Zip 37311 (Cleveland, TN) Housing

The housing market in 37311 Cleveland, TN has become increasingly desirable. The median value of housing in the area is currently $206,200 and has been steadily appreciating at an impressive rate of 13.88% over the last year. This is higher than the US house median value of $338,100 and the one-year appreciation rate of 8.27%. With such a strong appreciation rate, people interested in buying or investing in property in 37311 Cleveland can expect to see a significant return on their investment over time.

The median home cost in Cleveland (zip 37311) is $206,200. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Cleveland (zip 37311) is up 22.8%.

Average Age of Homes

- The median age of Cleveland (zip 37311) real estate is 41 years old

The Rental Market in Cleveland (zip 37311)

- Renters make up 46.4% of the Cleveland (zip 37311) population
- 2.8% of houses and apartments in Cleveland (zip 37311), 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
	12,412.0	139,647,020.0
	43	42
	$206,200	$338,100
	22.8%	16.6%
	73.7%	57.0%
	99.2%	101.1%
	$6.06	$10.98
	$994	$2,690
	40.0%	57.4%
	10.4%	11.2%
	49.6%	31.4%
Vacant Housing
	2.8%	1.9%
	1.8%	0.4%
	0.1%	0.7%
	0.3%	0.4%
	0.4%	3.6%
	5.0%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	1.1%	2.4%
	4.3%	2.8%
	5.9%	3.9%
	7.0%	4.5%
	25.8%	11.3%
	17.2%	13.0%
	17.4%	20.1%
	11.9%	13.6%
	2.4%	8.3%
	2.6%	9.7%
	2.3%	3.9%
	0.2%	2.2%
	0.1%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.7%	13.6%
	7.7%	13.6%
	16.3%	13.6%
	15.1%	13.2%
	16.3%	14.8%
	16.3%	13.6%
	10.9%	10.0%
	5.4%	4.7%
	8.6%	12.2%

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