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: January 2026

Median Sale Price

$159K

71.7% YoY

Days on Market

112 days

138.3% YoY

Active Inventory

31

16.2% YoY

Homes Sold

2

100.0% 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 January 2026, the median home sale price is $159K, down 71.7% year-over-year. Homes are spending a median of 112 days on the market, 138.3% longer than a year ago.

There are 31 homes for sale — 16.2% fewer than last year. With 15.5 months of supply, this is a buyer's market. 1 new listings were added during this period, down 83.3% year-over-year.

Homes are selling for 86.5% of their list price on average, suggesting room for negotiation. 0.0% of homes sell above their asking price. 16.1% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

88

Contributing Factors

Months of Supply 15.5
Days on Market 112
Price Drops 16.1%
Sale-to-List Ratio 86.5%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 62.5%
Days on Market (National: 66) 69.7%
Inventory (National: 1,210,379) 100.0%

vs. Mississippi Median

Median Price (Mississippi: $251K) 36.8%
Days on Market (Mississippi: 64) 75.0%

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 62% below the national median, which could indicate stronger cash flow potential.

Cleveland, MS metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$50K

Price per Sq Ft

$86

Sale-to-List Ratio

86.5%

Months of Supply

15.5

Sold Above List

0.0%

Price Drops

16.1%

New Listings

1

83.3% YoY

Pending Sales

1

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.