Is Cleveland, SC 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 Last Month

Since last month, Cleveland has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Cleveland, SC

How much do homes in Cleveland, SC cost?

Median Sold Price

$271,000

-

Based on all homes sold in November 2024.

Difference Since Last Month

-$311,500(-53.5%)

Key Takeaway

Homes in Cleveland have sold for 53.5% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$271K
N/A
3 $582.5K-
N/A
4 --
N/A
5+ --
N/A

Summary: Cleveland housing prices by bedroom type for November 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 did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Cedar Mountain
+434.7%
Marietta
+149.0%
Cleveland
-53.5%

Housing Supply in Cleveland, SC

How many homes are available in Cleveland, SC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1518+20.0%

Summary: The Cleveland real estate market had 18 homes for sale in November 2024, a 20.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 910
+11.1%
4 01
+100.0%
5+ 11
0.0%

Summary: The Cleveland housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
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.

Summary: A total of 2 homes were sold or pending in Cleveland in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Cleveland, SC

How long does it take to sell a home in Cleveland, SC?

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Cleveland has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Cleveland; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 21 Days Ago

Newest Listings in Cleveland, SC

Nearby Markets to Cleveland, SC

What housing markets are near Cleveland, SC?