Is Cleveland, NC 27013 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Cleveland is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list99.2%Sold price ÷ list price
Median days on market45Listing to accepted offer
Median price per sq ft$179▼ −2.7% vs. last year

The Cleveland housing market right now

In the three months ending August 31, 2026, 33% of homes in Cleveland, NC 27013 sold above their list price, the typical home went under contract in 45 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 5%, homes sold faster (48 days then) and the median sale price rose 25% to $342,852. Overall, Cleveland is more competitive than a year ago, so tougher for buyers.

Within Rowan County, homes here sell faster than in 73% of the county’s ZIP codes, and sell more often over asking than in 91%.

Nearby, buyers who want less competition could look at Spencer 28159 (0% sold over asking) or Granite Quarry 28072 (0% sold over asking).

Nearby markets

China Grove 28023Seller’s market $202 /sq ftGold Hill 28071Buyer’s market $239 /sq ftGranite Quarry 28072 $171 /sq ftLandis 28088Seller’s market $178 /sq ft Browse all markets →

Where Cleveland is

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Questions about Cleveland real estate

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

A buyer’s market: there were 9.6 months of supply in Cleveland, NC 27013 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Cleveland?

The typical home went under contract in 45 days in the latest three months.

Do homes in Cleveland sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 99.2% of the list price.

What are property taxes in Cleveland?

About 0.65% of a home’s value a year in Rowan County, or roughly $2,600 on a $400,000 home.

What is the median home price in Cleveland?

The median sale price was $342,852 in the three months ending August 31, 2026, about $179 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology