Cloverdale, VA Foreclosures
How much do homes sell for in Cloverdale, VA?
The average home price is currently $343,774.
In Cloverdale, VA, how many homes are available?
There are currently 1 active home listings available in Cloverdale.
What’s the average rental cost in Cloverdale, VA?
The average rental price in Cloverdale is $1,206.
What is the most expensive home in Cloverdale?
The most expensive home sold in Cloverdale had a price of $15,288,486.
What is currently the cheapest priced home in Cloverdale, VA?
The cheapest home for sale in Cloverdale is priced at $45,877.
Living in Cloverdale, VA
Cloverdale, VA is a picturesque community nestled in the foothills of the Blue Ridge Mountains, offering a blend of rural charm and modern amenities. The area is well-served by schools, parks, and local stores, making it an attractive destination for families and outdoor enthusiasts. With easy access to larger metropolitan areas, Cloverdale remains a quaint sanctuary away from the hustle and bustle.
Current Market Conditions in Cloverdale, VA
The real estate market in Cloverdale has shown a steady increase in property values, fueled by the area's scenic nature and family-friendly atmosphere. The demand for homes has risen, leading to increased competition, particularly in desirable neighborhoods. As more individuals seek homes in this peaceful community, buyers are encouraged to act quickly when they find a property that meets their needs. Current trends indicate that single-family homes are particularly popular, driving up prices in this segment.
There is currently a limited inventory of homes in Cloverdale, leading to a fast-paced market where listings often receive multiple offers. The ongoing development in surrounding areas also suggests that property values may rise further over time, making Cloverdale a compelling option for investors looking for long-term gains.
Home Value Estimator For Cloverdale, VA
There are currently 401 real estate properties
in Cloverdale, VA,
with a median automated valuation model (AVM) price
of $278,908.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cloverdale, VA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Cloverdale, VA,
is $343,774.00, with the most expensive house
in Cloverdale, VA, topping out
at $15,288,486.00 and the cheapest home
in Cloverdale, VA,
clocking in at $45,877.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cloverdale, VA!
Rent Prices
In Cloverdale, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cloverdale, VA, is on
a rollercoaster ride. The
average rent price in Cloverdale, VA,
is $1,206.00. Indeed, when looking to rent in
Cloverdale, VA, you can expect to pay as little
as $610.00 or as much
as $2,520.00,
with the average rent median estimated to
be $1,170.00. The good news is that finding
an affordable and desirable property to rent in Cloverdale, VA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
