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All market snapshots / 37312

Cleveland, TN 37312 Housing Market

Data snapshot: July 18, 2026. Closed-sale window: last 6 months.
Cleveland, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.31
ActiveActive listings: 3636PendingPending sales: 4747
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): $400k$400kSoldMedian sold price (last 6 months): $360k$360k
What homes actually sell for in Cleveland, TN
Distribution of 487 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $270k to $470k
$210k to $274k: 104 sales104sales$210k$274k to $339k: 79 sales$339k to $403k: 94 sales$339k$403k to $468k: 63 sales$468k to $532k: 41 sales$468k$532k to $596k: 28 sales$596k to $661k: 25 sales$596k$661k to $725k: 5 salesMedian $360k

What the numbers say

As of July 18, 2026, Resideline is tracking 36 active listings and 47 pending sales in ZIP code 37312. That pending-to-active ratio of 1.31 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $399,900, while the median of the 487 closed sales Resideline tracked over the last six months was $360,000. 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 1 days.

Frequently asked questions

What is the median home price in 37312?

The median closed sale price in Cleveland, TN 37312 was $360,000 over the last six months, based on 487 closed sales tracked by Resideline. The middle half of those sales ranged from $269,500 to $470,000.

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

Resideline is currently tracking 47 pending sales against 36 active listings in 37312, a pending-to-active ratio of 1.31. 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.

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