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 November 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

$639,000

$414/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$11,000(-1.7%)

Key Takeaway

Homes in Cloverdale have sold for 1.7% less than they did a year ago.

Summary: The median home sold price in Cloverdale was $639,000 in November 2024, down 1.7% from last year, and the median price per square foot was $414.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $260K$400K
+53.8%
2 $609K$630K
+3.4%
3 $639K$617K
-3.4%
4 $713K$789K
+10.7%
5+ $825K$900K
+9.1%

Summary: Cloverdale housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.8%, 2 bedroom homes increased by 3.4%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 9.1%.

Median Sold Price Compared To Nearby Cities

Cloverdale
-1.7%
Cloverdale-Geyserville
-2.3%

Housing Supply in Cloverdale, CA

How many homes are available in Cloverdale, CA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4243+2.4%

Summary: The Cloverdale real estate market had 43 homes for sale in November 2024, a 2.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 1213
+8.3%
3 1816
-11.1%
4 79
+28.6%
5+ 33
0.0%

Summary: The Cloverdale housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.3%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Cloverdale in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% 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 17 Days Ago

Newest Listings in Cloverdale, CA

Nearby Markets to Cloverdale, CA

What housing markets are near Cloverdale, CA?