Cleveland, TN Housing Market

Cleveland, TN's median home value is $312K, up 4.8% over the past year. Homes here sell in a median 58 days. Its PropertyIQ Score of 11 sits below the state average of 50, marking a market positioned to lag its state over the next three years.

Understanding the Cleveland, TN housing market requires looking beyond headline price figures. The PropertyIQ Score reads both sides of market strength: Zillow price momentum across 3- and 12-month windows, and Realtor.com flow signals — days on market and the share of listings with price cuts. Together they predict how this TN metro is set to perform relative to the rest of its state.

Southeastern markets benefit from manufacturing investment, logistics infrastructure, and relative affordability compared to national averages. The region's population growth — driven by both domestic migration and natural increase — supports sustained housing demand across metro and suburban areas. Within the Southeast, Cleveland, TN's PropertyIQ Score of 11 runs below the Southeast norm.

Tennessee's no-income-tax status and central location have fueled Nashville's rise as a corporate relocation destination, while Memphis and Knoxville offer more affordable alternatives with their own economic drivers.

The PropertyIQ Score for the Cleveland, TN market is built from four inputs: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all metro markets nationally and calibrated so 50 equals the state average — a score above 50 means this market is positioned to outperform its state, and a score below 50 means it is set to lag.

Use PropertyIQ's interactive analytics to compare Cleveland, TN against any other US metro on its PropertyIQ Score and underlying metrics. Generate a free AI market report, explore historical trends on the graphs page, or see how this market ranks on the scores dashboard.