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Cloverdale, IndianaPhoto: Chris Flook · CC BY-SA 4.0
Housing in Cloverdale

34 homes sold in Cloverdale in the last year, at a typical $211K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Cloverdale homes are listed.

Homes sold
34
June 2025 to May 2026
Typical sale price
$211K
median, weighted by sales
Price per square foot
$139
Indiana $148
Paid vs. asking
99.1%
24% sold over asking
For sale now
10
May 2026 · 2 sold that month
What sold · last 12 months

Houses are 100% of Cloverdale’s sales, at a typical $211K

34 homes sold in the year to May 2026.

Houses$211K

typical sale · 34 sold in 12 months

Per square foot
$139IN $148
Days to sell
54
Sold over asking
24%
Listings with a price cut
32%
11 years of sales

About as many homes sell as usual, at 2.2 times the 2016 price

34 sales in the last year, against 48 in 2022 and a low of 25 in 2018. The typical sale went from $95K in 2016 to $211K.

Homes soldTypical sale price
012253750$75K$150K$225K$300K2013: 35 sold, typical $74K’132014: 29 sold, typical $62K2016: 31 sold, typical $95K’162017: 32 sold, typical $106K2018: 25 sold, typical $109K’182019: 31 sold, typical $116K2020: 37 sold, typical $131K’202021: 39 sold, typical $130K2022: 48 sold, typical $152K’222024: 25 sold, typical $191K2025: 32 sold, typical $199K’25Last 12 months: 34 sold, typical $211KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $200K buys in Cloverdale

Houseat $139 a sq ft
The same money in Indianaat $148 a sq ft

Is this asking price fair?

Check a listing against what Cloverdale homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 11 years of sales

Bidding wars in Cloverdale are more common than before the pandemic, and more homes are for sale

We read every month of Cloverdale’s home sales since 2013 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 34 sales.

If you’re buying in Cloverdale

  • Shop in September. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
  • Bid near asking. Buyers paid 99.1% of the list price on average; 24% paid over.
  • You’ll usually have time. Only 32% of homes go under contract within two weeks; the typical one takes 54 days.
Best time to buy

Fall brings the homes; summer brings the bidding wars

September has the most new listings (about 5 a month), but June is the most competitive: 34% of June sales close over asking. December has the least competition (0%) but only about 3 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 2 new listings a month, 5% sold over asking, 128 days to sellJFeb: 2 new listings a month, 23% sold over asking, 121 days to sellFMar: 4 new listings a month, 20% sold over asking, 98 days to sellMApr: 3 new listings a month, 25% sold over asking, 128 days to sellAMay: 4 new listings a month, 16% sold over asking, 210 days to sellMJun: 4 new listings a month, 34% sold over asking, 115 days to sellJJul: 3 new listings a month, 14% sold over asking, 113 days to sellJAug: 4 new listings a month, 21% sold over asking, 47 days to sellASep: 5 new listings a month, 16% sold over asking, 99 days to sellSOct: 3 new listings a month, 21% sold over asking, 61 days to sellONov: 3 new listings a month, 11% sold over asking, 64 days to sellNDec: 3 new listings a month, 0% sold over asking, 68 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Indiana as a whole

Cloverdale now2017–192021 peakIN now
Sold over askingShare of sales that closed above the list price24%11%38%19%
Gone within two weeksShare of homes under contract within 14 days32%1%27%37%
Listings with a price cutShare of homes for sale that cut their price32%—41%33%
Price paid vs. askingAverage sale price ÷ list price99.1%96.2%99.3%97.7%
Days to sellMedian days from listing to contract541345835
Supply

14 homes for sale on a typical day

That’s 2.4 times the 2022 low (6), 24% more than in 2017–19 and well under 2013’s 36.

2013: 36 for sale’132014: 28 for sale2016: 19 for sale2017: 14 for sale’172018: 8 for sale2019: 11 for sale2020: 11 for sale’202021: 7 for sale2022: 6 for sale2024: 7 for sale’242025: 14 for saleLast 12 months: 14 for saleNow
Room to negotiate

1 in 3 listings has cut its price

32% in the last year, against — in 2017–19 and 33% across Indiana.

2021: 41%’212022: 47%2024: 41%2025: 23%’25Last 12 months: 32%Now

Source: Redfin Data Center, city market tracker, January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Cloverdale home costs about $1,197 a month

Mortgage
Property tax
Insurance
Rent

Price: Cloverdale’s typical sale, last 12 months. Property tax at Cloverdale’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Cloverdale is affordable on local pay is on Cost of living.

Before you buy in Cloverdale

Six things worth knowing

5

New listings in September

The month with the most choice. January has the fewest, about 2.

Best time to buy
0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $211K home, about $1,150 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Cloverdale, from test results, graduation and how much students grow.

Schools in Cloverdale
23 min

Typical commute

The average one-way trip to work for people who live in Cloverdale.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Greencastle and Brazil sell for less a square foot; Heritage Lake for far more

The busier markets within 25 miles of Cloverdale, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Martinsville183$233K$15015%35
Heritage Lake126$323K$19415%48
Greencastle121$207K$12513%25
Brazil85$167K$11321%27
Monrovia61$314K$15213%68
Cloverdale34$211K$13924%54
Spencer24$185K$1524%51

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Cloverdale, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Cloverdale. People who follow the town see it, and so do people comparing Cloverdale with their own town. No commission, no listing fee.

Questions about buying a home in Cloverdale

What do homes sell for in Cloverdale, IN?

34 homes sold in the year to May 2026 at a typical $211K, $139 a square foot.

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

A balanced market: 10 homes were for sale in May 2026 and 2 sold, about 5 months of supply. Buyers paid 99.1% of asking on average, and 32% of listings cut their price.

When is the best time to buy in Cloverdale?

September brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Cloverdale?

About 0.6% of a home’s value a year. On a $211K home that’s near $1,150.

Where can I see homes for sale in Cloverdale?

Zillow, Redfin, Realtor.com and Homes.com all carry Cloverdale’s MLS listings; the search links above open each one filtered to Cloverdale.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).