Homes for Sale in Cleveland, TN: What You Need to Know
Before moving to Cleveland, TN, you should be familiar with the local living expenses – especially when you’re moving from another state. The cost of living in Cleveland is around 10% lower than the national average, thanks to more affordable housing and healthcare. Below are the average prices for the things you need to live comfortably.
Median Home Price: $177,000
Energy Bill: $154.41 per month
Phone Bill: $164.40 per month
Gas: $2.27 a gallon
Food & Groceries: 5% higher than the national average
Healthcare: 15% lower than the national average
Sales tax: 8.25%
Cleveland's housing market comprises single-family detached houses, apartments in larger complexes or smaller buildings, and townhomes. 70% of homes are under 50 years old. Home prices are trending up with a rate of 6.2% for the past 12 months and 28.2% for the past five years, but there are currently more homes available for sale than there are buyers, which puts people looking to invest in a house in a favorable position. While 43.3% of Cleveland's homes are owned, even more units are being rented (56.7%). Like home prices, Cleveland's rents are significantly lower than the national average.
Things to Do in Cleveland
Located 30 miles from Chattanooga in southeast Tennessee, Cleveland offers its roughly 44,000 residents a mix of exciting outdoor recreation, Southern heritage, and small college town feel. For outdoor adventures with stunning sights, there's nothing better than a trip on one of the nearby rivers. Feel like an Olympic athlete riding a raft down the wild waters of Ocoee River or exploring the calmer waters of Hiwassee River in a canoe, boat, or water skis.
History buffs can discover the city's Civil War heritage and Cherokee past at one of the many historic sites around town, including Red Clay State Historic Park and Hair Conrad Cabin at Blythewood Farms. Southern hospitality with a unique local flavor awaits at the Ocoee Winery, Morris Vineyard and Winery, or Apple Valley Orchard's farmers market and bakery. Meanwhile, downtown Cleveland brings together a diverse mix of unique boutiques and shops selling local art, antiques, big brand fashion, and delicious food.
The Local Sports Scene
For a smaller town, Cleveland has a big passion for sports. The city's newest pride is its annual half marathon in May. Water-based competitions from canoeing to fishing happen regularly on the Hiwassee River. At the same time, the Cherokee National Forest and Harrison Bay State Park offer dozens of trails for hiking and biking, as well as diverse water sports. Local high schools and Cleveland State Community College have modern facilities and programs for baseball, basketball, wrestling, soccer, and many more sports disciplines.
Climate and Weather
Cleveland has a Humid Subtropical Climate with warm to hot summers and cool to cold winters. The high temperature in the hottest month, July, averages 78°F. Winter lows average 38.7°F during the coldest month, January.