Cleveland, SC—29661
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Cleveland, SC
Home Price Trends — Cleveland, SC
As of Oct '25, the median home price in Cleveland, SC is $215,000, with a year-over-year change of -1.9%. This indicates that home prices in Cleveland, SC are decreasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $215,000 | -1.9% |
| Single Family | $214,000 | -0.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $167,000 | -2.3% |
3 Bed | $292,000 | 1.0% |
4 Bed | $620,000 | 2.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cleveland, SC
As of July '25, Rentcast reports the average rent in Cleveland, SC is $1,220, with a year-over-year rent change of -22.8%. Per bedroom, the median rent as of July '25 in Cleveland, SC is 2-bedrooms: $1,110, 3-bedrooms: $1,450. The most common rental property sizes in Cleveland, SC are 3-bedroom and 2-bedroom, accounting for 56.7% and 34.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,220 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $875 | $1,110 |
| 3 Bed Rent | $1,450 | $1,450 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cleveland, SC
As of Oct '25, Realtor.com reports that the median days on market for a home in Cleveland, SC is 69. This is a decrease of -18.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $752,000 | -34.0% |
Listing Count | 32 | 59.0% |
| Listings as % of Homes | 1.0% | 59.0% |
Days on Market | 69 | -18.0% |
Demographics — Cleveland, SC
As of the latest ACS Survey released in 2023, Cleveland, SC has a population of 5,990, which has increased by 1.7% over the past 5 years. Cleveland, SC is a less popular place for families, as children make up 14.9% of the population. The area has a poorly educated workforce, with 17.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,990 | 1.7% |
% Under 18 | 14.9% | -31.7% |
% Seniors | 26.7% | 45.1% |
% WFH | 8.7% | 31.8% |
% w/ College Degree | 17.4% | 16.8% |
As of the latest ACS Survey released in 2023, Cleveland, SC is a predominantly white area, with 92.0% of the population identifying as white. The white population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Cleveland, SC is hispanic, making up 3.5% of the population. Foreign-born residents account for 1.0% of the population in Cleveland, SC, and this percentage has decreased by 73.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.0% | 0.2% |
% Black | 1.7% | -37.0% |
% Hispanic | 3.5% | -28.6% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.0% | -73.7% |
Mortgage and Risk — Cleveland, SC
According to HUD data as of 2023, there were 57 mortgage originations in Cleveland, SC, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Cleveland, SC. Investor activity is low, as 2.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 57 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Cleveland, SC
Cleveland, SC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 1.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $970 |
| 2 Bedroom | $215 | $875 | $1,090 |
| 3 Bedroom | -$100 | $1,450 | $1,350 |
| 4 Bedroom | N/A | N/A | $1,620 |
Affordability — Cleveland, SC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $215,000 |
| Median Household Income | $54,300 |