A typical Cleone home is worth roughly $608,000
Home prices around Cleone have risen about 34% over the past 5 years.
What kind of housing town is Cleone?
Read from the numbers below. The page puts what stands out first.
Home prices up 34% in 5 years
The federal house price index for the ZIP code around Cleone rose 34% over the past 5 years, slower than across California (40%). Last year prices fell 4.3%.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Cleone, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A typical home costs 11.3 years of income
More than across California (7.7 years). Try your own numbers below.
That’s $400K short of a typical Cleone home.
A two-bedroom rents for about $1,700 a month here, $1,990 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Cleone’s typical property tax (0.99% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,700
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Mendocino County, CA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
70% of Cleone households own their home
Half of Cleone’s homes were built before 1973.
California: 56% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Neighbors talk housing
What Cleone buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.