Cloverly, MD Housing Market
The Cloverly housing market is most competitive. The median sale price of a home in Cloverly was $633K last month, down 6.2% since last year. The median sale price per square foot in Cloverly is $295, up 31.1% since last year.
Cloverly Housing Market Trends
In April 2024, Cloverly home prices were down 6.2% compared to last year, selling for a median price of $633K. On average, homes in Cloverly sell after 12 days on the market compared to 19 days last year. There were 10 homes sold in April this year, up from 7 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Cloverly housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 4% above list price and go pending in around 11 days.
- Hot homescan sell for about 6% above list price and go pending in around 5 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Most homes get multiple offers, often with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 7 days.
- Hot homescan sell for about 6% above list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 25 days.
- Hot homescan sell for about 4% above list price and go pending in around 7 days.
Cloverly Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Cloverly from outside metros.
- New York homebuyers searched to move into Cloverly more than any other metro followed by Hartford and Atlanta.
- 82% of Cloverly homebuyers searched to stay within the Cloverly metropolitan area.
- Salisbury was the most popular destination among Cloverly homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,393 | ||
2 | 1,561 | ||
3 | 642 | ||
4 | 348 | ||
5 | 314 | ||
6 | 19 | ||
7 | 12 | ||
8 | 12 | ||
9 | 10 | ||
10 | 9 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 4,468 | ||
2 | 2,447 | ||
3 | 1,942 | ||
4 | 1,579 | ||
5 | 1,486 | ||
6 | 1,371 | ||
7 | 1,288 | ||
8 | 1,272 | ||
9 | 947 | ||
10 | 832 |
Home offer insights for Cloverly
Recent offers
- Winning Offer|5 Weeks Ago~$850K Offer4 bd | 3.5 ba | ~3,500 sqftOver List Price0%Days on Market7Competing Offers3Down Payment~20%
- Offer Not Accepted|9 Weeks Ago~$600K OfferSold for $650K4 bd | 2.5 ba | ~2,500 sqftOver List Price0%Days on Market6Competing Offers5Down Payment<10%
View houses in Cloverly that sold recently
Recently sold homes
- $1,290,000 Last Sold Price5 beds4.5 baths6,909 sq ft16530 Harbour Town, Ashton, MD 20861(301) 298-1001List Price$1,200,000Sale to List7% over listDays on Market28 days16530 Harbour Town, Ashton, MD 20861
- $560,550 Last Sold Price4 beds2 baths2,095 sq ft2206 Briggs Chaney Rd, Silver Spring, MD 20905(301) 251-1221List Price$550,000Sale to List2% over listDays on Market26 days2206 Briggs Chaney Rd, Silver Spring, MD 20905
- $901,000 Last Sold Price4 beds3.5 baths3,416 sq ft14523 Cutstone Way, Silver Spring, MD 20905(301) 298-1001 Redfin CorpList Price$850,000Sale to List6% over listDays on Market37 days14523 Cutstone Way, Silver Spring, MD 20905
- $650,000 Last Sold Price4 beds3 baths2,184 sq ft15300 Beaufort Pl, Silver Spring, MD 20905(301) 445-1395List Price$705,000Sale to List8% under listDays on Market84 days15300 Beaufort Pl, Silver Spring, MD 20905
- $765,000 Last Sold Price4 beds4.5 baths5,080 sq ft14008 Colesville Manor Pl, Silver Spring, MD 20904(301) 942-2560List Price$765,000Sale to List0% over listDays on Market58 days14008 Colesville Manor Pl, Silver Spring, MD 20904
- $620,000 Last Sold Price3 beds2.5 baths1,912 sq ft14808 Mistletoe Ct, Silver Spring, MD 20905(410) 823-0033List Price$615,000Sale to List1% over listDays on Market18 days14808 Mistletoe Ct, Silver Spring, MD 20905
- $741,000 Last Sold Price5 beds3.5 baths2,536 sq ft213 Amberleigh Dr, Silver Spring, MD 20905(703) 533-8660List Price$729,900Sale to List2% over listDays on Market22 days213 Amberleigh Dr, Silver Spring, MD 20905
- $775,000 Last Sold Price4 beds3.5 baths2,998 sq ft15052 Butterchurn Ln, Silver Spring, MD 20905(855) 450-0442List Price$759,900Sale to List2% over listDays on Market20 days15052 Butterchurn Ln, Silver Spring, MD 20905
See all recently sold homes in Cloverly.
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Schools in Cloverly
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Dr. Charles R. Drew Elementary School Public • PreK-5 | 468 Students | 10 reviews |
6/10 Stonegate Elementary School Public • PreK-5 | 494 Students | 16 reviews |
6/10 Cloverly Elementary School Public • PreK-5 | 476 Students | 11 reviews |
5/10 Fairland Elementary School Public • PreK-5 | 585 Students | 9 reviews |
Climate's impact on Cloverly housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Cloverly.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
Wind Factor
Wind likelihood over time
Heat Factor - Major
Heat Factor
Transportation in Cloverly
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