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Downtown Cleveland, Tennessee, in Bradley County 02Photo: Harrison Keely · CC BY 4.0
Housing in Cleveland

593 homes sold in Cleveland in the last year, at a typical $317K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Cleveland homes are listed.

Homes sold
593
June 2025 to May 2026
Typical sale price
$317K
houses $329K · condos $235K
Price per square foot
$190
Tennessee $210
Paid vs. asking
97.4%
14% sold over asking
For sale now
295
May 2026 · 54 sold that month
What sold · last 12 months

3% of Cleveland’s sales are condos, at $93K less than a house

525 houses and 19 condos sold in the year to May 2026. Condos sell faster. Houses draw more bidding wars.

Houses$329K

typical sale · 525 sold in 12 months

Per square foot
$191TN $209
Days to sell
75
Sold over asking
14%
Listings with a price cut
32%
Condos$235K

typical sale · 19 sold in 12 months

Per square foot
$189TN $262
Days to sell
39
Sold over asking
0%
Listings with a price cut
31%
Fewer sales

Multi-family (2–4 units): 20 sold, typical $271K
Townhouses: 29 sold, typical $275K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at twice the 2016 price

593 sales in the last year, against 965 in 2021 and a low of 111 in 2013. The typical sale went from $153K in 2016 to $317K.

Homes soldTypical sale price
02505007501000$175K$250K$325K$400K2012: 122 sold, typical $138K’122013: 111 sold, typical $163K2014: 268 sold, typical $144K’142015: 522 sold, typical $145K2016: 708 sold, typical $153K’162017: 662 sold, typical $172K2018: 696 sold, typical $173K’182019: 735 sold, typical $186K2020: 868 sold, typical $204K’202021: 965 sold, typical $234K2022: 784 sold, typical $274K’222023: 691 sold, typical $291K2024: 759 sold, typical $295K’242025: 651 sold, typical $311KLast 12 months: 593 sold, typical $317KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Cleveland

Houseat $191 a sq ft
Condoat $189 a sq ft
The same money in Tennesseeat $209 a sq ft

Is this asking price fair?

Check a listing against what Cleveland homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Cleveland are back to pre-pandemic levels, with about as many homes for sale

We read every month of Cleveland’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 593 sales.

If you’re buying in Cleveland

  • Shop in August. It brings about 83 new listings a month, close to the busiest month, with fewer bidding wars (16% over asking).
  • Offer under asking. Buyers paid 97.4% of the list price on average; 14% paid over.
  • You’ll usually have time. Only 22% of homes go under contract within two weeks; the typical one takes 72 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

August has the most new listings (about 83 a month), but July is the most competitive: 20% of July sales close over asking. November has the least competition (15%).

New listings a monthShare sold over asking
021.342.563.88513%27%40%Sweet spotJan: 62 new listings a month, 18% sold over asking, 86 days to sellJFeb: 61 new listings a month, 17% sold over asking, 91 days to sellFMar: 76 new listings a month, 20% sold over asking, 78 days to sellMApr: 75 new listings a month, 18% sold over asking, 65 days to sellAMay: 81 new listings a month, 19% sold over asking, 73 days to sellMJun: 83 new listings a month, 20% sold over asking, 66 days to sellJJul: 77 new listings a month, 20% sold over asking, 67 days to sellJAug: 83 new listings a month, 16% sold over asking, 65 days to sellASep: 71 new listings a month, 20% sold over asking, 65 days to sellSOct: 67 new listings a month, 17% sold over asking, 65 days to sellONov: 52 new listings a month, 15% sold over asking, 79 days to sellNDec: 44 new listings a month, 18% sold over asking, 77 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Tennessee as a whole

Cleveland now2017–192021 peakTN now
Sold over askingShare of sales that closed above the list price14%15%30%14%
Gone within two weeksShare of homes under contract within 14 days22%6%22%27%
Listings with a price cutShare of homes for sale that cut their price30%—8%25%
Price paid vs. askingAverage sale price ÷ list price97.4%97.5%99.2%97.3%
Days to sellMedian days from listing to contract72795070
Supply

258 homes for sale on a typical day

That’s 2.9 times the 2012 low (88) and 14% more than in 2017–19.

