Cleveland, AL housing market
The typical Cleveland home is worth about $200,000, up 1.4% in a year, 17% below the Alabama typical home.
Home values, sales, trends and how Cleveland compares with the towns next door — updated as new data is published.
Cleveland at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Cleveland | Alabama |
|---|---|---|
| 2017 | $128,000 | $147,000 |
| 2018 | $133,000 | $152,000 |
| 2019 | $136,000 | $158,000 |
| 2020 | $152,000 | $170,000 |
| 2021 | $169,000 | $188,000 |
| 2022 | $192,000 | $215,000 |
| 2023 | $202,000 | $228,000 |
| 2024 | $196,000 | $233,000 |
| 2025 | $202,000 | $238,000 |
| 2026 | $197,000 | $239,000 |
| August 2026 | $200,000 | $242,000 |
2 new homes permitted in 2025
Builders were permitted 2 new homes in Cleveland in 2025, all single-family houses. That's 1.7 per 1,000 residents, slower than across Alabama (5.4).
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 2 | 2 | 0 | $592,000 |
| 2024 | 3 | 3 | 0 | $250,000 |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
2.8 years of income
The typical Cleveland home costs about 2.8 years of the town's median household income, less than across Alabama (3.8 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,020
HUD's Fair Market Rent for a two-bedroom in Cleveland is $1,020 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Cleveland pay a median of $986. A two-bedroom takes about 17% of the town's median household income.
Studio $810 · 4 bedrooms $1,430
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (35049, 35121; Birmingham-Hoover, AL HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Cleveland
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.