Living in Cleveland, OK
Cleveland, OK, is a welcoming small town that offers a tranquil lifestyle with a strong community spirit. Known for its lush parks and local charm, it provides residents with a great quality of life. Ideal for families and individuals seeking a slower pace, Cleveland combines rural beauty with modern amenities.
Current Market Conditions in Cleveland, OK
The real estate market in Cleveland, OK, has remained stable over the past year, with moderate price increases seen in many sectors. Buyers are finding opportunities in the market, especially as interest rates remain relatively low compared to national levels. Cleveland's housing market attracts first-time homebuyers and retirees looking for affordable housing options, benefiting from the town's peaceful lifestyle and strong community values.
In the last month, there has been a noticeable increase in buyer activity within the Cleveland area, as families continue to move from urban centers seeking more space and affordability. Homes that are well-priced tend to sell quickly, often receiving multiple offers, which is indicative of a competitive market climate. Overall, Cleveland’s real estate market is thriving with favorable conditions for sellers.
Home Value Estimator For Cleveland, OK
There are currently 2,741 real estate properties
in Cleveland, OK,
with a median automated valuation model (AVM) price
of $162,818.00. 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, OK, 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, OK,
is $191,838.00, with the most expensive house
in Cleveland, OK, topping out
at $1,782,100.00 and the cheapest home
in Cleveland, OK,
clocking in at $13,412.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cleveland, OK!
Rent Prices
In Cleveland, OK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cleveland, OK, is on
a rollercoaster ride. The
average rent price in Cleveland, OK,
is $1,105.00. Indeed, when looking to rent in
Cleveland, OK, you can expect to pay as little
as $460.00 or as much
as $2,350.00,
with the average rent median estimated to
be $1,070.00. The good news is that finding
an affordable and desirable property to rent in Cleveland, OK
-- 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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