2012: 88 for sale’122013: 165 for sale2014: 291 for sale2015: 277 for sale’152016: 265 for sale2017: 218 for sale2018: 237 for sale’182019: 221 for sale2020: 191 for sale2021: 173 for sale’212022: 183 for sale2023: 188 for sale2024: 273 for sale’242025: 236 for saleLast 12 months: 258 for saleNow
Room to negotiate

1 in 3 listings has cut its price

30% in the last year, against — in 2017–19 and 25% across Tennessee.

2021: 8%’212022: 15%2023: 17%2024: 23%’242025: 28%Last 12 months: 30%Now
Prices by type

Since 2019, houses are up 74%, condos 52%

A house typically sold for $329K in the last year (525 sales), a condo for $235K (19).

$175K$250K$325K$400K2013201520172019202120232025NowHouses 2013: $169K, 108 salesHouses 2014: $154K, 243 salesHouses 2015: $149K, 478 salesHouses 2016: $156K, 663 salesHouses 2017: $173K, 615 salesHouses 2018: $176K, 644 salesHouses 2019: $189K, 669 salesHouses 2020: $207K, 789 salesHouses 2021: $242K, 877 salesHouses 2022: $281K, 711 salesHouses 2023: $293K, 600 salesHouses 2024: $312K, 641 salesHouses 2025: $321K, 570 salesHouses last 12 months: $329K, 525 salesHouses $329KCondos 2015: $163K, 5 salesCondos 2016: $189K, 5 salesCondos 2017: $179K, 7 salesCondos 2018: $145K, 11 salesCondos 2019: $155K, 18 salesCondos 2020: $176K, 26 salesCondos 2021: $188K, 24 salesCondos 2022: $248K, 16 salesCondos 2023: $291K, 16 salesCondos 2024: $285K, 15 salesCondos 2025: $218K, 14 salesCondos last 12 months: $235K, 19 salesCondos $235K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Tennessee

Cleveland ranks 63rd of 108 busy Tennessee markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Cleveland is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Cleveland home costs about $1,807 a month

Mortgage
Property tax
Insurance
Rent

Price: Cleveland’s typical sale, last 12 months. Property tax at Cleveland’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Cleveland is affordable on local pay is on Cost of living.

Before you buy in Cleveland

Six things worth knowing

83

New listings in August

The month with the most choice. December has the fewest, about 44.

Best time to buy
0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $317K home, about $1,840 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Cleveland, from test results, graduation and how much students grow.

Schools in Cleveland
21 min

Typical commute

The average one-way trip to work for people who live in Cleveland.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Hopewell, Wildwood Lake, Varnell, Etowah and Dayton sell for less a square foot

The busier markets within 25 miles of Cleveland, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Cleveland593$317K$19014%72
South Cleveland137$310K$19717%64
Dayton79$280K$17113%76
Etowah68$216K$15618%80
Wildwood Lake50$287K$17624%85
Hopewell28$395K$18314%76
Varnell23$346K$16017%84

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Cleveland, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Cleveland. People who follow the town see it, and so do people comparing Cleveland with their own town. No commission, no listing fee.

Questions about buying a home in Cleveland

What do homes sell for in Cleveland, TN?

593 homes sold in the year to May 2026 at a typical $317K, $190 a square foot. Houses sold for about $329K, condos for about $235K.

Is Cleveland a buyer’s or seller’s market?

A balanced market: 295 homes were for sale in May 2026 and 54 sold, about 5.5 months of supply. Buyers paid 97.4% of asking on average, and 30% of listings cut their price.

When is the best time to buy in Cleveland?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Cleveland?

About 0.6% of a home’s value a year. On a $317K home that’s near $1,840.

Where can I see homes for sale in Cleveland?

Zillow, Redfin, Realtor.com and Homes.com all carry Cleveland’s MLS listings; the search links above open each one filtered to Cleveland.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).