ZIP Code Market Report
97112 — Cloverdale, OR
Data through February 2026 · Updated monthly
Avg Home Value
$455,528
▼ 1.9% year-over-year
Month-over-Month
-0.6%
▼ 0.6%
Single Family
$456,446
Condo / Co-op
--
The average home value in the 97112 ZIP code (Cloverdale, OREGON) is $455,528 as of February 2026. Home prices are declining, down 1.9% compared to last year.
A 3-bedroom home in 97112 is valued at $496,253. 1-bedroom units start around $352,547.
The market in 97112 has a $435,404 spread between bottom-tier homes at $312,391 and top-tier homes at $747,795. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
This report is part of the Tillamook County market area in OREGON. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Tillamook County report.
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Market Snapshot
97112 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $462,113 | $458,209 | $455,528 | ▼ 1.4% |
| Single Family Value | $455,384 | $456,316 | $456,446 | ▲ 0.2% |
Home Values
97112 Home Value Trend
Historical home values for ZIP code 97112. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 97112
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 1 Bedroom | $352,547 |
| 2 Bedrooms | $418,848 |
| 3 Bedrooms | $496,253 |
Property Types
Home Values by Property Type in 97112
How different property types compare in this ZIP code.
All Homes
$455,528
Single Family
$456,446
Bottom Tier
$312,391
Top Tier
$747,795
Data Sources and Methodology
Home value data for ZIP code 97112 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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