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Cleveland, TN

Full City Profile · Tennessee · Bradley County County

3.1 /5.0
B Good
48,185 Population 1,549/sq mi density
$55,904 Median Income $31,510 per capita
$241,800 Home Value $305,821 Zillow
$966 Median Rent 30.7% income on rent
60°F Avg Temperature 301 sunny days/yr
1,021 Violent Crime/100K 5,287 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$55,904 median income, 3.3% unemployment
A
Affordability
4.2 / 5.0
$241,800 home value, $966/mo rent
F
Safety
1.0 / 5.0
1,021 violent crimes/100K (169% above avg)
B
Education
3.5 / 5.0
31.1% bachelor's degree or higher

Housing Overview

Median Home Value
$241,800
14% below
US avg: $281,900
Median Rent
$966/mo
17% below
US avg: $1,163/mo
Homeownership Rate
50.3%
23% below US avg (65.4%)
Total Housing Units
19,381
Median year built: 1980

Home Value by Source

Census Median
$241,800
Zillow (ZHVI)
$305,821
Median Sale Price
$345,000
Median List Price
$370,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

50.3%
Owner-Occupied
49.7%
Renter-Occupied
50%
50%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent: $966/mo · Zillow rent: $1,378/mo

Market Indicators (Redfin)

Median Days on Market
97 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
41
Price Drops
26.6%
of listings with price reduction
Price Per Sq Ft
$198
Active Inventory
252
homes for sale

Affordability & Housing Stock

Rent Burden
30.7%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1980
Average age of housing stock: 46 years
Homeownership Rate
50.3%

Complete Housing Data

Home Values

Census Median Value$241,800
Zillow Home Value (ZHVI)$305,821
Median Sale Price$345,000
Median List Price$370,000
Price Per Sq Ft$198

Rent

Census Median Rent$966
Zillow Rent (ZORI)$1,378
FMR Studio$882
FMR 1-Bedroom$924
FMR 2-Bedroom$1,118
FMR 3-Bedroom$1,445
FMR 4-Bedroom$1,644

Market

Days on Market97
Sale-to-List Ratio1.0%
Price Drops26.6%
Homes Sold41
Active Inventory252
Price Per Sq Ft$198

Ownership & Stock

Owner-Occupied50.3%
Renter-Occupied49.7%
Homeownership Rate50.3%
Total Housing Units19,381
Median Year Built1980
Rent Burden30.7%