The story of this market
The typical home in ZIP 37320 sells for about $332,301, or $191 per square foot.
Prices are up +7.9% from a year ago, so sellers still have some momentum. Homes take about 69 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,600 a month.
ZIP 37320 — Cleveland
The housing market in ZIP 37320 is currently balanced, with home prices showing moderate year-over-year growth. Demand remains steady, supported by the area's strong industrial employment base and relative affordability compared to larger metropolitan centers. While days on market have increased slightly, the market remains healthy for both buyers and sellers.
This ZIP is well-suited for families and professionals seeking a balance between suburban affordability and access to the Chattanooga metropolitan economy. It appeals to those looking for a stable community environment with established local industry and recreational access.
Median prices moved up 7.9% year over year.
Homes spend a median of 69 days on market with 2.7 months of supply — a fast-moving market.
34% of listings have cut prices · homes sell at 98.1% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 11.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 37320, Bradley County TN
Crime rates in the Cleveland area are generally consistent with regional averages for mid-sized Tennessee cities, with property crime being the primary concern. Local law enforcement maintains active community outreach programs to address neighborhood safety trends.
Public schools in the area are primarily served by the Cleveland City Schools and Bradley County Schools districts, which generally maintain stable performance ratings. The area is noted for having a mix of well-regarded public institutions and private educational options.
The region is subject to standard Tennessee climate risks, including occasional severe thunderstorms and potential for localized flooding in low-lying areas. Property insurance markets remain stable, though premiums are influenced by regional weather patterns.
Cleveland serves as a significant industrial and manufacturing hub in East Tennessee, with major employers in the automotive and food production sectors. Infrastructure development is ongoing to support the city's role as the principal city of the Cleveland metropolitan area.
Property taxes are assessed at the county and city levels based on appraised values determined by the Bradley County Assessor. The jurisdiction utilizes a consolidated tax structure, and exemptions are available for qualifying seniors and disabled veterans under state law.
Residents primarily rely on personal vehicles for commuting, with I-75 serving as the main artery connecting the area to the broader Chattanooga employment core. Average commute times are moderate, reflecting the suburban nature of the ZIP.
The area features access to several local parks, greenways, and proximity to the Hiwassee River for outdoor activities. Shopping and dining are concentrated along the Keith Street corridor, providing a central hub for local amenities.
The rental market is characterized by steady demand driven by the local workforce and students, with vacancy rates remaining relatively low. Short-term rental activity is present but primarily concentrated in areas closer to regional attractions.
The economy is anchored by a strong manufacturing base, including major employers in the automotive supply chain and food processing industries. The city serves as a regional economic hub for Bradley and Polk counties.
Transportation is dominated by highway access via I-75, which facilitates regional travel. Public transit options are limited, with most residents relying on private vehicles for daily commutes.
Development efforts are focused on expanding commercial infrastructure along major corridors and revitalizing the historic downtown district. Residential growth is steady, with new subdivisions appearing on the city's periphery.
The Bradley County Assessor's office manages property appraisals, conducting periodic reappraisals to ensure tax assessments align with current market values.
Parcels in this ZIP are subject to city and county property taxes, with additional assessments for school district funding and local utility services.
Property insurance remains generally available, though homeowners are advised to maintain coverage for wind and storm damage common in the region.
Data retrieved from US Census Bureau and local market aggregators.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Dave & Buster’s Chattanooga4.418.2 mi
- Urban Air Trampoline and Adventure Park4.317.8 mi
- Sky Zone Trampoline Park4.417.5 mi
- Breakout Games519 mi
- Jumpin' Junction4.33.4 mi
- Dave & Buster’s Chattanooga4.418.2 mi
- Howe Farms4.89.9 mi
- Urban Air Trampoline and Adventure Park4.317.8 mi
- Outdoor Adventure Rafting4.911.9 mi
- Sky Zone Trampoline Park4.417.5 mi
- Ocoee Riverside Farm4.910.7 mi
- UEC Theatres 144.54.3 mi
- Red Clay State Historic Park4.812.1 mi
- Outdoor Adventure Rafting4.911.9 mi
- Deer Park4.60.7 mi
- Tennessee Valley Railroad Museum4.819.7 mi
- Red Clay State Historic Park4.812.1 mi
- Prater's Mill Historic Site4.618.4 mi
- Museum Center at 5ive Points4.70.2 mi
- Cherokee Trail of Tears State Park4.818.6 mi
- Red Clay State Historic Park4.812.1 mi
- Deer Park4.60.7 mi
- Fletcher Park4.51.8 mi
- Imagination Station Playground4.812.9 mi
- White Oak Mountain Trails4.812.9 mi
- B&B Marina, Paradise Point Restaurant, The Pavilion at B&B Restaurant4.611.9 mi
- Harbor Lights Marina4.414.1 mi
- Island Cove Marina & Resort4.514 mi
- Lakeshore Marina4.219.5 mi
- Island Cove Marina4.514.2 mi
- The Honors Course4.810.7 mi
- Cleveland Country Club4.56.8 mi
- Chatata Valley Golf & Country Club4.35.3 mi
- Waterville Golf Course3.73.9 mi
- Publix Super Market at Mouse Creek4.63.6 mi
- Publix Super Market at Snow Hill Village4.611.6 mi
- Bradley Square Mall3.83.6 mi
- Ross Dress for Less4.33.9 mi
- T.J. Maxx4.23.6 mi
- Chattanooga Metropolitan Airport4.420 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major private university that serves as a cultural and educational anchor for the city.
A multi-use trail system providing recreational space for walking, running, and cycling.
A regional museum focusing on the history and culture of the Ocoee region.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.