East Cleveland, TN is known for having a lower median housing value than the national average. According to recent data, the median value of a home in East Cleveland is $143,300 while the US House median value is $338,100. Despite having a lower median house value, East Cleveland has seen greater appreciation in the past year at 13.88%, compared to 8.27% nationwide. This makes it an attractive option for people looking to invest in real estate in the area.
The median home cost in East Cleveland is $143,300. Home appreciation the last 10 years has been 99.2%. Home Appreciation in East Cleveland is up 22.8%.
Average Age of Homes
- The median age of East Cleveland real estate is 53 years old
The Rental Market in East Cleveland
- Renters make up 38.5% of the East Cleveland population
- 2.3% of houses and apartments in East Cleveland, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.