Clarksville, MI—48815
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Clarksville, MI
As of Oct '25, the median home price in Clarksville, MI is $286,000, with a year-over-year change of 4.2%. This indicates that home prices in Clarksville, MI are increasing. According to Zillow, the 1-year price projection is 2.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $286,000 | 4.2% |
| Single Family | $287,000 | 4.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $247,000 | 5.1% |
3 Bed | $294,000 | 4.6% |
4 Bed | $336,000 | 4.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Clarksville, MI
Clarksville, MI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Clarksville, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Clarksville, MI is 64. This is a decrease of -20.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $275,000 | -24.0% |
Listing Count | 5 | 27.0% |
| Listings as % of Homes | 0.6% | 27.0% |
Days on Market | 64 | -20.0% |
Demographics — Clarksville, MI
As of the latest ACS Survey released in 2023, Clarksville, MI has a population of 2,160, which has decreased by -13.9% over the past 5 years. Clarksville, MI is a popular place for families, as children make up 26.5% of the population. The area has a moderately educated workforce, with 32.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 12.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,160 | -13.9% |
% Under 18 | 26.5% | 10.4% |
% Seniors | 16.1% | 26.8% |
% WFH | 12.0% | 192.7% |
% w/ College Degree | 32.2% | 40.0% |
As of the latest ACS Survey released in 2023, Clarksville, MI is a predominantly white area, with 87.8% of the population identifying as white. The white population has shrunk by 9.1% in the last 5 years. The second most common race or ethnicity in Clarksville, MI is hispanic, making up 3.1% of the population. Foreign-born residents account for 2.6% of the population in Clarksville, MI, and this percentage has increased by 160.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 87.8% | -9.1% |
% Black | 0.0% | N/A |
% Hispanic | 3.1% | 40.9% |
% Asian | 2.9% | 222.2% |
% Foreign Born | 2.6% | 160.0% |
Mortgage and Risk — Clarksville, MI
According to HUD data as of 2023, there were 81 mortgage originations in Clarksville, MI, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Clarksville, MI. Investor activity is low, as 1.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 81 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 1.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 17.0% |
Loan Activity
Rentals and Section 8 — Clarksville, MI
Clarksville, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 24 |
Total Units Section 8 | 24 |
% Rentals under Section 8 | 32.9% |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,030 |
| 2 Bedroom | N/A | N/A | $1,240 |
| 3 Bedroom | N/A | N/A | $1,610 |
| 4 Bedroom | N/A | N/A | $1,770 |
Affordability — Clarksville, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $286,000 |
| Median Household Income | $83,400 |