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Cleveland, TN 37311 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Cleveland, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.10
ActiveActive listings: 6262PendingPending sales: 66
Cleveland, TN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $304k$304kSoldMedian sold price (last 6 months): $258k$258k
What homes actually sell for in Cleveland, TN
Distribution of 273 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $185k to $350k
$59k to $127k: 30 sales$59k$127k to $194k: 31 sales$194k to $262k: 71 sales71sales$194k$262k to $330k: 41 sales$330k to $397k: 44 sales$330k$397k to $465k: 19 sales$465k to $532k: 6 sales$465k$532k to $600k: 4 salesMedian $258k

What the numbers say

As of September 14, 2026, Resideline is tracking 62 active listings and 6 pending sales in ZIP code 37311. That pending-to-active ratio of 0.10 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $304,500, while the median of the 273 closed sales Resideline tracked over the last six months was $257,750. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 37311 for 92 days.

Frequently asked questions

What is the median home price in 37311?

The median closed sale price in Cleveland, TN 37311 was $257,750 over the last six months, based on 273 closed sales tracked by Resideline. The middle half of those sales ranged from $185,000 to $350,000.

Is 37311 a buyer's or seller's market?

Resideline is currently tracking 6 pending sales against 62 active listings in 37311, a pending-to-active ratio of 0.10. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 37311 currently looks like a balanced market.

Nearby ZIP code market data

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