Cleveland, VA Foreclosures
Current Market Conditions in in Cleveland, VA As of February 2026?
In the past month, Cleveland's real estate market has shown signs of growth, with an increase in home sales and a slight uptick in average prices. The demand for single-family homes has led to quicker sales, indicating a competitive market for prospective buyers.
How much do homes sell for in Cleveland, VA?
The average home price is currently $145,769.
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, VA is a picturesque small town surrounded by the Appalachian Mountains. The community offers a tranquil environment, with a strong sense of camaraderie among its residents. Outdoor enthusiasts can take advantage of the nearby natural landscapes for hiking, fishing, and exploring.
Buyer vs Seller Market in Cleveland, VA
The real estate market in Cleveland, VA, is characterized by a steady increase in demand for rural properties. As buyers seek a quieter lifestyle away from urban areas, the market has seen a surge in interest from first-time homebuyers and retirees. Prices remain relatively affordable, making it an attractive location for investment.
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.
Learn more on Foreclosure homes
