Cleveland, TN Home Values & Market Trends
Real estate market trends reflect that there have been 1,540 transactions over the past year in Cleveland. The median value for residential home transactions that occurred over the previous year is $280,786.64. The number of current listings in Cleveland is 191, and the percentage of properties for sale in the city is 191.00%. Cleveland, TN currently has 20 properties in foreclosure, 1 bank owned properties, 19 properties headed for auction, and 191 properties for sale.
Cleveland, TN Real Estate Market Overview
Housing Market Summary for Cleveland, TN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $299.9K | $267.7K | -10.73% |
| Median Sold Price | $258.7K | $267.7K | 3.49% |
| Homes For Sale | 145 | 173 | 19.31% |
| Homes Sold | 793 | 718 | -9.46% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Cleveland, TN
Browse Homes in Cleveland, TN
Cleveland home values range from $19,726 to $9,808,897. The median estimated value of a home in Cleveland is $280,786.64. The median list price of a home is 360,000, and the total count of properties in the city is 33,383.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Cleveland, TN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Cleveland, TN; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Cleveland, TN ranges from the highest value of $303,960 in 37323 to the lowest value of $303,960 in 37323. Bank owned homes and properties account for 0.00% of properties in Cleveland, TN. There are 3 zips within Cleveland, TN; 37323 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions37323 has 10 auction properties, the highest number of properties going to auction in a single zip in the state of Cleveland, TN. Auction homes and other auction properties account for 0.06% of all properties in Cleveland, TN. There are 3 zips within Cleveland, TN; of those zips, the median estimated home value for homes going to auction ranges from $418,782 in 37311 to the lowest value of $64,253 in 37311.
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More Real Estate Resources for Cleveland, TN
Guide for Cleveland, TN
The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.
Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices
Tennessee Foreclosure Laws
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