Is Cleveland, MO 64734 a buyer’s or seller’s market?

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

Cleveland is a seller’s market. With about 2.7 months of supply and 29% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.7Under 4 months = seller’s market
Sold above original list28.6%Share of sales, last 3 months
Median sale-to-list100.1%Sold price ÷ list price
Median days on market14Listing to accepted offer
Median price per sq ft$233▲ +20.2% vs. last year

The Cleveland housing market right now

In the three months ending August 31, 2026, 29% of homes in Cleveland, MO 64734 sold above their list price, the typical home went under contract in 14 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold faster (26 days then) and the median sale price rose 35% to $540,766. Overall, Cleveland is less competitive than a year ago, which gives buyers more room.

Within Cass County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 73%.

Nearby, buyers who want less competition could look at Drexel 64742 (0% sold over asking) or Creighton 64739 (0% sold over asking), while East Lynne 64743 (100% sold over asking) and Archie 64725 (33% sold over asking) are even more competitive.

Nearby markets

Archie 64725Seller’s market $180 /sq ftBelton 64012Seller’s market $178 /sq ftCreighton 64739Seller’s market $179 /sq ftDrexel 64742Seller’s market $203 /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 seller’s market: there were 2.7 months of supply in Cleveland, MO 64734 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 14 days in the latest three months.

Do homes in Cleveland sell over asking?

29% of homes sold above their original list price, and the typical sale closed at 100.1% of the list price.

What are property taxes in Cleveland?

About 0.86% of a home’s value a year in Cass County, or roughly $3,440 on a $400,000 home.

What is the median home price in Cleveland?

The median sale price was $540,766 in the three months ending August 31, 2026, about $233 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