Cleveland, VA Foreclosures
Current Market Conditions in in Cleveland, VA As of March 2026?
Over the past month, the Cleveland housing market has slightly cooled, with a modest reduction in sales compared to last month. However, the availability of homes remains low, and inventory levels have not significantly increased, contributing to sustained price stability. The ongoing interest from buyers ensures the market remains favorable for sellers despite seasonal trends.
How much do homes sell for in Cleveland, VA?
The average home price is currently $145,769.
In Cleveland, VA, how many homes are available?
There are currently 4 active home listings available in Cleveland.
What’s the average rental cost in Cleveland, VA?
The average rental price in Cleveland is $875.
What is the most expensive home in Cleveland?
The most expensive home sold in Cleveland had a price of $950,000.
What is currently the cheapest priced home in Cleveland, VA?
The cheapest home for sale in Cleveland is priced at $11,546.
Living in Cleveland, VA
Cleveland, Virginia is a small, scenic town nestled in the heart of Russell County. Known for its friendly atmosphere and strong sense of community, it offers a quiet lifestyle surrounded by stunning natural landscapes. Residents enjoy access to outdoor activities such as hiking and fishing, while still being close to local amenities for everyday needs.
Buyer vs Seller Market in Cleveland, VA
The real estate market in Cleveland, VA has seen steady growth over the past year, with an increase in both the number of homes sold and the median price as demand rises. The picturesque setting and community-focused lifestyle appeal to buyers looking for a retreat from urban living, leading to a competitive market with limited inventory.
Currently, homes priced under $250,000 represent a strong segment of the market, appealing to first-time buyers and investors. The market is characterized by a variety of property types from charming historic homes to modern constructions, catering to diverse buyer preferences.
Home Value Estimator For Cleveland, VA
There are currently 626 real estate properties
in Cleveland, VA,
with a median automated valuation model (AVM) price
of $123,431.00. 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, VA, 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, VA,
is $145,769.00, with the most expensive house
in Cleveland, VA, topping out
at $950,000.00 and the cheapest home
in Cleveland, VA,
clocking in at $11,546.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Cleveland, VA!
Rent Prices
In Cleveland, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Cleveland, VA, is on
a rollercoaster ride. The
average rent price in Cleveland, VA,
is $875.00. Indeed, when looking to rent in
Cleveland, VA, you can expect to pay as little
as $720.00 or as much
as $990.00,
with the average rent median estimated to
be $940.00. The good news is that finding
an affordable and desirable property to rent in Cleveland, VA
-- 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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