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Cleveland, TX—77328

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$259,000
1.1% YoY Growth
Household Income
$57,700
1.4% YoY Growth
Days on Market
38
10.0% Longer YoY
Home Price Forecast
N/A
Median Rent
$1,900
5.7% YoY Growth
1-Bed Rent
$1,250
11.6% YoY Growth
2-Bed Rent
$1,300
9.7% YoY Growth
3-Bed Rent
$1,700
8.5% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Cleveland, TX

Cleveland, TX lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$259,000-1.1%
Single Family $259,000-1.5%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    $224,000
    1.4%
    3 Bed
    		$242,000-3.2%
    4 Bed
    		$283,000-4.1%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    2.4%
    1 Bedroom
    4.9%
    2 Bedrooms
    24.2%
    3 Bedrooms
    49.3%
    4 Bedrooms
    16.8%
    5+ Bedrooms
    2.3%

    Rental Trends — Cleveland, TX

    As of July '25, Rentcast reports the average rent in Cleveland, TX is $1,850, with a year-over-year rent change of 5.7%. Per bedroom, the median rent as of July '25 in Cleveland, TX is 1-bedrooms: $1,250, 2-bedrooms: $1,300, 3-bedrooms: $1,780, 4-bedrooms: $2,040. The most common rental property sizes in Cleveland, TX are 3-bedroom and 2-bedroom, accounting for 51.0% and 25.8% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,900$1,850
    Studio Rent N/AN/A
    1 Bed Rent $1,250$1,250
    2 Bed Rent $1,300$1,300
    3 Bed Rent $1,700$1,780
    4 Bed Rent $1,940$2,040
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    % of Rental Stock

    Studio
    7.9%
    1 Bedroom
    12.6%
    2 Bedrooms
    25.8%
    3 Bedrooms
    51.0%
    4 Bedrooms
    1.3%
    5+ Bedrooms
    1.5%

    Property Listings — Cleveland, TX

    As of May '26, Realtor.com reports that the median days on market for a home in Cleveland, TX is 38. This is a increase of 10.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$276,000-3.0%
    Listing Count
    		102-2.0%
    Listings as % of Homes1.1%-2.0%
    Days on Market
    		3810.0%
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    Demographics — Cleveland, TX

    As of the latest ACS Survey released in 2023, Cleveland, TX has a population of 17,800, which has increased by 11.9% over the past 5 years. Cleveland, TX is a moderately popular place for families, as children make up 24.5% of the population. The area has a poorly educated workforce, with 9.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		17,80011.9%
    % Under 18
    		24.5%-14.3%
    % Seniors
    		14.9%3.5%
    % WFH
    		6.0%122.2%
    % w/ College Degree
    		9.8%-3.0%
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    As of the latest ACS Survey released in 2023, Cleveland, TX is a predominantly white area, with 61.2% of the population identifying as white. The white population has shrunk by 17.5% in the last 5 years. The second most common race or ethnicity in Cleveland, TX is hispanic, making up 33.3% of the population. Foreign-born residents account for 17.9% of the population in Cleveland, TX, and this percentage has increased by 86.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		61.2%-17.5%
    % Black
    		2.4%60.0%
    % Hispanic
    		33.3%48.7%
    % Asian
    		0.9%200.0%
    % Foreign Born
    		17.9%86.5%
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    Mortgage and Risk — Cleveland, TX

    According to HUD data as of 2023, there were 224 mortgage originations in Cleveland, TX, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 58.0% above 90% LTV (very high). This implies large mortgage risk in Cleveland, TX. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		224
    % Conventional Loans
    		64.0%
    % Government Loans
    		36.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		6.0%
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    Rentals and Section 8 — Cleveland, TX

    As of 2024, the percent of homes in Cleveland, TX under the Section 8 program is 0.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Cleveland, TX, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

    Section 8 Market Size

    Total Units under HUD
    		6
    Total Units Section 8
    		0
    % Rentals under Section 8
    		0.0%
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$240$1,250$1,010
    2 Bedroom-$120$1,300$1,180
    3 Bedroom-$130$1,700$1,570
    4 Bedroom-$90$1,940$1,850

    Affordability — Cleveland, TX

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.5
    Median Home Price$259,000
    Median Household Income$57,700

    Cleveland, TX — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    77372

    Conroe, TX

    77306

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    77378

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    Frequently Asked Questions