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Sarah Mitchell

CNESRESABR

Compass Real Estate · Cleveland, TX

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

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

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Cleveland, TX Housing Market & Real Estate

Buyer's market-29.5% YoY

Housing market overview · Updated monthly ·

$174,045median sale price

How is the Cleveland, TX housing market right now?

The median home sale price in Cleveland, TX is $174,045, down 29.5% year-over-year. Homes sell in an average of 69 days with 98 active listings. The market is currently a buyer'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?

Buyer's market5.4 months of supply69 avg. days on market

Cleveland, TX is currently a buyer's market, based on 5.4 months of supply and homes selling in about 69 days. How we determine this →

Homes sold

18

Last 12 weeks

Days on market

69

Average pace

Active listings

98

5.4 months supply

Sale-to-list

91.0%

Below asking

What does the Cleveland housing market data show?

Current housing market statistics for Cleveland, TX
MetricValue
Median sale price$174,045
Median list price$237,040
Year-over-year price change-29.5%
Average days on market69 days
Active inventory98 listings
Months of supply5.4 months
Sale-to-list price ratio91.0%
Median price per sq ft$109/sq ft
Homes sold (latest month)18
New listings (latest month)24
Listings with a price cut22.4%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Cleveland by property type?

How the Cleveland, TX 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, TX
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$174,045$109/sq ft1869 days

Source: Redfin · Updated monthly

The Cleveland housing market is currently classified as a buyer's market with a median sale price of $174,045. Prices have fallen 29.5% compared to last year, with homes spending an average of 69 days on market, indicating 5.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 4.2x provides context for how home values compare to local earning capacity.

Homes for sale in Cleveland

There are currently 98 homes listed for sale in Cleveland, Texas. The median listing price is $237K.

Active listings

98

Homes on market

Median list price

$237K

Avg. days on market

69

Days until sale

New this week

24

Newly listed

Price drops:22.4%of listings
Sale-to-list:91.0%

Who lives in Cleveland?

Population

8,137

Median income

$54,888/yr

Median age

31.5 years

Owner-occupied

59.0%

College grads

10.4%

Avg commute

34.5 min

Source: U.S. Census Bureau ACS

What are homes worth in Cleveland?

Zillow home value

$227,990

Zillow rent index

$1,679/mo

Price-to-rent ratio

11.3x

Price-to-income

4.2x

Source: Zillow Research

What is it like to live in Cleveland?

Cleveland is a community of approximately 8K residents with a median age of 31.5 years.The median household income is $54,888, which represents a working-class community with solid middle-income opportunities. 10.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 59.0%, showing a blend of owner and renter-occupied properties. The average commute time is 34.5 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?

17 schools tracked · 15,196 students

The largest public schools serving Cleveland, TX 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 H S

Grades 9-12 · 3,592 students

Public

CLEVELAND MIDDLE

Grades 6-8 · 1,458 students

Public

COTTONWOOD EL

Grades PK-5 · 1,116 students

Public

NORTHSIDE EL

Grades PK-5 · 1,097 students

Public

SOUTHSIDE EL

Grades PK-5 · 1,052 students

Public

SANTA FE MIDDLE

Grades 6-8 · 988 students

Public

EASTSIDE EL

Grades PK-5 · 877 students

Public

ILTEXAS BG RAMIREZ EL

Grades K-5 · 873 students

Charter

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, TX?

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

Is Cleveland a good real estate investment market?

For investors evaluating Cleveland, the price-to-rent ratio of 11.3x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 29.5% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Cleveland's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Cleveland's median home price.

Frequently asked questions

What is the average home price in Cleveland?

The median home sale price in Cleveland is $174,045, down 29.5% from last year.

How long do homes stay on market in Cleveland?

Homes typically spend 69 days on market before going under contract.

What is the median income in Cleveland?

The median household income is $54,888 per year.

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

With 5.4 months of supply, Cleveland is currently a buyer's market.

What is the Zillow home value estimate for Cleveland?

The Zillow Home Value Index (ZHVI) for Cleveland is $227,990, 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, TX is $174,045 (about $109 per square foot).

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