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Cleveland, TN 37312 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: 0.07
ActiveActive listings: 136136PendingPending sales: 1010
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): $408k$408kSoldMedian sold price (last 6 months): $350k$350k
What homes actually sell for in Cleveland, TN
Distribution of 480 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $259k to $460k
$200k to $262k: 103 sales103sales$200k$262k to $324k: 75 sales$324k to $386k: 83 sales$324k$386k to $448k: 57 sales$448k to $511k: 59 sales$448k$511k to $573k: 29 sales$573k to $635k: 16 sales$573k$635k to $697k: 10 salesMedian $350k

What the numbers say

As of October 5, 2026, Resideline is tracking 136 active listings and 10 pending sales in ZIP code 37312. That pending-to-active ratio of 0.07 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $407,500, while the median of the 480 closed sales Resideline tracked over the last six months was $349,900. 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 37312 for 86 days.

Frequently asked questions

What is the median home price in 37312?

The median closed sale price in Cleveland, TN 37312 was $349,900 over the last six months, based on 480 closed sales tracked by Resideline. The middle half of those sales ranged from $259,000 to $460,000.

Is 37312 a buyer's or seller's market?

Resideline is currently tracking 10 pending sales against 136 active listings in 37312, a pending-to-active ratio of 0.07. 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, 37312 currently looks like a balanced market.

Nearby ZIP code market data

Full Cleveland, TN housing market report →

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