Housing in Cleveland, TN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$302,750

Median List Price

$304,000

Price Per Sq Ft

$182

Days on Market

140

Active Inventory

251

Months of Supply

8.7

Buyer's market

Zillow Home Value

$301,833

ZHVI — January 2026

Zillow Rent Index

$1,362

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 9.7%List Price 6.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

17.2%

Off Market in 2 Weeks

13.7%

Sale-to-List Ratio

98.2%

Buyer's market

Sold Above Asking
17.2%
Under Contract in 2 Wks
13.7%
Listings with Price Drops
29.5%

Market Activity

Source: Redfin

Homes Sold

29

New Listings

68

Pending Sales

51

Homes Sold 51.7%New Listings 15.0%Pending 51.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$182

Median List $/SF

$208

Sale $/SF 10.3%List $/SF 11.2%Mar 24Jan 26

Cleveland vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 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

$241,800

Median Rent

$966

Total Housing Units

19,908

Vacancy Rate

7.8%

Owner Occupied

50.3%

Renter Occupied

49.7%

Median Property Tax

$1,496

per year

Monthly Cost (w/ Mortgage)

$1,088

Housing Types

Single Family
62.4%
Multi-Family
33.6%
Mobile Home
3.9%

The current median sale price in Cleveland, TN is $302,750 according to Redfin data. Homes spend a median of 140 days on the market. 17.2% of homes sold above asking price. The market has 8.7 months of supply. The median price per square foot is $182. Zillow's observed rent index is $1,362/month. About 50.3% of housing units are owner-occupied. The median year homes were built is 1982. There are 19,908 total housing units.