Market Intelligence Report — MS-380

Cleveland, MS

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MS-08
As of the latest 2026 data
Cooling

Median Listing

$220K
+16.0% YoY

Pending Ratio

0.32
+10.8% YoY

Active Inventory

71
-4.0% YoY

Median DOM

67 Days
-0.7% YoY

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The Cleveland, MS market is currently classified as Cooling, with a pending ratio of 0.32 indicating that demand absorption is moderate relative to available supply. Active listings have contracted by 4.0% year-over-year, while new listings experienced a significant 40.0% annual decline.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Cleveland market right now.

Median listing prices in Cleveland have appreciated, showing a substantial 16.0% increase over the past year, reaching $219,900. Concurrently, new listings have decreased notably, down 40.0% year-over-year, contributing to a 4.0% year-over-year contraction in overall active listings. The pending ratio stands at 0.32, marking a 10.8% increase year-over-year from a lower base. The share of price-reduced listings has risen by 11.7% over the past year, now at 22.6%.

Historical Analysis

Market Trends

Median Price

$220K+8.7% MoM

Active Inventory

71-4.0% YoY

Days on Market

67-0.7% YoY

Sold Score™

47+10.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

47
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.32, the current market dynamic suggests that inventory is not under significant pressure from demand, allowing for a slower pace of transactions. The elevated share of price reductions, at 22.6%, indicates that price discipline may be tested, providing opportunities for buyers to negotiate on terms. The overall environment supports a more deliberate transaction process for available properties.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

71 active listings represent the current floor, with new supply arriving at roughly 12 per month.

Pricing Pressure
22.6%

of active listings carry a price reduction, +11.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +9.5% year-over-year.

Absorption
0.32

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Cleveland, MS? Buyer Demand Index is running at 32%.

Buyers have leverage in Cleveland, MS. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
32%
Median Days on Market
67 days
Inventory YoY
−4%

In a buyer's market, strategy beats timing. See how your home scores in Cleveland, MS and what moves the number.

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Metro Demographics

Metro Area
Cleveland, MS
CBSA Code
17380
State
MS