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Rent To Own Homes in Cleveland, TN 37311

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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 8 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 an inviting suburb set against a scenic backdrop with ample amenities and community spirit. It's perfect for families and outdoor lovers alike. The city combines rich history with a thriving community, offering strong educational options and vibrant local events.

Current Market Conditions in Cleveland, TN

The real estate market in Cleveland has demonstrated steady growth over the past year, with increasing demand for both single-family homes and townhouses. The proximity to the Chattanooga metropolitan area is a significant attractor for new buyers, particularly young professionals and families looking for affordable housing options.

Recent reports indicate that median home prices in Cleveland reflect a moderate appreciation rate, making it an attractive market for first-time homebuyers. Current inventory levels show a balanced market, leaning slightly toward a seller's advantage in certain price ranges.

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.

Cleveland, TN 37311 Rent To Own Homes

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