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Cleveland, TN 37312 Housing Market

Data snapshot: August 26, 2026. Closed-sale window: last 6 months.
Cleveland, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.80
ActiveActive listings: 3535PendingPending sales: 6363
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): $422k$422kSoldMedian sold price (last 6 months): $361k$361k
What homes actually sell for in Cleveland, TN
Distribution of 494 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $273k to $460k
$210k to $266k: 97 sales97sales$210k$266k to $321k: 70 sales$321k to $377k: 80 sales$321k$377k to $432k: 73 sales$432k to $488k: 55 sales$432k$488k to $544k: 32 sales$544k to $599k: 19 sales$544k$599k to $655k: 20 salesMedian $361k

What the numbers say

As of August 26, 2026, Resideline is tracking 35 active listings and 63 pending sales in ZIP code 37312. That pending-to-active ratio of 1.80 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $422,000, while the median of the 494 closed sales Resideline tracked over the last six months was $360,800. 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. The median active listing in 37312 has been on the market for 3 days.

Frequently asked questions

What is the median home price in 37312?

The median closed sale price in Cleveland, TN 37312 was $360,800 over the last six months, based on 494 closed sales tracked by Resideline. The middle half of those sales ranged from $273,120 to $460,000.

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

Resideline is currently tracking 63 pending sales against 35 active listings in 37312, a pending-to-active ratio of 1.80. 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 seller's market.

Nearby ZIP code market data

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