Zip 24077 (Cloverdale, VA) Housing

Cloverdale, VA is a great place to invest in real estate. The median housing value in Cloverdale is $266,300, which is significantly lower than the United States median housing value of $338,100. However, over the past year the house appreciation rate in Cloverdale has been 11.69%, much higher than the national rate of 8.27%. This makes Cloverdale an ideal location for investment in real estate due to its lower initial cost and greater potential for appreciation.

The median home cost in Cloverdale (zip 24077) is $266,300. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Cloverdale (zip 24077) is up 17.1%.

Average Age of Homes

- The median age of Cloverdale (zip 24077) real estate is 23 years old

The Rental Market in Cloverdale (zip 24077)

- Renters make up 28.2% of the Cloverdale (zip 24077) population
- 5.1% of houses and apartments in Cloverdale (zip 24077), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cloverdale, Virginia	United States
	528.0	139,647,020.0
	39	42
	$266,300	$338,100
	17.1%	16.6%
	52.1%	57.0%
	66.2%	101.1%
	$5.36	$10.98
	$1,375	$2,690
	43.2%	57.4%
	14.4%	11.2%
	42.4%	31.4%
Vacant Housing
	5.1%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	9.3%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	1.8%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	14.5%	11.3%
	16.2%	13.0%
	50.4%	20.1%
	17.1%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.1%	13.6%
	5.1%	13.6%
	31.4%	13.6%
	14.4%	13.2%
	30.5%	14.8%
	31.4%	13.6%
	0.0%	10.0%
	9.3%	4.7%
	3.0%	12.2%

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