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Cleveland, TN 37311 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Cleveland, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.03
ActiveActive listings: 6363PendingPending sales: 22
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): $350k$350kSoldMedian sold price (last 6 months): $258k$258k
What homes actually sell for in Cleveland, TN
Distribution of 251 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $195k to $362k
$60k to $136k: 31 sales$60k$136k to $212k: 38 sales$212k to $289k: 68 sales68sales$212k$289k to $365k: 40 sales$365k to $441k: 30 sales$365k$441k to $518k: 13 sales$518k to $594k: 3 sales$518k$594k to $670k: 3 salesMedian $258k

What the numbers say

As of October 5, 2026, Resideline is tracking 63 active listings and 2 pending sales in ZIP code 37311. That pending-to-active ratio of 0.03 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $349,900, while the median of the 251 closed sales Resideline tracked over the last six months was $258,500. 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 91 days.

Frequently asked questions

What is the median home price in 37311?

The median closed sale price in Cleveland, TN 37311 was $258,500 over the last six months, based on 251 closed sales tracked by Resideline. The middle half of those sales ranged from $194,900 to $362,470.

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

Resideline is currently tracking 2 pending sales against 63 active listings in 37311, a pending-to-active ratio of 0.03. 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

Full Cleveland, TN housing market report →

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