Cleveland Metro Area, TN Housing

The housing market in the Cleveland, TN Metro Area is very strong. The median value of a house in this area is $246,000, which is significantly lower than the national average of $338,100. In the last year alone, the housing appreciation rate has been an impressive 20.28%, almost double the 8.27% national appreciation rate for the same period. With such high rates of appreciation, it's no surprise that this area continues to be an attractive destination for new homeowners and investors alike.

The median home cost in Cleveland Metro Area is $246,000. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Cleveland Metro Area is up 22.8%.

Average Age of Homes

- The median age of Cleveland Metro Area real estate is 34 years old

The Rental Market in Cleveland Metro Area

- Renters make up 27.6% of the Cleveland Metro Area population
- 1.5% of houses and apartments in Cleveland Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cleveland, Tennessee	United States
	53,004.0	139,647,020.0
	35	42
	$246,000	$338,100
	22.8%	16.6%
	73.7%	57.0%
	99.2%	101.1%
	$5.59	$10.98
	$960	$2,690
	61.9%	57.4%
	9.5%	11.2%
	28.5%	31.4%
Vacant Housing
	1.5%	1.9%
	0.5%	0.4%
	0.5%	0.7%
	0.2%	0.4%
	1.7%	3.6%
	5.1%	4.1%
Value of Owner-Occupied Housing
	2.4%	2.6%
	2.7%	2.4%
	3.8%	2.8%
	3.7%	3.9%
	7.1%	4.5%
	19.5%	11.3%
	21.6%	13.0%
	23.1%	20.1%
	9.4%	13.6%
	3.2%	8.3%
	2.0%	9.7%
	1.0%	3.9%
	0.2%	2.2%
	0.2%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	16.2%	13.6%
	16.2%	13.6%
	18.7%	13.6%
	14.3%	13.2%
	17.7%	14.8%
	18.7%	13.6%
	6.3%	10.0%
	2.8%	4.7%
	5.1%	12.2%

Reviews for Cleveland

See all (0)

Write a Review

Start Your Review of Cleveland

Commute