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Clarksville, TN—37043

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$395,000
0.1% YoY Growth
Household Income
$91,900
33.4% YoY Growth
Days on Market
70
15.0% Shorter YoY
Home Price Forecast
2.3%
Median Rent
$1,580
1.2% YoY Growth
1-Bed Rent
$895
29.3% YoY Growth
2-Bed Rent
$1,100
2.6% YoY Growth
3-Bed Rent
$1,900
1.0% YoY Growth

Other Zip Codes in Clarksville, TN

3704037042
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Clarksville, TN

As of Dec '25, the median home price in Clarksville, TN is $395,000, with a year-over-year change of 0.1%. This indicates that home prices in Clarksville, TN are flat. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$395,0000.1%
Single Family $396,0000.0%
Condos $252,0000.8%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$234,000-4.1%
    3 Bed
    		$353,0000.0%
    4 Bed
    		$461,0000.0%
    5 Bed $521,405-0.2%
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    % of Housing Stock

    Studio
    2.1%
    1 Bedroom
    4.2%
    2 Bedrooms
    21.4%
    3 Bedrooms
    45.6%
    4 Bedrooms
    20.7%
    5+ Bedrooms
    6.0%

    Rental Trends — Clarksville, TN

    As of July '25, Rentcast reports the average rent in Clarksville, TN is $1,700, with a year-over-year rent change of 1.2%. Per bedroom, the median rent as of July '25 in Clarksville, TN is studios: $795, 1-bedrooms: $936, 2-bedrooms: $1,170, 3-bedrooms: $1,930, 4-bedrooms: $2,520. The most common rental property sizes in Clarksville, TN are 2-bedroom and 3-bedroom, accounting for 56.8% and 22.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,580$1,700
    Studio Rent $795$795
    1 Bed Rent $895$936
    2 Bed Rent $1,100$1,170
    3 Bed Rent $1,900$1,930
    4 Bed Rent $2,440$2,520
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    % of Rental Stock

    Studio
    4.3%
    1 Bedroom
    9.8%
    2 Bedrooms
    56.8%
    3 Bedrooms
    22.5%
    4 Bedrooms
    5.5%
    5+ Bedrooms
    1.2%

    Property Listings — Clarksville, TN

    As of Dec '25, Realtor.com reports that the median days on market for a home in Clarksville, TN is 58. This is a decrease of -17.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$430,0004.0%
    Listing Count
    		62014.0%
    Listings as % of Homes1.9%14.0%
    Days on Market
    		70-15.0%
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    Demographics — Clarksville, TN

    As of the latest ACS Survey released in 2023, Clarksville, TN has a population of 57,200, which has increased by 20.3% over the past 5 years. Clarksville, TN is a popular place for families, as children make up 26.3% of the population. The area has a moderately educated workforce, with 43.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		57,20020.3%
    % Under 18
    		26.3%5.2%
    % Seniors
    		13.2%0.8%
    % WFH
    		7.9%154.8%
    % w/ College Degree
    		43.4%12.1%
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    As of the latest ACS Survey released in 2023, Clarksville, TN is a predominantly white area, with 75.5% of the population identifying as white. The white population has shrunk by 6.1% in the last 5 years. The second most common race or ethnicity in Clarksville, TN is black, making up 10.1% of the population. Foreign-born residents account for 5.6% of the population in Clarksville, TN, and this percentage has increased by 55.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		75.5%-6.1%
    % Black
    		10.1%-2.9%
    % Hispanic
    		6.3%40.0%
    % Asian
    		3.1%34.8%
    % Foreign Born
    		5.6%55.6%
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    Mortgage and Risk — Clarksville, TN

    According to HUD data as of 2023, there were 1791 mortgage originations in Clarksville, TN, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Clarksville, TN. Investor activity is low, as 3.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		1,791
    % Conventional Loans
    		58.0%
    % Government Loans
    		42.0%
    % Investor Loans
    		3.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		12.0%
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    Rentals and Section 8 — Clarksville, TN

    As of 2024, the percent of homes in Clarksville, TN under the Section 8 program is 3.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Clarksville, TN, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		258
    Total Units Section 8
    		255
    % Rentals under Section 8
    		3.8%
    % Occupied Section 8
    		91.2%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$405$895$1,300
    2 Bedroom$360$1,100$1,460
    3 Bedroom-$60$1,900$1,840
    4 Bedroom-$200$2,440$2,240

    Affordability — Clarksville, TN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.2
    Median Home Price$395,000
    Median Household Income$91,900

    Clarksville, TN — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Clarksville, TN

    37040

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    37010

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    Clarksville, TN

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    Frequently Asked Questions