The median home value in Cleveland, TN is $220,000. This is higher than the county median home value of $212,000. The national median home value is $308,980. The average price of homes sold in Cleveland, TN is $220,000. Approximately 49% of Cleveland homes are owned, compared to 42% rented, while 9% are vacant. Cleveland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Cleveland real estate agent to arrange a tour today! Learn more about Cleveland Real Estate.