25 properties sold · Palmerston North

Property sold in Cloverlea, Palmerston North

Houses, townhouses, apartments and sections, farms and lifestyle blocks, and commercial and industrial sites sold in Cloverlea, Palmerston North in the last twelve months, latest first, with the price where it is public beside the council valuation.

$540kmedian sale, last 12 months · 31 sales · down 8%
$550kmedian council valuation
8.5 yrsmedian time between sales
3for sale now

25 properties sold in the last 12 months in Cloverlea

About Cloverlea

Three-bedroom homes sold for a median $530k and four-bedroom homes for $575k. Homes sold for a median $5,146 per square metre of floor over the last twelve months. Homes in Cloverlea change hands every 8.5 years on median, against 7.8 across Palmerston North and 7.9 nationally. About 3.7% of its homes sold in the last twelve months.

Schools zoned for Cloverlea

  • Cornerstone Christian Schoolcomposite · Years 1-13
  • Cloverlea Schoolprimary · Years 1-6
  • Kairanga Schoolprimary · Years 1-8
  • Milson Schoolprimary · Years 1-6
  • Ross Intermediateintermediate · Years 7-8
  • Palmerston North Boys' High Schoolsecondary · Years 9-15

Cloverlea house prices over time

Median sale price by year, all homes; 2026 is the year so far. Cloverlea's median sale price over the last twelve months was $540k, across 31 sales, down 8% on the twelve months before. Across Palmerston North it was $625k.

2016: $282k (57 sales)$282k20162017: $302k (48 sales)2018: $330k (47 sales)20182019: $403k (48 sales)2020: $461k (37 sales)20202021: $625k (33 sales)$625k2022: $580k (24 sales)20222023: $538k (28 sales)2024: $582k (27 sales)20242025: $561k (40 sales)2026: $555k (19 sales, this year so far)$555k2026
Sales by year as a table
YearSalesMedian pricePer m² floorPer m² land (est.)Palmerston North median
202619$555,000$5,236$420$623,000
202540$561,000$5,112$432$632,500
202427$582,000$5,105$424$625,500
202328$538,000$5,054$426$625,000
202224$580,000$5,579$443$675,000
202133$625,000$5,907$465$686,000
202037$461,000$4,387$352$542,250
201948$402,500$3,688$306$441,250
201847$330,000$3,170$261$393,000
201748$301,500$2,632$235$350,000
201657$282,000$2,566$207$315,000

Estimated value, month by month

Our model's median estimate for homes in Cloverlea, down 3% over the last twelve months. An automated estimate, not a registered valuation.

Nov 2024: $563kDec 2024: $561kJan 2025: $560kFeb 2025: $556kMar 2025: $555kApr 2025: $553kMay 2025: $552kJun 2025: $553kJul 2025: $554kAug 2025: $556kSept 2025: $559kOct 2025: $561kNov 2025: $561kDec 2025: $559kJan 2026: $556kFeb 2026: $553kMar 2026: $555kApr 2026: $553kMay 2026: $551kJun 2026: $550kJul 2026: $549kAug 2026: $549kSept 2026: $549kOct 2026: $546k$563k$546kNov 2024Oct 2026
Scale $541k to $568k, not from zero.

Prices by bedrooms in Cloverlea

Over the last twelve months, 3-bedroom homes sold for a median $530k, 4-bedroom homes sold for a median $575k.

BedroomsHomesMedian council valueSold, last 12 monthsMedian salePer m² floor
270$450k4—$4,286
3539$550k18$530k$5,359
476$630k6$575k$4,507
5+6$645k2—$3,300

Price per square metre

Homes in Cloverlea sold for a median $5,146 per square metre of floor over the last twelve months, land included (Palmerston North: $4,601); the land under houses sold for an estimated $419 per square metre (Palmerston North: $532). A sale price is not split between land and house, so the land figure gives the land the council's share of each sale — the land value as a part of the capital value at the last revaluation.

$5,146per m² of floor, land included, sales in the last 12 months
$419per m² of land, estimated from house sales in the last 12 months
$4,907per m² of floor, council capital values
$417per m² of land, council land values of houses

Recent sales in Cloverlea

How long owners stay in Cloverlea

Homes in Cloverlea change hands every 8.5 years on median, against 7.8 across Palmerston North and 7.9 nationally.

8.5 yearsmedian time between sales, Cloverlea
7.8 yearsPalmerston North
7.9 yearsNew Zealand
3.7%of homes sold in the last 12 months (Palmerston North: 4%)

By kind: houses 8.5 years, units & townhouses 9.2 years.

