Cloverly, MD Housing Market
The Cloverly housing market is most competitive. The median sale price of a home in Cloverly was $678K last month, down 9.67% since last year. The median sale price per square foot in Cloverly is $260, up 15.8% since last year.
Cloverly Housing Market Trends
In March 2024, Cloverly home prices were down 9.67% compared to last year, selling for a median price of $678K. On average, homes in Cloverly sell after 10 days on the market compared to 24 days last year. There were 8 homes sold in March 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 3 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 15 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 2% above list price and go pending in around 9 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 9 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 26 days.
- Hot homescan sell for about 4% above list price and go pending in around 5 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 Atlanta and Hartford.
- 81% 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 | Jan '24 - Mar '24 | ||
1 | 3,185 | ||
2 | 1,376 | ||
3 | 525 | ||
4 | 384 | ||
5 | 26 | ||
6 | 13 | ||
7 | 11 | ||
8 | 10 | ||
9 | 5 | ||
10 | 5 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 4,584 | ||
2 | 2,396 | ||
3 | 2,070 | ||
4 | 1,555 | ||
5 | 1,496 | ||
6 | 1,356 | ||
7 | 1,298 | ||
8 | 1,266 | ||
9 | 982 | ||
10 | 808 |
View houses in Cloverly that sold recently
Recently sold homes
- $611,100 Last Sold Price5 beds3.5 baths2,792 sq ft14607 Peach Orchard Rd, Silver Spring, MD 20905(443) 627-2900List Price$544,000Sale to List12% over listDays on Market24 days14607 Peach Orchard Rd, 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
- $925,000 Last Sold Price4 beds3.5 baths5,243 sq ft101 Bryants Nursery Rd, Silver Spring, MD 20905(888) 860-7369List Price$875,000Sale to List6% over listDays on Market43 days101 Bryants Nursery Rd, Silver Spring, MD 20905
- $801,000 Last Sold Price5 beds3.5 baths3,198 sq ft15120 Centergate Dr, Silver Spring, MD 20905(443) 906-3848List Price$749,000Sale to List7% over listDays on Market24 days15120 Centergate Dr, Silver Spring, MD 20905
- $423,000 Last Sold Price3 beds1.5 baths1,160 sq ft1115 Sandy Hollow Ct, Silver Spring, MD 20905(301) 774-5900List Price$385,000Sale to List10% over listDays on Market33 days1115 Sandy Hollow Ct, Silver Spring, MD 20905
- $440,000 Last Sold Price3 beds2.5 baths1,344 sq ft728 Oxford Square Dr, Silver Spring, MD 20905List Price$439,000Sale to List0% over listDays on Market56 days728 Oxford Square Dr, Silver Spring, MD 20905
- $875,000 Last Sold Price4 beds3 baths4,438 sq ft1906 Mayflower Dr, Silver Spring, MD 20905(703) 564-4000List Price$850,000Sale to List3% over listDays on Market21 days1906 Mayflower Dr, Silver Spring, MD 20905
- $550,000—beds2.5 baths2,199 sq ft33 Jaystone Ct, Silver Spring, MD 20905Days on Market—33 Jaystone Ct, Silver Spring, MD 20905
See all recently sold homes in Cloverly.
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Schools in Cloverly
- Elementary
- Middle
- High
GreatSchools Rating
7/10 Stonegate Elementary School Public • PreK-5 | 502 Students | 16 reviews |
6/10 Dr. Charles R. Drew Elementary School Public • PreK-5 | 469 Students | 10 reviews |
6/10 Cloverly Elementary School Public • PreK-5 | 533 Students | 11 reviews |
4/10 Fairland Elementary School Public • PreK-5 | 628 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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