The Cleveland housing market is not very competitive. Homes in Cleveland receive 2 offers on average and sell in around 66 days. The median sale price of a home in Cleveland was $270K last month, down 8.5% since last year. The median sale price per square foot in Cleveland is $175, up 4.2% since last year.
What is the housing market like in Cleveland today?
In March 2024, Cleveland home prices were down 8.5% compared to last year, selling for a median price of $270K. On average, homes in Cleveland sell after 66 days on the market compared to 59 days last year. There were 66 homes sold in March this year, down from 76 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$269,500
-8.5% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Cleveland, TN
$269,500
-8.5%
United States
To compare other locations to the Cleveland and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Cleveland's median sale price is 35% lower than the national average. Overall cost of living in Cleveland is 17% lower than the national average. Learn which home features in Cleveland add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Cleveland housing market?
Cleveland is not very competitive. Homes sell in 63.5 days.
0
100
25
Not Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Multiple offers are rare.
The average homes sell for about 2% below list price and go pending in around 64 days.
Hot homes
can sell for around list price and go pending in around 23 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Cleveland
Explore recent offers and recently sold homes in Cleveland
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Michigan Avenue
Public • PreK-5
486
Students
5 reviews
7/10
North Lee Elementary School
Public • PreK-5
481
Students
6 reviews
7/10
Oak Grove Elementary School
Public • PreK-5
386
Students
11 reviews
7/10
Hopewell
Public • PreK-5
442
Students
6 reviews
6/10
Black Fox Elementary School
Public • PreK-5
559
Students
10 reviews
Only showing 5 of
14 elementary schools.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Cleveland housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Cleveland.
Risk Factor
Flood Factor - Moderate
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Cleveland has a moderate risk of flooding. 2,189 properties in Cleveland are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Cleveland. Flood risk is increasing slower than the national average.
51% of properties are at risk of wildfire over the next 30 years
Fire Factor
Cleveland has a moderate risk of wildfire. There are 10,068 properties in Cleveland that have some risk of being affected by wildfire over the next 30 years. This represents 51% of all properties in Cleveland.
98% of properties are at moderate
risk of a severe wind event over the next 30 years
Wind Factor
Cleveland has a Moderate Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Cleveland is most at risk from hurricanes. 19,464 properties in Cleveland have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 59 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 65 mph.