Cleveland, TN—37310
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cleveland, TN
As of Oct '25, the median home price in Cleveland, TN is $344,000, with a year-over-year change of 0.3%. This indicates that home prices in Cleveland, TN are flat. According to Zillow, the 1-year price projection is 2.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $344,000 | 0.3% |
| Single Family | $344,000 | 0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $382,000 | 1.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Cleveland, TN
Cleveland, TN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $795 | $795 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $795 | $795 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Cleveland, TN
As of Oct '25, Realtor.com reports that the median days on market for a home in Cleveland, TN is 50. This is a decrease of -6.0% 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $360,000 | -51.0% |
Listing Count | 17 | 72.0% |
| Listings as % of Homes | 0.6% | 72.0% |
Days on Market | 50 | -6.0% |
Demographics — Cleveland, TN
As of the latest ACS Survey released in 2023, Cleveland, TN has a population of 3,820, which has decreased by -18.2% over the past 5 years. Cleveland, TN is a moderately popular place for families, as children make up 17.9% of the population. The area has a poorly educated workforce, with 10.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,820 | -18.2% |
% Under 18 | 17.9% | -28.4% |
% Seniors | 19.5% | 29.1% |
% WFH | 4.0% | -54.0% |
% w/ College Degree | 10.3% | -35.2% |
As of the latest ACS Survey released in 2023, Cleveland, TN is a predominantly white area, with 90.1% of the population identifying as white. The white population has grown by 8.7% in the last 5 years. The second most common race or ethnicity in Cleveland, TN is black, making up 4.3% of the population. Foreign-born residents account for 1.9% of the population in Cleveland, TN, and this percentage has decreased by 24.0% 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 | 90.1% | 8.7% |
% Black | 4.3% | -41.9% |
% Hispanic | 2.7% | -59.7% |
% Asian | 0.1% | ∞% |
% Foreign Born | 1.9% | -24.0% |
Mortgage and Risk — Cleveland, TN
Cleveland, TN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Cleveland, TN
Cleveland, TN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$5 | $795 | $790 |
| 2 Bedroom | N/A | N/A | $1,030 |
| 3 Bedroom | N/A | N/A | $1,340 |
| 4 Bedroom | N/A | N/A | $1,380 |
Affordability — Cleveland, TN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $344,000 |
| Median Household Income | $76,400 |