Call or Text (240) SELL-123

CLEVELAND, MS 38732

Real Estate Market Report
Seller's Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The CLEVELAND, MS real estate market (38732) currently shows 60 active listings, with 16 pending sales. Homes are averaging 56 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 56 days on market compared to 70 days last year.

The median listing price has risen 24.7% year-over-year, from $168,000 to $209,500.

Whether you are buying or selling in CLEVELAND, MS, 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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for CLEVELAND, MS 38732 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 16,741  ·  Density: 73.2/mi²  ·  Median household income: $44,095

Typical home value: $151,086  ·  Homeownership: 60.6%

Market Overview

Active Listings
60
⇩ 9.1% vs 66 last year
Pending
16
27% pending ratio
Median Price
$209,500
⇧ 24.7% vs $168,000 last year
Average Price
$238,398
⇧ 11.8% vs $213,145 last year
Days on Market
56
⇩ 20% vs 70 days last year

Price Per Square Foot

Median $/sqft
$104
⇧ 7.2% vs $97/sqft last year
Median Home Size
2,104 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 60 this year vs 66 last year
  • Days on market: 56 now vs 70 last year

Median & Average Pricing

Year over Year
  • Median: $209,500 (+24.7% YoY)
  • Average: $238,398 (+11.8% 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 36.9 miles — 275 listings ($50,779,801 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38732Cleveland, MS 387320.0 mi49$11,077,822$179,500$226,078
38730Boyle, MS 387306.3 mi5$1,442,395$375,000$288,479
38771Ruleville, MS 3877111.6 mi8$910,920$108,250$113,865
38774Shelby, MS 3877414.7 mi1$78,000$78,000$78,000
38740Duncan, MS 3874020.6 mi1$165,000$165,000$165,000
38751Indianola, MS 3875121.1 mi43$8,254,839$184,763$191,973
38772Scott, MS 3877224.8 mi1$270,000$270,000$270,000
38720Alligator, MS 3872025.4 mi3$519,999$95,000$173,333
38756Leland, MS 3875626.2 mi10$2,114,310$193,500$211,431
38703Greenville, MS 3870327.1 mi36$4,192,776$80,625$116,466
38614Clarksdale, MS 3861428.7 mi42$7,382,256$148,750$175,768
38701Greenville, MS 3870135.8 mi71$13,664,234$173,500$192,454
38921Charleston, MS 3892136.9 mi5$707,250$141,450$141,450

Frequently Asked Questions

How many homes are for sale in CLEVELAND, MS 38732?

As of June 2026, there are 60 active listings in CLEVELAND, MS (zip code 38732), compared to 66 the prior year.

What is the median home price in CLEVELAND, MS 38732?

The median listing price in CLEVELAND, MS 38732 is $209,500 as of June 2026, a 24.7% increase from $168,000 the prior year.

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

Homes in CLEVELAND, MS 38732 spend an average of 56 days on the market before going under contract, compared to 70 days the prior year.

Is it a seller's or buyer's market in CLEVELAND, MS 38732?

Based on current inventory and days-on-market data as of June 2026, CLEVELAND, MS 38732 is currently a Seller's Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 56 days on market compared to 70 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CLEVELAND, MS 38732 save an estimated $4,190 compared to a typical 5% commission on the median listing price of $209,500. 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.