Learn more about Homes for Sale in Cleveland FL. When you are market for a stunning home in a small town, you should look up the homes for sale in Cleveland, Florida. This is an area that has been census designated, and it is located in Charlotte County, Florida. To the north you have the Peace River, and to the west the Solana, Punda Gorda community. As at 2010, the population in this area was at 2,990 people. The population in Cleveland has been on the decline, which means that there are plenty of houses that are available for sale.
What to Expect in Cleveland FL
The average value of a home that is available for sale is $77,000. This is because more than 95% of all the homes here are below the price of $200,000. This is a number that is much lower than the state average. This means that housing in Cleveland allows you to experience all the benefits of living in Florida, at only a fraction of the cost.
You will find that the community in Cleveland is predominantly suburban. Home owners here have an average income of $36,145 and over fifty percent of them are married. Of these, there are 11% of families that have children. The homes that they occupy are large, since 39.2% of the units for housing here have three or more bedrooms. This is an indication that this is an excellent place that one can purchase a home to care for their family.
To earn a living, you will find that people hold down both blue collar and white collar jobs. The cost of housing is an indication that most people have blue collar jobs, and the statistics on their numbers reveal that there are 87%.
One reason that there are so many blue-collar jobs available in this place is the level of education of the people living here. More than 85% of the residents have graduated from high school, but there are only 8% of the residents who have managed to attain a bachelor’s degree.
Should you purchase a home so that you can get a return on your investment, you will find that you can only charge an average of $638 for rent each month. This is way below the average for the US. However, if you choose to pay for your home using a mortgage, you can expect to make an approximate monthly payment of $1122.
More than sixty percent of the homes are occupied by owners, there are twenty percent which are not occupied and the rest are rented. Most of the homes in Cleveland are relatively modern, having been built after 1990.
Cleveland, FL Home Buying Information
- First Time Home Buyers – Are you a first home time buyer in Cleveland Florida? There are many new loan programs out there, if you have a little money there are programs out there for you! A new conventional loan program out that offer 3% down. Get more information about First Time Home Buyers Program in Cleveland.
- VA Loan Programs for Veterans – This is an awesome program for Veterans, the VA guaranteed a loan to honorable discharged Veterans. First step is to go to the nearest Cleveland Veteran Affair office to get a certificate. To see if you qualify for a VA home loan, fill out the form and receive a call from one of our preferred VA mortgage lenders.
- Cleveland FL Foreclosure Properties – If you are investor or just interested in buying Cleveland FL foreclosure homes for sale or Cleveland FL real estate for sale at below market value? Use my search page Cleveland Foreclosure homes to find out more.
- Down Payment Assistance Programs – There are several Cleveland mortgage down payment assistance programs from county to the state bond program, our preferred lenders can assist you in finding the right home loan program to fit you’re needs!
When you purchase your home in Cleveland, you will find that 85% of your neighbors are white, and the second largest group of people are of Latino origin.
Getting a Job in Cleveland, FL
The unemployment rate in Cleveland is at 17.62% which is quite high. The disadvantage of this is that there are less skilled workers in the area, and this is also an indication that the economy here is struggling a little bit.
There are various factors that make Cleveland and excellent place for you to make your next home purchase. To begin with, you are likely to get an excellent deal when you are buying a house, as buyers have a big advantage. This is because of the high unemployment rate, the fact that this place has an aging population, and also the negative population growth. Rather than bank on making money through rent, purchase a home in Cleveland FL, and you will have an amazing place for your summer vacation. Read more information about Buying a Home, or if you are looking to sell your home. Use our advance FloridaMLS to find Central Florida Homes for Sale . Get the latest news from our Florida Real Estate Blog on the current events related to the real estate market in your area.
List of Houses for Sale in Cleveland Florida
The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of My Florida Regional Multiple Listing Service, Inc. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.