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Cleveland, TN 37323 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: 100100PendingPending sales: 33
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): $342k$342kSoldMedian sold price (last 6 months): $312k$312k
What homes actually sell for in Cleveland, TN
Distribution of 300 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $245k to $375k
$110k to $178k: 20 sales$110k$178k to $246k: 42 sales$246k to $314k: 74 sales$246k$314k to $382k: 79 sales79sales$382k to $450k: 32 sales$382k$450k to $519k: 8 sales$519k to $587k: 10 sales$519k$587k to $655k: 5 salesMedian $312k

What the numbers say

As of October 5, 2026, Resideline is tracking 100 active listings and 3 pending sales in ZIP code 37323. 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 $341,572, while the median of the 300 closed sales Resideline tracked over the last six months was $312,000. 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. Resideline has been seeing the median active listing in 37323 for 74 days.

Frequently asked questions

What is the median home price in 37323?

The median closed sale price in Cleveland, TN 37323 was $312,000 over the last six months, based on 300 closed sales tracked by Resideline. The middle half of those sales ranged from $245,000 to $375,000.

Is 37323 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 100 active listings in 37323, 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, 37323 currently looks like a balanced market.

Nearby ZIP code market data

Full Cleveland, TN housing market report →

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