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Sarah Mitchell

CNESRESABR

Compass Real Estate · Cleveland, MS

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Cleveland, MS(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Cleveland, MS Housing Market & Real Estate

Balanced market-8.8% YoY

Housing market overview · Updated monthly ·

$117,500median sale price

How is the Cleveland, MS housing market right now?

The median home sale price in Cleveland, MS is $117,500, down 8.8% year-over-year. Homes sell in an average of 275 days with 4 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Cleveland a buyer's or seller's market?

Balanced market1.3 months of supply275 avg. days on market

Cleveland, MS is currently a balanced market, based on 1.3 months of supply and homes selling in about 275 days. How we determine this →

Homes sold

3

Last 12 weeks

Days on market

275

Average pace

Active listings

4

1.3 months supply

Sale-to-list

79.1%

Below asking

What does the Cleveland housing market data show?

Current housing market statistics for Cleveland, MS
MetricValue
Median sale price$117,500
Median list price$212,000
Year-over-year price change-8.8%
Average days on market275 days
Active inventory4 listings
Months of supply1.3 months
Sale-to-list price ratio79.1%
Median price per sq ft$77/sq ft
Homes sold (latest month)3
New listings (latest month)1
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Cleveland by property type?

How the Cleveland, MS market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Cleveland, MS
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$117,500$77/sq ft3275 days
Townhouse$220,000$129/sq ft18 days

Source: Redfin · Updated monthly

The Cleveland housing market is currently classified as a balanced market with a median sale price of $117,500. Prices have fallen 8.8% compared to last year, with homes spending an average of 275 days on market, indicating 1.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.2x provides context for how home values compare to local earning capacity.

Homes for sale in Cleveland

There are currently 4 homes listed for sale in Cleveland, Mississippi. The median listing price is $212K.

Active listings

4

Homes on market

Median list price

$212K

Avg. days on market

275

Days until sale

New this week

1

Newly listed

Sale-to-list:79.1%

Who lives in Cleveland?

Population

10,855

Median income

$43,519/yr

Median age

34.7 years

Owner-occupied

65.9%

College grads

34.2%

Avg commute

18.2 min

Source: U.S. Census Bureau ACS

What are homes worth in Cleveland?

Zillow home value

$141,309

Price-to-income

3.2x

Source: Zillow Research

What is it like to live in Cleveland?

Cleveland is a community of approximately 11K residents with a median age of 34.7 years.The median household income is $43,519, which represents a working-class community with solid middle-income opportunities. 34.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 65.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 18.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Cleveland offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Cleveland?

8 schools tracked · 2,160 students

The largest public schools serving Cleveland, MS by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

CLEVELAND CENTRAL HIGH SCHOOL

Grades 9-12 · 816 students

Public

CLEVELAND CENTRAL MIDDLE SCHOOL

Grades 7-8 · 408 students

Public

D.M. SMITH ELEMENTARY

Grades 3-6 · 257 students

Public

NAILOR ELEMENTARY SCHOOL

Grades PK-2 · 251 students

Public

PARKS ELEMENTARY SCHOOL

Grades PK-6 · 243 students

Public

PEARMAN ELEMENTARY SCHOOL

Grades 1-6 · 185 students

Public

ALTERNATIVE SCHOOL

Grades 5-12

Alternative

CLEVELAND VOC TECH COMPLEX

Grades 8-12

Vocational

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Cleveland, MS?

Want a head-to-head view? Compare Cleveland side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Cleveland?

The median home sale price in Cleveland is $117,500, down 8.8% from last year.

How long do homes stay on market in Cleveland?

Homes typically spend 275 days on market before going under contract.

What is the median income in Cleveland?

The median household income is $43,519 per year.

Is Cleveland a buyer's or seller's market?

With 1.3 months of supply, Cleveland is currently a balanced market.

What is the Zillow home value estimate for Cleveland?

The Zillow Home Value Index (ZHVI) for Cleveland is $141,309, representing the typical home value in the area.

How much does a single-family home cost in Cleveland?

The median single-family home price in Cleveland, MS is $117,500 (about $77 per square foot).

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