Is Clarksville, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Clarksville has remained a Seller's Market.
Housing Prices in Clarksville, TN
How much do homes in Clarksville, TN cost?
Median Sold Price
$308,931
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Clarksville was $308,931 in March 2024, up 3% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $138.7K | $170K | +22.5% |
2 Bedrooms | $215K | $221.9K | +3.2% |
3 Bedrooms | $276.6K | $288.5K | +4.3% |
4 Bedrooms | $365K | $371.8K | +1.9% |
5+ Bedrooms | $410K | $416K | +1.5% |
Summary: Clarksville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.5%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 1.5%.
Median Sold Price Compared To Nearby Cities
Oak Grove | $185K | $218K | +17.8% |
Oak Grove-Pembroke | $184.9K | $213.5K | +15.5% |
Clarksville | $300K | $308.9K | +3.0% |
Housing Supply in Clarksville, TN
How many homes are available in Clarksville, TN?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,510 | 1,630 | +7.9% |
Summary: The Clarksville real estate market had 1,630 homes for sale in March 2024, a 7.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 107 | 113 | +5.6% |
3 Bedrooms | 871 | 971 | +11.5% |
4 Bedrooms | 420 | 421 | 0.2% |
5+ Bedrooms | 111 | 124 | +11.7% |
Summary: The Clarksville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes increased by 11.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
268 | 305 | +13.8% |
Asking Price vs. Sold Price
92 Homes Were Sold
Under Asking
169 Homes Were Sold
At Asking
43 Homes Were Sold
Over Asking
Summary: A total of 305 homes were sold or pending in Clarksville in March 2024, up by 13.8% month-over-month. Of the 304 sold homes, 30% were sold under asking, 56% were sold at asking, and 14% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
41 Days | 46 Days | +14.2% |
Summary: Homes in Clarksville had an average of 46 days on market in Mar 2024, up by 14.2% compared to last year.
Breakdown of Home Sale Times
166 Homes Were Sold
Under 30 Days
83 Homes Were Sold
In 30 - 90 Days
54 Homes Were Sold
Over 90 Days
Summary: During March 2024, 305 homes were sold in Clarksville; 54% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.