TN · Metro #163

Clarksville - TN housing market

The Clarksville metro has a typical home value of $294,345, down 0.5% from a year ago. Homes sell in 26 days on average, a balanced market. 29% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$294,345
-0.5% vs. year ago
Median sale price
$299,167
+4.2% YoY
Median list price
$323,333
Sale-to-list ratio
98.0%
Selling below ask
Days on market
26d
Listings w/ price cut
28.7%
New listings / mo
586
+8.5% YoY
Homes for sale
1,955
+12.1% YoY
Typical rent
$1,336/mo
+1.2% YoY
Context

How to read this data

The typical home value ($294,345) is the Zillow Home Value Index for the Clarksville - TN metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are down 0.5% over the past year. A home worth $295,824 last year is now worth roughly $294,345.

The median sale price , what homes actually close for , is $299,167. Homes are selling at 98.0% of list price, meaning buyers have room to negotiate.

Homes listed in Clarksville - TN sit on the market for roughly 26 days before going pending. Shorter = seller's market; longer = buyer's market.

About 28.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 586 new listings hit the market each month in Clarksville - TN. There are currently 1,955 homes for sale, up 12.1% from a year ago.

The typical monthly rent in Clarksville - TN is $1,336, up 1.2% year over year. For investors, the price-to-rent ratio here is roughly 18x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

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Related

Other metros in TN

MetroHome value1-yr changeDays on market
Nashville - TN$457,809 -0.9% 24.0d
Memphis - TN$247,919 +0.1% 26.0d
Knoxville - TN$370,149 +1.9% 17.0d
Chattanooga - TN$327,580 +-0.0% 23.0d
Kingsport - TN$249,420 +1.2% 14.0d
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