Time between a home's sales, for homes that resold in the last five years. A home not sold since our records begin is not counted, so owners who stay longest are under-represented.

Who lives in Cloverlea

About 1,902 people lived in Cloverlea at the 2023 census; their median age was about 37 (Palmerston North: 37); 69% of households owned their home (Palmerston North: 64%).

1,902people, 2023 (2018: 1,908)
37median age, about (Palmerston North: 37)
$88kmedian household income, about (Palmerston North: $94k)
69%of households own their home (2018: 72%)

Age

  • 30-64 years42%
  • 15-29 years21%
  • Under 15 years20%
  • 65 years and over17%

Households

  • One-family household (with or without other people)65%
  • One-person household27%
  • Other multi-person household5%
  • Two-family household (with or without other people)2%
  • Three or more family household (with or without other people)0%

Ethnicity

  • European78%
  • Māori29%
  • Pacific Peoples7%
  • Asian6%
  • Other Ethnicity2%
  • Middle Eastern/Latin American/African1%

Where people were born

  • New Zealand88%
  • Asia4%
  • United Kingdom and Ireland2%
  • Australia2%
  • Middle East and Africa2%
  • Pacific Islands1%
  • Europe (excl United Kingdom and Ireland)1%
  • North America0%

Household income

  • $100,001-$150,00027%
  • $70,001-$100,00020%
  • $30,001-$50,00013%
  • $50,001-$70,00011%
  • $20,001-$30,00010%
  • $150,001-$200,0009%
  • $200,001 or more6%
  • $20,000 or less5%

Dwellings

  • Separate house88%
  • Joined dwelling13%
  • Non-private dwelling0%
  • Other private dwelling0%

Highest qualification

  • No qualification20%
  • Level 3 certificate14%
  • Level 2 certificate13%
  • Level 1 certificate12%
  • Level 4 certificate12%
  • Bachelor degree and Level 7 qualification10%
  • Level 5 diploma5%
  • Level 6 diploma4%

Stats NZ Census 2023 and 2018, summed over the census areas inside Cloverlea. Medians are approximate: Stats NZ publishes them per area and they cannot be added up exactly.

Real estate agents selling in Cloverlea

24 agents have been credited on a sale or a live listing in Cloverlea in the last two years. Those with the most:

All 24 real estate agents in Cloverlea, with their recent sales and which agencies sell the suburb.

Counted from sales records that name the agent, and from current listings. A count of activity, not a rating.

Building and resource consents in Cloverlea

11building consents in the last 12 months ($2.97m of work)
  • 63 Herbert Avenue1 Jul 2026 · Building consentInstall metro wee rad woody freestanding wood fire into living room
  • 42 Peters Avenue1 Jun 2026 · Building consentRbw - staged 1 of 2 bc - off-site construction of sleepout that includes bdrm, dressing room & ensuite in two sections. Part 2 to include site info, hwc, foundation & roof cladding.
  • 42 Peters Avenue1 May 2026 · Building consentRbw - to construct 4 single level modules to be transported to their permanent site on Waiheke Island. The modules will have kitchen, living, fireplace, 3 by bedrooms, 2 by bathrooms, study. Onsite wo
  • 15C Tararua Terrace1 May 2026 · Building consent101m2 3 bdrm, 1 bathrm home
  • 10A Peters Avenue1 May 2026 · Building consentReframe existing wall oblique linea cladding new door & window units

Search building consents in Cloverlea and see Stats NZ's count of new homes there.

Sales and valuations as at 18 September 2026, from council and LINZ records. Figures resting on fewer than 5 sales are not shown.

Property sold by street in Cloverlea

About property sold in Cloverlea, Palmerston North

Every property in Cloverlea, Palmerston North, whether it is for sale or not: homes, sections, farms, lifestyle blocks, shops, offices and industrial land. Each is listed from the council rating roll and Toitū Te Whenua LINZ, with the listing beside it when an agent is marketing it.

Sales come from the council valuation roll and the listings that preceded them. Each opens on the property’s own page, with its full sales history, our estimate of its value today and its title.

Each property has its own page: our estimate of its value beside the council rating valuation, past sale prices, the title and land area, zoning and hazards, building consents, and what it would cost to own.

Listings are published by the agents who market them. Addresses, land details and rating valuations come from Toitū Te Whenua Land Information New Zealand and from the council. No ownership information is published.

Header photo: Michal Klajban, CC BY-SA 4.0, via Wikimedia Commons (licence).