Is Cleveland, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Cleveland has remained a Seller's Market.
Housing Prices in Cleveland, GA
How much do homes in Cleveland, GA cost?
Median Sold Price
$307,000
$199/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cleveland was $307,000 in April 2024, down 4% from last year, and the median price per square foot was $199.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $117K | $169.9K | +45.3% |
2 Bedrooms | $241.6K | $215K | -11.0% |
3 Bedrooms | $297.7K | $325K | +9.2% |
4 Bedrooms | $373.7K | $450K | +20.4% |
5+ Bedrooms | $599K | $519K | -13.4% |
Summary: Cleveland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 45.3%, 2 bedroom homes decreased by 11%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 20.4%, and 5+ bedroom homes decreased by 13.4%.
Housing Supply in Cleveland, GA
How many homes are available in Cleveland, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
137 | 182 | +32.8% |
Summary: The Cleveland real estate market had 182 homes for sale in April 2024, a 32.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 22 | 31 | +40.9% |
2 Bedrooms | 30 | 35 | +16.7% |
3 Bedrooms | 59 | 73 | +23.7% |
4 Bedrooms | 13 | 28 | +115.4% |
5+ Bedrooms | 13 | 15 | +15.4% |
Summary: The Cleveland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40.9%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 23.7%, 4 bedroom homes increased by 115.4%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 32 | +33.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Cleveland in April 2024, up by 33.3% month-over-month. Of the 31 sold homes, 52% were sold under asking, 23% were sold at asking, and 26% were sold over asking.
Days on Market for Cleveland, GA
How long does it take to sell a home in Cleveland, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 44 Days | +65.3% |
Summary: Homes in Cleveland had an average of 44 days on market in Apr 2024, up by 65.3% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 32 homes were sold in Cleveland; 59% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.