Cleveland, MS Housing Update: Inventory Edges Up as Values Adjust
Cleveland, MS – March 14, 2026 – Home values trend lower year over year while listings rise modestly, with steady demand across Bolivar County.
Cleveland, MS continues to show a mixed housing picture this month, with modest inventory growth and softer home values compared with a year ago.
Top takeaways
- Median listing price in ZIP 38732 is about $170K, with more than 100 homes on the market.
- For-sale inventory is up roughly 5% year over year, while days on market have increased.
- Average home values in Cleveland have declined year over year, reflecting a cooling phase.
Market snapshot
In ZIP 38732, the median listing price is approximately $170K, with a median price per square foot near $94 and around 100 active listings. Homes are taking longer to sell than last year, with days on market up year over year.
Zillow’s most recent data shows the average Cleveland home value near $139K, down about 5% from a year ago. Realtor.com reports that while listing counts have increased compared with early 2025, price growth remains relatively flat and price per square foot is lower than a year ago. Together, these indicators point to a market that is more balanced than the fast-moving conditions seen in prior years.
What’s for sale nearby
Current listings include a mix of established single-family homes, smaller investment properties, and buildable lots. Newer subdivisions and available residential lots are noted along Laughlin Road and in developments such as Chatmoss Phase II and Mocking Trail Square, according to local chamber information. Buyers seeking rental or short-term rental opportunities face relatively limited local regulation beyond standard municipal and state requirements.
Outlook
With inventory slightly higher and values adjusting, buyers may find more negotiating room this spring, while sellers will need to price carefully to align with longer marketing times. Activity over the next quarter will likely hinge on regional employment trends and mortgage rate stability.
What are you seeing on the ground in Cleveland’s neighborhoods — more listings, price cuts, or steady demand?
Sources
https://www.realtor.com/realestateandhomes-search/38732/overview
https://www.zillow.com/home-values/74976/cleveland-ms-38733/
https://www.realtor.com/realestateandhomes-search/Cleveland_MS/explore
https://clevelandmschamber.com/community/housing/
https://www.strprofitmap.com/regulations/MS/cleveland