October's First-Time Homebuyer Report for Cloverdale

The population of Cloverdale is growing faster than the rest of California, at a 10-year growth rate of 22.9%. It's a larger than average city compared to the rest of the state, with 8,618 residents. With a median age of 30 years, homes in Cloverdale tend to be relatively old. Heading the list of top schools in the city is Cloverdale High School.

Culture

According to Foursquare, if shopping is your thing, you might enjoy Ray's Market, CVS/pharmacy, and Farmers market/ friday night live. If you like the arts and entertainment, a popular spot is The Clover Theater. And finally, recommended places to eat are Railroad Station Bar & Grill, McDonald's, and Pick's Drive-In.

Price Range

Homes in Cloverdale are worth a median of $240,100, similar to other parts of California. Additionally, the list prices of available homes is currently at an average of $488,217. The Cloverdale market showed healthy signs in this week's report, as the number of home sales shot up 100.0%, pushing the total to 14 homes sold over the last 30 days.

Wonder which homes are generating the most buzz? Here are the most viewed listings in Cloverdale:

$500K   $379K   $680K  

Typical Dwelling

A three-bedroom detached home valued around $467,292 is considered a typical dwelling in Cloverdale. If a buyer was looking for a similar home, they would need good credit and a $93,458 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $1,987 and the property tax rate is $6.80 per $1,000 of taxable assessed value.

Get started right now by checking out Cloverdale homes for sale or reviewing Cloverdale real estate trends.


Data reported through 10/13/2016

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Ask a local expert about this area:
CENTURY 21 Bundesen
5 reviews
Wine Country Group
Snapped 1 home in this area

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