The typical owner-occupied home in Clover is worth about $203,700, 47% below the Virginia median of $383,700 and 39% below the national median of $332,700. Owners pay a median $880 a year in property taxes, about 0.43% of their home's value, lower than the Virginia rate of 0.73%. The median household earns $52,577 a year, so the median home costs 3.9 times the median income (4.1 times for Virginia). 90% of occupied homes here are lived in by their owners, and 32% of those owners still have a mortgage.
Clover at a glance
| Clover | Virginia | U.S. | |
|---|---|---|---|
| Median home value | $203,700 | $383,700 | $332,700 |
| Median property tax paid per year | $880 | $2,790 | $3,119 |
| Property tax as a share of value | 0.43% | 0.73% | 0.94% |
| Median household income | $52,577 | $93,170 | $80,734 |
| Homes lived in by their owners | 90% | 67% | 65% |
| Owner homes with a mortgage | 32% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $2,056 | $2,127 | $1,963 |
| Those costs as a share of the owners' income | 14.4% | 20.1% | 21.0% |
| Median rent | – | $1,579 | $1,413 |
| Median year homes were built | 1958 | 1984 | 1980 |
| Vacant homes | 19.6% | 8.7% | 10.1% |
| Population | 696 | 8,705,170 | 334,922,499 |
What a typical home costs per month in Clover
At this week's average 30-year rate of 7.11%, buying the median Clover home of $203,700 with 20% down costs about $1,254 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,593, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $53,748 for the 20%-down payment. That payment is 29% of the median Clover household income of $52,577; at that income and 20% down, the 28% guideline points to a home of about $199,000.
| Down payment | $40,740 |
|---|---|
| Loan amount | $162,960 |
| Principal and interest | $1,096 |
| Property taxes (0.43% a year) | $73 |
| Homeowners insurance (our estimate, 0.5% a year) | $85 |
| PMI | $0 |
| Total per month | $1,254 |
Change the numbers in the calculator
| Down payment | $7,130 |
|---|---|
| Loan amount | $200,010 |
| Principal and interest | $1,345 |
| Property taxes (0.43% a year) | $73 |
| Homeowners insurance (our estimate, 0.5% a year) | $85 |
| FHA mortgage insurance | $90 |
| Total per month | $1,593 |
Change the numbers in the calculator
Questions about home buying in Clover
What is the median home value in Clover?
About $203,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Clover?
Homeowners pay a median $880 a year, which is about 0.43% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Clover?
For the median home with 20% down at 7.11%, the payment is about $1,254 a month. Keeping that under 28% of gross income takes about $53,748 a year.
More about Clover
- Mortgage Refinance in Clover
- Debt Relief in Clover
- Home Equity Loans in Clover
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data