36Alpha

Cleveland, TN metro area Housing Market Brief

metro · TN · as of August 2026

Buyer's

What is Cleveland, TN metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-40.412
Inventory Health25%
+17.343
Affordability20%
+25.450
Economic Strength20%
40
Rental Yield15%
+15.034

Where is Cleveland, TN metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Cleveland, TN metro area is classified as Recovering turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Cleveland, TN metro area?

Our model forecasts Cleveland, TN metro area’s home prices to decline about 1.6% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Cleveland, TN metro area housing market data

MetricValueYoY
Median Sale Price$289K-9.7%
Median Days on Market64 days▲ +8.5%
Months of Supply4.1▲ +5.1%
Homes for Sale766▲ +14.2%
Homes Sold194▲ +10.2%
Median Price / Sq Ft$190-2.2%

How has Cleveland, TN metro area’s Alpha Score moved?

Now: 36
12-period trend
Median sale price · 12 mo

Markets like Cleveland, TN metro area

Frequently asked questions

Is Cleveland, TN metro area a buyer's or seller's market?

As of August 2026, Cleveland, TN metro area is classified as a Buyer's Market, based on its Alpha Score of 36 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Cleveland, TN metro area?

The median sale price in Cleveland, TN metro area is $289K, having fallen 9.7% over the past year.

How affordable is Cleveland, TN metro area?

Cleveland, TN metro area scores 50 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Cleveland, TN metro area's Alpha Score?

Cleveland, TN metro area's strongest dimension is Affordability (50/100) and its weakest is Price Momentum (12/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Cleveland, TN metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.