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Cloverdale CDP, VA

ZIP 24077 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 24077

Median Home Value
$321,300
Median Rent
$557
Affordability Snapshot
$88,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,064/mo PITI).

7%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.6x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

48.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 24077 in Cloverdale CDP, VA, a household would need roughly $88,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,064. That is roughly in line with the local median household income ($89,926). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 23% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
61.5%-6% vs US avg
x
Vacancy Rate
22.7%+120% vs US avg
x
Broadband Access
79.9%-8% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
11.2%-12% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
0.0%
x
Mortgage-Free
16.9%-56% vs US avg
x
$321,300
Home Value
$557
Rent
1988
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached54.9%
  • 1-unit attached5.1%
  • 2-9 units32.2%
  • 10+ units7.9%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$321,300
Median rent$557
Owner-occupied61.5%
Vacant22.7%
Price-to-income3.6x
Est. income to buy$88,000