Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Cloverdale

Learn about the people, housing, costs and businesses in Cloverdale, Oregon

Median Home$520,100
Median Rent$1,191/month
Population299
Leading IndustriesArts, Food & Hospitality · Public Administration · Professional Services9% arts, food & hospitality
Home Value Growth⬇⬇-16.0% over 2 years
Young Adults33% of residentswell above average
Homeowners72% of occupied units
NotableTransit86/100 · excellent transit access
NotableVeteran Community11% of residents · top 9% nationally
Cloverdale
OR

Frequently Asked Questions

What are today's mortgage rates in Cloverdale?

As of today, the 30-year fixed mortgage rate for Cloverdale is approximately 6.891% (6.927% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Cloverdale
What is the median home price in Cloverdale?

The median home value in Cloverdale is $520k. The median monthly rent is $1,191. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cloverdale?

Home values in Cloverdale have decreased 16.0% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Cloverdale?

Based on a typical all-in ownership cost of $1,251/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cloverdale is $80k/year.

Calculate your buying power
What industries drive the economy in Cloverdale?

The largest employment sectors in Cloverdale are public administration (27%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.