TN · Metro #163

Clarksville - TN housing market

The Clarksville metro has a typical home value of $292,990, down 0.7% from a year ago. Homes sell in 23 days on average - a balanced market. 27% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$292,990
-0.7% vs. year ago
Median sale price
$298,750
+5.2% YoY
Median list price
$323,333
Sale-to-list ratio
97.8%
Selling below ask
Days on market
23d
Listings w/ price cut
26.9%
New listings / mo
610
+12.5% YoY
Homes for sale
1,885
+12.7% YoY
Typical rent
$1,342/mo
+1.0% YoY
Context

How to read this data

The typical home value ($292,990) 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 0.7% over the past year. A home worth $295,055 last year is now worth roughly $292,990.

The median sale price , what homes actually close for , is $298,750. Homes are selling at 97.8% of list price, meaning buyers have room to negotiate.

Homes listed in Clarksville - TN sit on the market for roughly 23 days before going pending. Shorter = seller's market; longer = buyer's market.

About 26.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 610 new listings hit the market each month in Clarksville - TN. There are currently 1,885 homes for sale, up 12.7% from a year ago.

The typical monthly rent in Clarksville - TN is $1,342, up 1.0% 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$455,958 -0.9% 22.0d
Memphis - TN$247,229 +0.1% 24.0d
Knoxville - TN$367,158 +1.8% 17.0d
Chattanooga - TN$326,370 +0.2% 22.0d
Kingsport - TN$246,242 +1.2% 15.0d
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