Housing in Cleveland, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — December 2025Median Sale Price
$175,000
Median List Price
$259,950
Price Per Sq Ft
$222
Days on Market
35
Active Inventory
3
Months of Supply
3.0
Seller's market
Zillow Home Value
$364,022
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Off Market in 2 Weeks
100.0%
Sale-to-List Ratio
100.1%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
2
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$222
Median List $/SF
$185
Cleveland vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Cleveland is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$204,200
Median Rent
$735
Total Housing Units
244
Vacancy Rate
9.4%
Owner Occupied
90.5%
Renter Occupied
9.5%
Median Property Tax
$2,681
per year
Monthly Cost (w/ Mortgage)
$1,250
Housing Types
The current median sale price in Cleveland, MN is $175,000 according to Redfin data. Homes spend a median of 35 days on the market. 100.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $222. The median rent is $735 per month (Census ACS). About 90.5% of housing units are owner-occupied. The median year homes were built is 1971. There are 244 total housing units.