Is Cleveland, AL 35049 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 8.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8.3Under 4 months = seller’s market
Sold above original list20%Share of sales, last 3 months
Median sale-to-list97.5%Sold price ÷ list price
Median days on market62Listing to accepted offer
Median price per sq ft$163▲ +3.5% vs. last year

The Cleveland housing market right now

In the three months ending August 31, 2026, 20% of homes in Cleveland, AL 35049 sold above their list price, the typical home went under contract in 62 days and there were 8.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 5 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 7%, homes sold faster (76 days then) and the median sale price fell 15% to $194,916. Overall, Cleveland is more competitive than a year ago, so tougher for buyers.

Within Blount County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in 60%.

Nearby, buyers who want less competition could look at Trafford 35172 (0% sold over asking) or Oneonta 35121 (10% sold over asking), while Hayden 35079 (36% sold over asking) and Blountsville 35031 (33% sold over asking) are even more competitive.

Nearby markets

Blountsville 35031Buyer’s market $165 /sq ftHayden 35079Seller’s market $165 /sq ftLocust Fork 35097 — /sq ftOneonta 35121Buyer’s market $130 /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 8.3 months of supply in Cleveland, AL 35049 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 62 days in the latest three months.

Do homes in Cleveland sell over asking?

20% of homes sold above their original list price, and the typical sale closed at 97.5% of the list price.

What are property taxes in Cleveland?

About 0.30% of a home’s value a year in Blount County, or roughly $1,200 on a $400,000 home.

What is the median home price in Cleveland?

The median sale price was $194,916 in the three months ending August 31, 2026, about $163 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