Is Clarksville, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Clarksville has remained a Seller's Market.
Key Takeaway
Clarksville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clarksville, TN
How much do homes in Clarksville, TN cost?
Median Sold Price
$309,900
$180/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Clarksville have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Clarksville was $309,900 in June 2024, up 3.3% from last year, and the median price per square foot was $180.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $138.7K | $255K | +83.8% |
| 2 Bedrooms | $219.9K | $221.9K | +0.9% |
| 3 Bedrooms | $278.1K | $291.9K | +5.0% |
| 4 Bedrooms | $364.5K | $374.6K | +2.8% |
| 5+ Bedrooms | $411.9K | $410K | -0.5% |
Summary: Clarksville housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 83.8%, 2 bedroom homes increased by 0.9%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 0.5%.
Median Sold Price Compared To Nearby Cities
| Oak Grove | $192K | $219.5K | +14.3% |
| Oak Grove-Pembroke | $190K | $215K | +13.2% |
| Clarksville | $299.8K | $309.9K | +3.3% |
Housing Supply in Clarksville, TN
How many homes are available in Clarksville, TN?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 1,925 | 1,843 | -4.3% |
Summary: The Clarksville real estate market had 1,843 homes for sale in June 2024, a 4.3% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 126 | 119 | -5.6% |
| 3 Bedrooms | 1,127 | 1,055 | -6.4% |
| 4 Bedrooms | 525 | 521 | -0.8% |
| 5+ Bedrooms | 147 | 147 | 0.0% |
Summary: The Clarksville housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 463 | 352 | -24.0% |
Asking Price vs. Sold Price
114 Homes Were Sold
Under Asking
179 Homes Were Sold
At Asking
51 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clarksville, expect to pay close to the asking price. 52% of homes here sold near the asking price last month.
Summary: A total of 352 homes were sold or pending in Clarksville in June 2024, down by 24.0% month-over-month. Of the 344 sold homes, 33% were sold under asking, 52% were sold at asking, and 15% were sold over asking.
Days on Market for Clarksville, TN
How long does it take to sell a home in Clarksville, TN?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 27 Days | 30 Days | +11.6% |
Summary: Homes in Clarksville had an average of 30 days on market in Jun 2024, up by 11.6% compared to last year.
Breakdown of Home Sale Times
226 Homes Were Sold
Under 30 Days
93 Homes Were Sold
In 30 - 90 Days
31 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clarksville are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 352 homes were sold in Clarksville; 64% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
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Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. 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 exclusively 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. Properties displayed may be listed or sold by various participants in the MLS.
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listings displayed are the property of the Western Kentucky Regional MLS (WKMLS) and provided here for consumer's personal, non-commercial use, and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Each potential buyer is responsible for conducting his or her own independent inspections,investigations, measurements, inquiries and due diligence concerning the property. Although all information contained herein is believed to be accurate, the Real Estate Broker and the Seller of the property make no warranty or guarantee, actual or implied. Copyright 2024 Western Kentucky Regional MLS, Inc.