Is Cloverdale, VA 24077 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Cloverdale is a seller’s market. With about 1.6 months of supply and 33% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.6Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list100.3%Sold price ÷ list price
Median days on market7Listing to accepted offer
Median price per sq ft$194▲ +24.3% vs. last year

Nearby markets

Buchanan 24066Seller’s market $136 /sq ftDaleville 24083Seller’s market $187 /sq ftEagle Rock 24085Seller’s market $175 /sq ftFincastle 24090Seller’s market $136 /sq ft Browse all markets →

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology