Cleveland, TX housing market
The typical Cleveland home is worth about $233,000, down 3.7% in a year, 22% below the Texas typical home. Homes typically sell in 69 days, below asking.
Home values, sales, trends and how Cleveland compares with the towns next door — updated as new data is published.
Cleveland at a glance
A balanced market
About 5.4 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Cleveland | Texas |
|---|---|---|
| 2017 | $155,000 | $190,000 |
| 2018 | $164,000 | $202,000 |
| 2019 | $171,000 | $214,000 |
| 2020 | $183,000 | $223,000 |
| 2021 | $204,000 | $242,000 |
| 2022 | $235,000 | $286,000 |
| 2023 | $244,000 | $313,000 |
| 2024 | $242,000 | $311,000 |
| 2025 | $240,000 | $311,000 |
| 2026 | $242,000 | $303,000 |
| August 2026 | $233,000 | $299,000 |
No new homes permitted in 2025
No permits for new homes were issued in Cleveland in 2025. The last year with any was 2024 (43 new homes).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Cleveland's population fell by 204 even though 138 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Texas: 2.6 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 4 | 4 | 0 | $989,000 |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 43 | 43 | 0 | $10.6 million |
| 2023 | 186 | 186 | 0 | $46 million |
| 2022 | 205 | 205 | 0 | $51.1 million |
| 2021 | 190 | 190 | 0 | $45.2 million |
| 2020 | 140 | 140 | 0 | $31.3 million |
| 2019 | 60 | 60 | 0 | $14.2 million |
| 2018 | 24 | 22 | 2 | $4.1 million |
| 2017 | 11 | 9 | 2 | $1.5 million |
| 2016 | 3 | 3 | 0 | $372,000 |
| 2015 | 8 | 8 | 0 | $881,000 |
| 2014 | 19 | 19 | 0 | $1.9 million |
| 2013 | 1 | 1 | 0 | $117,000 |
| 2012 | 5 | 5 | 0 | $296,000 |
| 2011 | 2 | 2 | 0 | $155,000 |
| 2010 | 5 | 5 | 0 | $308,000 |
| 2009 | 5 | 5 | 0 | $357,000 |
| 2008 | 5 | 5 | 0 | $372,000 |
| 2007 | 13 | 13 | 0 | $1.1 million |
| 2006 | 26 | 26 | 0 | $1.9 million |
| 2005 | 22 | 22 | 0 | $1.5 million |
| 2004 | 10 | 10 | 0 | $883,000 |
| 2003 | 14 | 14 | 0 | $855,000 |
| 2002 | 11 | 11 | 0 | $965,000 |
| 2001 | 4 | 4 | 0 | $430,000 |
| 2000 | 4 | 4 | 0 | $127,000 |
How Cleveland ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Cleveland and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Cleveland | $233K | −3.7% | $1,180 | 0 | $54,519 |
| North Cleveland | — | −0.7%† | $1,260 | — | $95,368 |
† FHFA price index change, where Zillow has no home value for the town.
4.3 years of income
The typical Cleveland home costs about 4.3 years of the town's median household income, more than across Texas (3.8 years).
How Cleveland ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,180
HUD's Fair Market Rent for a two-bedroom in Cleveland is $1,180 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Cleveland pay a median of $930, so moving in tends to cost more than staying put. A two-bedroom takes about 26% of the town's median household income.
Studio $960 · 4 bedrooms $1,990
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (77327, 77328; Houston-The Woodlands-Sugar Land, TX 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.