Cloverdale, IN housing market
The typical Cloverdale home is worth about $266,000, up 3.7% in a year, close to the Indiana typical home.
Home values, sales, trends and how Cloverdale compares with the towns next door — updated as new data is published.
Cloverdale at a glance
Typical home value, 2016–2026
Show as a table
| January | Cloverdale | Indiana |
|---|---|---|
| 2017 | $133,000 | $135,000 |
| 2018 | $145,000 | $144,000 |
| 2019 | $149,000 | $154,000 |
| 2020 | $160,000 | $164,000 |
| 2021 | $183,000 | $183,000 |
| 2022 | $210,000 | $209,000 |
| 2023 | $224,000 | $227,000 |
| 2024 | $241,000 | $237,000 |
| 2025 | $258,000 | $249,000 |
| 2026 | $259,000 | $256,000 |
| August 2026 | $266,000 | $260,000 |
Cloverdale and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Cloverdale | $266K | +3.7% | $1,100 | $66,277 |
| Warren | — | +4.7%† | $1,060 | $103,548 |
| Jefferson | — | +2.9%† | $1,170 | $58,594 |
| Ashland | — | +2.6%† | $1,170 | $88,750 |
| Jennings | — | +4.6%† | $1,090 | $43,646 |
| Harrison | — | +9.9%† | $1,110 | $77,102 |
† FHFA price index change, where Zillow has no home value for the town.
4 years of income
The typical Cloverdale home costs about 4 years of the town's median household income, more than across Indiana (3.6 years).
How Cloverdale ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,100
HUD's Fair Market Rent for a two-bedroom in Cloverdale is $1,100 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Cloverdale pay a median of $751, so moving in tends to cost more than staying put. A two-bedroom takes about 20% of the town's median household income.
Studio $810 · 4 bedrooms $1,730
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (46120, 47456; Owen County, IN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Cloverdale
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.