37323 — Cleveland, TN Home Values
Typical home value $307,218 as of June 2026 · 5th of 13 in Cleveland, TN
Blue: typical home value (Zillow ZHVI) in ZIP code 37323, June 2021 to June 2026. This page shows observed data only; no forecast.
How 37323 compares in the Cleveland, TN area
ZIP code 37323 (Cleveland, TN) has a typical home value of $307,218 as of June 2026, ranking 5th of 13 ZIP codes tracked in the Cleveland, TN area, more expensive than about 69% of ZIP codes in the metro. Prices here have moved +2.2% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +36.9%, from $224,448 in June 2021 to $307,218 in June 2026. Against observed rent, the typical home here sells for 15.3× the annual rent ($1,677/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Cleveland, TN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Cleveland.
Population and demographics
ZIP code 37323 has a population of 30,764, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 89.7% White, 6.3% Hispanic or Latino, 1.7% two or more races, 1.3% Black or African American, 0.5% American Indian or Alaska Native, 0.4% another race, and 0.1% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Lake Forest Middle School | 610 Kile Lake RD, Cleveland, TN | 1.9 mi |
| Taylor Elementary School | 5265 Bates PIKE, Cleveland, TN | 2.6 mi |
| Waterville Community Elementary School | 4081 Dalton Pike, Cleveland, TN | 3.1 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 37323?
$307,218 as of June 2026, the latest month Zillow has published observed data for.
Is 37323 an expensive ZIP code in the Cleveland, TN area?
37323 ranks 5th of 13 ZIP codes in the Cleveland, TN area by typical home value, more expensive than about 69% of ZIP codes in the metro.
How much have home values in 37323 changed over the past year?
+2.2% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 37323?
The typical home price is 15.3× the observed annual rent in this ZIP code ($1,677/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 37323?
30,764, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 37323?
Lake Forest Middle School (1.9 mi), Taylor Elementary School (2.6 mi), Waterville Community Elementary School (3.1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 37323?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Cleveland, TN forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.