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Sarah Mitchell

CNESRESABR

Compass Real Estate · Cleveland, NC

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

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

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Cleveland, NC Housing Market & Real Estate

Seller's market+8.7% YoY

Housing market overview · Updated monthly ·

$262,000median sale price

How is the Cleveland, NC housing market right now?

The median home sale price in Cleveland, NC is $262,000, up 8.7% year-over-year. Homes sell in an average of 25 days with 3 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 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?

Seller's market3.0 months of supply25 avg. days on market

Cleveland, NC is currently a seller's market, based on 3.0 months of supply and homes selling in about 25 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

25

Average pace

Active listings

3

3.0 months supply

Sale-to-list

102.4%

Above asking

What does the Cleveland housing market data show?

Current housing market statistics for Cleveland, NC
MetricValue
Median sale price$262,000
Year-over-year price change+8.7%
Average days on market25 days
Active inventory3 listings
Months of supply3.0 months
Sale-to-list price ratio102.4%
Median price per sq ft$208/sq ft
Homes sold (latest month)1
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Cleveland by property type?

How the Cleveland, NC 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, NC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$262,000$208/sq ft125 days

Source: Redfin · Updated monthly

The Cleveland housing market is currently classified as a seller's market with a median sale price of $262,000. Prices have risen 8.7% compared to last year, with homes spending an average of 25 days on market, indicating 3.0 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 5.4x provides context for how home values compare to local earning capacity.

Homes for sale in Cleveland

There are currently 3 homes listed for sale in Cleveland, North Carolina.

Active listings

3

Homes on market

Avg. days on market

25

Days until sale

Sale-to-list:102.4%

Who lives in Cleveland?

Population

1,053

Median income

$60,063/yr

Median age

33.3 years

Owner-occupied

73.3%

College grads

26.6%

Avg commute

31.9 min

Source: U.S. Census Bureau ACS

What are homes worth in Cleveland?

Zillow home value

$321,897

Price-to-income

5.4x

Source: Zillow Research

What is it like to live in Cleveland?

Cleveland is a community of approximately 1K residents with a median age of 33.3 years.The median household income is $60,063, which represents a working-class community with solid middle-income opportunities. 26.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 73.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.9 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Cleveland offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Cleveland?

2 schools tracked · 1,040 students

The largest public schools serving Cleveland, NC 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.

West Rowan Elementary

Grades PK-5 · 618 students

Public

Cool Spring Elementary

Grades PK-5 · 422 students

Public

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, NC?

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 $262,000, up 8.7% from last year.

How long do homes stay on market in Cleveland?

Homes typically spend 25 days on market before going under contract.

What is the median income in Cleveland?

The median household income is $60,063 per year.

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

With 3.0 months of supply, Cleveland is currently a seller's market.

What is the Zillow home value estimate for Cleveland?

The Zillow Home Value Index (ZHVI) for Cleveland is $321,897, 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, NC is $262,000 (about $208 per square foot).

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