Cloverdale, IN Real Estate

According to census data in the year 2000 there were 959 housing units in Cloverdale. This represents a 39% growth from 690 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 959 were located in what is classified as a rural area.

Homeownership rate in Cloverdale is about 73.7%. Cloverdale's vacancy rate, including seasonal lodging, is about 6.3%. Average household size is 2.51 people.

The majority of houses, apartments or condos in Cloverdale were built after 1979.


Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom12.40%
Two Bedrooms29.30%
Three Bedrooms47.50%
Four Bedrooms8.20%
Five Bedrooms or more2.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1981
Median Value of occupied units$83,100
Median Price asked for vacant units$106,300

Rented Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1975
Median Monthly Rent asked for vacant units$380

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage14.80%
Home Equity Loan7.50%
Simple Mortgage48.30%
Debt Free29.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.8%