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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cleveland is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Cleveland was a Buyer's Market.

Key Takeaway

Cleveland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Cleveland, SC

How much do homes in Cleveland, SC cost?

Median Sold Price

$407,500

-

Based on all homes sold in May 2024.

Difference Since Last Month

-$167,500(-29.1%)

Key Takeaway

Homes in Cleveland have sold for 29.1% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 -$304.5K
N/A
3 -$800K
N/A
4 $575K$410K
-28.7%
5+ --
N/A

Summary: Cleveland housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 28.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Slater-Marietta
-4.8%
Marietta
-21.6%
Cleveland
-29.1%

Housing Supply in Cleveland, SC

How many homes are available in Cleveland, SC?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1817-5.6%

Summary: The Cleveland real estate market had 17 homes for sale in May 2024, a 5.6% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 33
0.0%
3 99
0.0%
4 54
-20.0%
5+ 11
0.0%

Summary: The Cleveland housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

4 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.

Summary: A total of 4 homes were sold or pending in Cleveland in May 2024, up by 300.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Cleveland, SC

We’re sorry, we don't have information for this market at the moment

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

Report Updated 3 Days Ago

Newest Listings in Cleveland, SC

Nearby Markets to Cleveland, SC

What housing markets are near Cleveland, SC?