Cleveland, TN Foreclosures
How much do homes sell for in Cleveland, TN?
The average home price is currently $301,001.
In Cleveland, TN, how many homes are available?
There are currently 433 active home listings available in Cleveland.
What’s the average rental cost in Cleveland, TN?
The average rental price in Cleveland is $1,202.
What is the most expensive home in Cleveland?
The most expensive home sold in Cleveland had a price of $19,630,342.
What is currently the cheapest priced home in Cleveland, TN?
The cheapest home for sale in Cleveland is priced at $10,031.
Living in Cleveland, TN
Cleveland, TN, is a charming city with a welcoming community, renowned for its historical significance and rich culture. The area is a blend of outdoor adventures, family-friendly activities, and a variety of local amenities. With its excellent schools and annual festivities, Cleveland is an ideal place to call home.
Current Market Conditions in Cleveland, TN
The real estate market in Cleveland, TN, has experienced significant growth over the past year, with home prices steadily increasing due to the rising demand and limited inventory. Neighborhoods like North Cleveland and South Cleveland have become particularly sought after, attracting new families and retirees. This strong demand has created a competitive environment for homebuyers, but it also presents an excellent opportunity for real estate investors looking to capitalize on the burgeoning market.
In terms of rental properties, there has been a marked increase in rental prices, reflecting the area's popularity. As more individuals seek homes closer to local amenities and quality schools, the rental sector is robust, making it a favorable market for landlords.
Home Value Estimator For Cleveland, TN
There are currently 33,162 real estate properties
in Cleveland, TN,
with a median automated valuation model (AVM) price
of $258,568.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Cleveland, TN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Cleveland, TN,
is $301,001.00, with the most expensive house
in Cleveland, TN, topping out
at $19,630,342.00 and the cheapest home
in Cleveland, TN,
clocking in at $10,031.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cleveland, TN!
Rent Prices
In Cleveland, TN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cleveland, TN, is on
a rollercoaster ride. The
average rent price in Cleveland, TN,
is $1,202.00. Indeed, when looking to rent in
Cleveland, TN, you can expect to pay as little
as $490.00 or as much
as $3,660.00,
with the average rent median estimated to
be $1,170.00. The good news is that finding
an affordable and desirable property to rent in Cleveland, TN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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