Cleveland, MS Home Values & Market Trends

Real estate market trends reflect that there have been 4 transactions over the past year in Cleveland. The median value for residential home transactions that occurred over the previous year is $164,888. The number of current listings in Cleveland is 57, and the percentage of properties for sale in the city is 57.00%. Cleveland, MS currently has 5 properties in foreclosure, 1 bank owned properties, 4 properties headed for auction, and 57 properties for sale.

Cleveland, MS Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
38732

$ 164,888

$ 97/sqft

38733

$ --

$ --

Housing Market Summary for Cleveland, MS

Oct 2025October 2026Change
Median Listing Price$135K$120K-11.11%
Median Sold Price$152.6K$114.3K-25.05%
Homes For Sale7657-25.00%
Homes Sold2350.00%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Cleveland, MS

Cleveland home values range from $36,028 to $610,000. The median estimated value of a home in Cleveland is $164,888. The median list price of a home is 120,000, and the total count of properties in the city is 70.

Foreclosure
There are 2 zips within Cleveland, MS; within these zips, the median estimated home value for homes in foreclosure ranges from $160,769 in 38732 to the lowest value of $87,604 in 38732. Foreclosure homes account for 7.00% of properties in Cleveland, MS with 38732 containing 5 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Cleveland, MS with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Cleveland, MS; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Cleveland, MS ranges from the highest value of $0 in 38733 to the lowest value of $0 in 38732. Bank owned homes and properties account for 1.43% of properties in Cleveland, MS. There are 2 zips within Cleveland, MS; 38732 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    38732 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Cleveland, MS. Auction homes and other auction properties account for 5.71% of all properties in Cleveland, MS. There are 2 zips within Cleveland, MS; of those zips, the median estimated home value for homes going to auction ranges from $160,769 in 38732 to the lowest value of $87,604 in 38732.
Homes for Sale
Homes and properties that are actively listed for sale account for 81.43% of residential properties in Cleveland, MS with 38732 containing 57 homes for sale, the highest number of listed properties in a single zip. There are 2 zips within Cleveland, MS; homes for sale in those zips, have a range of median values from $610,000 in 38732 to the lowest value of $36,028 in 38732.
    Sold Homes
    The median value for recently sold homes ranges from $108,911 in 38732 to the lowest price of $76,169 in 38732. There are 2 zips within Cleveland, MS. 38732 has 3 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 4.29% of properties in Cleveland, MS.

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      Guide for Cleveland, MS

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.