Cloverdale, IN
Full City Profile · Indiana · Putnam County County
3.0
/5.0
B
Good
2,219
Population
636/sq mi density
$47,016
Median Income
$25,531 per capita
$117,300
Home Value
$251,119 Zillow
$699
Median Rent
27.9% income on rent
51°F
Avg Temperature
293 sunny days/yr
263
Violent Crime/100K
1,082 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$47,016 median income, 3.3% unemployment
A+
Affordability
5.0 / 5.0
$117,300 home value, $699/mo rent
F
Safety
1.0 / 5.0
263 violent crimes/100K
C
Education
2.3 / 5.0
16.5% bachelor's degree or higher
Housing Overview
Median Home Value
$117,300
58% below
US avg: $281,900
Median Rent
$699/mo
40% below
US avg: $1,163/mo
Homeownership Rate
62.8%
4% below US avg (65.4%)
Total Housing Units
1,047
Median year built: 1986
Home Value by Source
Census Median
$117,300
Zillow (ZHVI)
$251,119
Median Sale Price
$197,000
Median List Price
$209,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
62.8%
Owner-Occupied
37.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$699/mo
Market Indicators (Redfin)
Median Days on Market
93 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
15.4%
of listings with price reduction
Price Per Sq Ft
$145
Active Inventory
13
homes for sale
Affordability & Housing Stock
Rent Burden
27.9%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1986
Average age of housing stock: 40 years
Homeownership Rate
62.8%
Complete Housing Data
Home Values
| Census Median Value | $117,300 |
| Zillow Home Value (ZHVI) | $251,119 |
| Median Sale Price | $197,000 |
| Median List Price | $209,000 |
| Price Per Sq Ft | $145 |
Rent
| Census Median Rent | $699 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 93 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 15.4% |
| Homes Sold | 5 |
| Active Inventory | 13 |
| Price Per Sq Ft | $145 |
Ownership & Stock
| Owner-Occupied | 62.8% |
| Renter-Occupied | 37.2% |
| Homeownership Rate | 62.8% |
| Total Housing Units | 1,047 |
| Median Year Built | 1986 |
| Rent Burden | 27.9% |
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