Is Cleveland, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cleveland is a buyer's market

Buyer's
Market

Difference Since September 2021

At the same time last year, Cleveland was a Seller's Market.

Key Takeaway

Cleveland is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

How much do homes in Cleveland, GA cost?

Median Sold Price

$256,000

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$46,500(+22.2%)

Key Takeaway

Homes in Cleveland have sold for 22.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $93K-
N/A
2 $187.5K$166.5K
-11.2%
3 $209K$240K
+14.8%
4 $297K$292.4K
-1.5%
5+ $260K$950K
+265.4%

How many homes are available in Cleveland, GA?

Number of Homes For Sale

Aug 2022Sep 2022%
1015+50.0%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 00
0.0%
2 23
+50.0%
3 57
+40.0%
4 34
+33.3%
5+ 01
+100.0%

Number of Homes Sold

Aug 2022Sep 2022%
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cleveland, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
36 Days26 Days-29.3%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cleveland are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Cleveland, GA

There are 15 homes are for sale in Cleveland, GA real estate market. The number of homes for sale in Cleveland, GA increased by 50% between August 2022 and September 2022. While the average time on the market in September 2022 was 26 days, the median list price was $256,000. Listing prices have changed in this real estate market between August 2022 and September 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties went down by 11.2%, 3 bedrooms properties became 14.8% more expensive, prices of 4 bedrooms properties decreased by 1.5%, 5 bedrooms properties became 265.4% more expensive. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes went up by 50%, number of 3 bedrooms homes increased by 40%, 4 bedrooms homes inventory increased by 33.3%, the quantity of 5 bedrooms homes went up by 100%. In September 2022 more than 0 listings in Cleveland, GA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below.