GA?

Number of Homes For Sale

Mar 2024	Apr 2024	CHANGE
5	6	+20.0%

Summary: The Cloverdale real estate market had 6 homes for sale in April 2024, a 20.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDS# BEDROOMS	Mar 2024	Apr 2024	CHANGE
1 Bedroom	0	0	0.0%
2 Bedrooms	1	0	-100.0%
3 Bedrooms	4	6	+50.0%
4 Bedrooms	0	0	0.0%
5+ Bedrooms	0	0	0.0%

Summary: The Cloverdale housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024	Apr 2024	CHANGE
2	1	-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Key Takeaway

If you're buying a home in Cloverdale, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Cloverdale in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Cloverdale, GA

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 5 Days Ago

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MLS Disclaimers and Copyright

Based on information from Savannah Multi-List Corporation, and Georgia MLS for the period 05/01/2022 - 05/01/2024

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of the Savannah Multi-List Corporation. Real estate listings held by brokerage firms other than this broker are marked with the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. All properties are subject to prior sale, change or withdrawal and some properties which appear for sale on this web site may subsequently have sold and may no longer be available.. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright 2024 Savannah Multi-List Corporation. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 10:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Based on information from the Georgia MLS © 2024.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 10:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.