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CLEVELAND, TN 37323

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The CLEVELAND, TN real estate market (37323) currently shows 180 active listings, with 62 pending sales. Homes are averaging 54 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 54 days on market compared to 47 days last year.

The median listing price has risen 13% year-over-year, from $314,950 to $355,849.

Whether you are buying or selling in CLEVELAND, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 31,188  ·  Density: 105.1/mi²  ·  Median household income: $65,572

Typical home value: $185,987  ·  Homeownership: 78.9%

Market Overview

Active Listings
180
⇧ 4% vs 173 last year
Pending
62
34% pending ratio
Median Price
$355,849
⇧ 13% vs $314,950 last year
Average Price
$413,358
⇩ 9.1% vs $454,570 last year
Days on Market
54
⇧ 14.9% vs 47 days last year

Price Per Square Foot

Median $/sqft
$199
⇧ 2.6% vs $194/sqft last year
Median Home Size
1,860 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 180 this year vs 173 last year
  • Days on market: 54 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $355,849 (+13% YoY)
  • Average: $413,358 (-9.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.1 miles — 1,116 listings ($564,515,938 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37323Cleveland, TN 373230.0 mi165$66,121,605$349,530$400,737
37311Cleveland, TN 373115.8 mi133$54,004,118$328,750$406,046
37361Ocoee, TN 373619.3 mi17$8,321,568$474,900$489,504
37312Cleveland, TN 373129.6 mi293$130,369,764$399,900$444,948
37310Charleston, TN 3731011.7 mi17$7,933,968$339,900$466,704
37307Benton, TN 3730712.2 mi24$13,158,360$382,425$548,265
37363Ooltewah, TN 3736313.4 mi391$250,317,418$489,950$640,198
37309Calhoun, TN 3730915.1 mi9$5,367,600$311,500$596,400
37325Delano, TN 3732515.7 mi6$2,755,002$295,000$459,167
30724Eton, GA 3072419.1 mi2$950,000$475,000$475,000
37370Riceville, TN 3737019.4 mi24$11,961,048$349,925$498,377
30726Graysville, GA 3072619.9 mi2$470,000$235,000$235,000
30755Tunnel Hill, GA 3075520.1 mi33$12,785,487$277,450$387,439

Frequently Asked Questions

How many homes are for sale in CLEVELAND, TN 37323?

As of March 2026, there are 180 active listings in CLEVELAND, TN (zip code 37323), compared to 173 the prior year.

What is the median home price in CLEVELAND, TN 37323?

The median listing price in CLEVELAND, TN 37323 is $355,849 as of March 2026, a 13% increase from $314,950 the prior year.

How long do homes stay on the market in CLEVELAND, TN?

Homes in CLEVELAND, TN 37323 spend an average of 54 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in CLEVELAND, TN 37323?

Based on current inventory and days-on-market data as of March 2026, CLEVELAND, TN 37323 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 54 days on market compared to 47 days last year.

How much can I save on real estate commission in CLEVELAND, TN?

With SELL123.com's maximum 3% commission, sellers in CLEVELAND, TN 37323 save an estimated $7,117 compared to a typical 5% commission on the median listing price of $355,849. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.