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Cleveland, Tennessee housing market and home prices

Cleveland, Tennessee home prices: the Zillow Home Value Index placed the typical home at $308,369 in September 2026, up +1.1% from a year earlier and −0.7% under the May 2026 peak of $310,418.

Value of a typical home
$308,369
September 2026, Zillow ZHVI
Change over 12 months
Since September 2025, +1.1%.
Change over 10 years
Since September 2016, +100.6%.
Multiple from 2000
Value ×2.9, starting from $105,969.
Time on the market
68
Realtor.com for the Cleveland, TN metro.

Cleveland, Tennessee home prices since 2000

Cleveland, Tennessee appears on the steel line, while the United States appears on the grey line. The typical Cleveland, Tennessee home changed from $105,969 in January 2000 to $308,369, a ×2.91 gain. For the US, the increase over those months was ×2.99. The boom high was $151,755 in March 2008. The low reached $129,964 in April 2012, a −14.4% change.

$100k$150k$200k$250k$300k$350k$400k200020052010201520202025Jan 2000 · $105,969$366,157$308,369Sep 2026Cleveland, TennesseeUnited States$100k$150k$200k$250k$300k$350k$400k200020102020Jan 2000 · $106k$366k$308kSep 2026
The Zillow Home Value Index measures typical homes and applies smoothing and seasonal adjustments. Zillow Research data.
January 2000 · $105,969

Cleveland, Tennessee: median home price by year

Each yearly figure averages the twelve monthly values; for 2026, it shows the latest month.

YearCleveland, TennesseeChange on the yearUnited States
2000$107,442$125,745
2001$113,322+5.5%$134,899
2002$114,434+1.0%$144,276
2003$119,022+4.0%$155,308
2004$125,183+5.2%$169,891
2005$133,109+6.3%$189,732
2006$143,150+7.5%$206,531
2007$149,864+4.7%$208,449
2008$150,442+0.4%$195,574
2009$142,668−5.2%$177,542
2010$141,320−0.9%$171,462
2011$139,770−1.1%$162,508
2012$131,008−6.3%$161,137
2013$133,197+1.7%$171,420
2014$139,342+4.6%$182,996
2015$145,435+4.4%$192,738
2016$152,549+4.9%$204,509
2017$160,930+5.5%$216,767
2018$171,875+6.8%$230,541
2019$181,590+5.7%$242,088
2020$197,383+8.7%$257,151
2021$231,635+17.4%$295,959
2022$270,730+16.9%$340,014
2023$284,027+4.9%$348,160
2024$302,190+6.4%$359,751
2025$306,488+1.4%$362,959
September 2026$308,369+1.1%$366,157

Current value of Cleveland, Tennessee homes bought in any year

This estimate uses an index for a typical home rather than an appraisal.

The annual figure averages twelve monthly index values. The current value is September 2026. Other choices include a home appreciation calculator.

Are you considering a sale? You can compare local agents through Realtor.com. Advertising disclosure: the site may receive payment for links like this one, but it never changes a number. Disclosure.

Cleveland, Tennessee housing market forecast

For the Cleveland, TN metro, Zillow's forecast calls for +0.4% during the 12 months beginning September 2026. It also expects −0.4% over the next three months. Cleveland, Tennessee's typical value is $308,369. If the forecast holds, it would reach about $309,600 a year later.

This repeats Zillow's central estimate for the metro. The site does not publish its own forecast. Such 12-month forecasts typically differ from the realised change by several percentage points above or below it. This is not investment advice.

Find forecasts for every metro in one table: housing market forecast.

Cleveland, Tennessee housing market crash risk score

High, with a score of 66 of 100

The score compares Cleveland, Tennessee with 292 cities using five conditions that were high before earlier price declines. Every input is ranked from 0 to 100 compared with the other cities. The five scores are then averaged with equal weight. The score shows current conditions; it does not predict a crash.

InputValueSub-scoreWeight
Active listings vs 2019+49.6%8820%
Time on the market vs 2019+17.2%7620%
Price-to-rent ratio18.35220%
12-month price change+1.1%4720%

This is not investment advice. Learn how the inputs receive their scores: methodology. A ranking of all 292 cities: crash risk rankings by city.

Cleveland, Tennessee inventory and days on market

In September 2026 the Cleveland, TN metro listed 685 homes for sale, up +24.0% from a year earlier and +49.6% from the same month in 2019. Listings had a median sale time of 68 days (+17.2% against 2019), while 22.4% had a reduced price.

Cleveland, TN metro, September 2026ValueOn a year
Active listings685+24.0%
New listings170
Median days on market68+23.6%
Median list price$380,000+1.2%
Share with a price cut22.4%

Metro inventory source: Realtor.com® Economic Research. Realtor.com. For each metro, see Days on market by city.

Living and rent costs in Cleveland, Tennessee

Cleveland, Tennessee's typical asking rent is $1,406 a month according to the Zillow Observed Rent Index, +0.7% from a year earlier. Paying that rent for 18.3 years adds up to the price of a typical home. BEA reports metro prices at 88.1, where the US average is 100, and puts housing costs at 60.3.

Additional housing markets across Tennessee

For the entire state: Tennessee housing market.

How to read this chart

Each plotted value comes from the Zillow Home Value Index for Cleveland, Tennessee. It represents a typical home in the market's middle third, smoothed and seasonally adjusted, in that month's dollars. The terracotta dot shows the latest month, while the hollow dot shows the month selected on the slider. These figures are not adjusted for inflation. An index follows the typical home rather than any one house, so to value a single property, use its own sale price in the card above or the appreciation calculator.