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Cleveland, TN 37312 Housing Market

Data snapshot: August 3, 2026. Closed-sale window: last 6 months.
Cleveland, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.58
ActiveActive listings: 3636PendingPending sales: 5757
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): $366k$366k
What homes actually sell for in Cleveland, TN
Distribution of 504 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $277k to $470k
$210k to $274k: 97 sales97sales$210k$274k to $339k: 85 sales$339k to $403k: 95 sales$339k$403k to $468k: 71 sales$468k to $532k: 43 sales$468k$532k to $596k: 31 sales$596k to $661k: 24 sales$596k$661k to $725k: 6 salesMedian $366k

What the numbers say

As of August 3, 2026, Resideline is tracking 36 active listings and 57 pending sales in ZIP code 37312. That pending-to-active ratio of 1.58 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 504 closed sales Resideline tracked over the last six months was $366,350. 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 2 days.

Frequently asked questions

What is the median home price in 37312?

The median closed sale price in Cleveland, TN 37312 was $366,350 over the last six months, based on 504 closed sales tracked by Resideline. The middle half of those sales ranged from $276,800 to $470,400.

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

Resideline is currently tracking 57 pending sales against 36 active listings in 37312, a pending-to-active ratio of 1.58. 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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