Home Values

Clover Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$166,100

  • 8.1% 1-year change
  • 2.0% 1-year forecast

Market Temperature

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this city relative to other cities in the same metropolitan area. A particular city may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Cold

Buyers' Market
Sellers' Market

The median home value in Clover is $166,100. Clover home values have gone up 8.1% over the past year and Zillow predicts they will rise 2.0% within the next year. The median list price per square foot in Clover is $92, which is lower than the Charlotte Metro average of $100. The median price of homes currently listed in Clover is $243,990 while the median price of homes that sold is $203,500. The median rent price in Clover is $1,500, which is higher than the Charlotte Metro median of $1,175.

Foreclosures will be a factor impacting home values in the next several years. In Clover 6.9 homes are foreclosed (per 10,000). This is the same as the Charlotte Metro value of 6.9 and also greater than the national value of 4.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Clover is 7.2%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Clover homeowners underwater on their mortgage is 11.0%, which is lower than Charlotte Metro at 17.3%.

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Relative ZHVI
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Clover Market Overview

Data through Oct 31, 2014
  • $166,100 ZHVI
  • 2.0% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Oct 31, 2015)
  • $243,990 Median listing price
  • $203,500 Median sale price
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Clover Market Health

Data through Oct 31, 2014
  • 3.3/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 11.0% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 7.2% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

6.9 homes Clover
6.9 homes Charlotte Metro
4.5 homes United States
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Nearby Cities

Name Median ZHVI
Tega Cay $274,100
Smyrna $147,800
York $138,100
Name Median ZHVI
Belmont $134,200
Gastonia $96,300
Cramerton $87,800
Name Median ZHVI
Lowell $87,800
Ranlo $77,800
South Gastonia $63,400

Listings & Sales

Data through Oct 31, 2014
  • $92 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 26.4% Listings with price cut
22.7%
Sold below listing
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Clover Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,430 Clover
    $1,219 Charlotte Metro
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,500 Rent list price
  • $0.71 Rent list price / sq ft (Aug 31, 2014)
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