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.
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
$308,931
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Clarksville have sold for 3% more than they did a year ago.
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
Key Takeaway
If you're buying a home in Clarksville, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.
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
Key Takeaway
Many homes in Clarksville are selling fast, if you're buying plan to act quickly.
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.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
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.