Is Cloverdale a buyer's or seller's market right now?

Cloverdale is currently a seller's market with 2.6 months of supply. 40% of homes sell above asking price, and 50% go pending within two weeks. The Ridley Sell Score for Cloverdale is 65/100 (Moderate), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Cloverdale?

The median home price in Cloverdale is $197,000, up 11% year-over-year. The median price per square foot is $145. Homes sell in a median of 93 days with a sale-to-list ratio of 102.6%.

How much does it cost to sell a home in Cloverdale, Indiana?

On a $197,000 home in Cloverdale, a traditional listing agent charges around $5,910 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $15,760 or more. With Ridley Essentials ($999) you save $4,911, and with Ridley Pro ($3,499) you save $2,411 while getting full agent support.

How does Ridley's flat fee compare to a traditional Cloverdale agent?

A traditional Cloverdale listing agent typically charges 3% of the sale price — about $5,910 on a $197,000 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $4,911–$2,411 compared to a traditional agent.

How long does it take to sell a home in Cloverdale?

The median home in Cloverdale currently spends 93 days on the market before going under contract, up 45% from last year. 50% of homes go pending within two weeks. At a 102.6% sale-to-list ratio, sellers are getting very close to or above asking price. Only 15.4% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in Indiana?

No. Indiana does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $197,000 home, that could save you up to $2,411.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in Indiana. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $5,910 commission.

National/Indiana

Cloverdale, IN

Is Now a Good Time to Sell in Cloverdale, Indiana?

The median home in Cloverdale sells for $197,000 with prices up 11% year-over-year. The average seller pays $5,910 in commissions — Ridley’s flat fee saves you $2,411.

Cloverdale Real Estate Market Conditions — April 2026

65out of 100

Ridley Sell Score

How it's scored →

Moderate

65/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The Cloverdale market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessFavors sellers

2.6 months of supply — below the 5-month balanced threshold — 24% above the Indiana average of 2.1.

Price MomentumNeutral

Prices up 11% year-over-year — vs. +12.2% statewide.

Seller LeverageFavors sellers

Homes selling at 102.6% of asking — sellers are getting 2.6% above list on average. Indiana average is 96.1%.

Bidding ActivityFavors sellers

40% of homes selling above list price — 156% above the Indiana average of 15.6%.

Sale SpeedFavors buyers

93 median days on market — 27 days slower than the Indiana average.

Market UrgencyFavors sellers

50% of listings go pending within 2 weeks — vs. 18.4% statewide.

Price StabilityNeutral

15.4% of listings have dropped their price. Indiana average is 19.7%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$197,000

+11%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

+45%

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$145

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

102.6%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

2.6

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Very Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

40%

Moderate demand

Price Drops

Percentage of active listings that had a price reduction.

15.4%

Well-priced market

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

50%

Fast-moving

12-Month Price Trend

$140,000 → $197,000

▲40.7%

$400K$300K$200K$100K

MayJulSepNovJanMarApr

Data updated April 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Cloverdale — delivered monthly.

Your savings

How much can you save selling your home in Cloverdale?

The average Cloverdale homeowner saves $2,411 by selling with Ridley instead of paying the traditional 3% listing commission on a $197,000 home.

$0Estimated savings

That could furnish your new living room — save 1.2% of your home value

Your Cloverdale home value

$197,000

$50,000$10M

Traditional Agent (3%)

$5,910

Ridley Pro (flat fee)

$3,499

Ready to sell in Cloverdale?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Cloverdale?

The total cost to sell a house in Cloverdale in 2026 ranges from $999 with Ridley Essentials to approximately $5,910 with a traditional 3% commission on a $197,000 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$5,910	$3,499	$999	$0
Buyer agent	$5,5162.8% avg	$3,940~2% avg	$3,940~2% avg	$5,5162.8% avg
Closing costs (~1.5%)	$2,955	$2,955	$2,955	$2,955
Total cost	$14,381	$10,394	$7,894	$8,471
Net proceeds	$182,619	$186,606	$189,106	$188,529
You save	—	$3,987	$6,487	$5,910No support