Cleveland, MS metro area Housing Market

Cold Market

Comprehensive housing market data for the Cleveland, MS metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$232K

85.6% YoY

Days on Market

106 days

76.7% YoY

Active Inventory

13

56.7% YoY

Homes Sold

2

33.3% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Cleveland, MS metro area Market Summary

The Cleveland, MS metro area housing market is cooling down. As of March 2026, the median home sale price is $232K, up 85.6% year-over-year. Homes are spending a median of 106 days on the market, 76.7% longer than a year ago.

There are 13 homes for sale — 56.7% fewer than last year. With 6.5 months of supply, this is a buyer's market. 6 new listings were added during this period, down 0.0% year-over-year.

Homes are selling for 92.4% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price.

Market Opportunity Score

Based on current market conditions

85

Contributing Factors

Months of Supply 6.5
Days on Market 106
Sale-to-List Ratio 92.4%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 46.9%
Days on Market (National: 55) 92.7%
Inventory (National: 1,314,690) 100.0%

vs. Mississippi Median

Median Price (Mississippi: $265K) 12.6%
Days on Market (Mississippi: 59) 79.7%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. Prices are 47% below the national median, which could indicate stronger cash flow potential.

Cleveland, MS metro area Market Trends

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Detailed Market Metrics

Median List Price

$158K

Price per Sq Ft

$110

Sale-to-List Ratio

92.4%

Months of Supply

6.5

Sold Above List

0.0%

Price Drops

N/A

New Listings

6

0.0% YoY

Pending Sales

4

Off Market in 2 Weeks

0.0%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.