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Cloverdale, VA
Full City Profile · Virginia · Roanoke city County
3.2
/5.0
B
Good
3,095
Population
998/sq mi density
$71,929
Median Income
$46,278 per capita
$338,000
Home Value
$297,463 Zillow
$889
Median Rent
17.9% income on rent
56°F
Avg Temperature
305 sunny days/yr
453
Violent Crime/100K
2,630 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$71,929 median income, 2.0% unemployment
A
Affordability
4.0 / 5.0
$338,000 home value, $889/mo rent
F
Safety
1.0 / 5.0
453 violent crimes/100K (19% above avg)
B
Education
3.3 / 5.0
28.3% bachelor's degree or higher
Housing Overview
Median Home Value
$338,000
20% above
US avg: $281,900
Median Rent
$889/mo
24% below
US avg: $1,163/mo
Homeownership Rate
72.2%
10% above US avg (65.4%)
Total Housing Units
1,593
Median year built: 1981
Home Value by Source
Census Median
$338,000
Zillow (ZHVI)
$297,463
Median Sale Price
$666,150
Median List Price
$625,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.2%
Owner-Occupied
27.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent:
$889/mo
Market Indicators (Redfin)
Median Days on Market
27 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$150
Active Inventory
4
homes for sale
Affordability & Housing Stock
Rent Burden
17.9%
of renters spending 30%+ of income on housing
42% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
72.2%
Complete Housing Data
Home Values
| Census Median Value | $338,000 |
| Zillow Home Value (ZHVI) | $297,463 |
| Median Sale Price | $666,150 |
| Median List Price | $625,000 |
| Price Per Sq Ft | $150 |
Rent
| Census Median Rent | $889 |
| FMR Studio | $1,137 |
| FMR 1-Bedroom | $1,181 |
| FMR 2-Bedroom | $1,369 |
| FMR 3-Bedroom | $1,787 |
| FMR 4-Bedroom | $2,126 |
Market
| Days on Market | 27 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 5 |
| Active Inventory | 4 |
| Price Per Sq Ft | $150 |
Ownership & Stock
| Owner-Occupied | 72.2% |
| Renter-Occupied | 27.8% |
| Homeownership Rate | 72.2% |
| Total Housing Units | 1,593 |
| Median Year Built | 1981 |
| Rent Burden | 17.9% |