Clarksville, TN Housing Market
AI-powered market intelligence for the Clarksville, TN-KY metro area.
PropertyIQ Scores
Clarksville, TN Market Analysis
Market Overview
Clarksville’s housing market currently reads as weak, with a PropertyIQ Score of 23 out of 100. The top score drivers are home value momentum of 0.78% over 12 months, -0.46% over 3 months, median days on market of 60 days, and a 22.3% share of listings with a price cut. The median home value of $293,172 is above the Tennessee average of $234,510, and the rent index of $1,362 is well above the state average of $933. However, those higher values have not translated into strong momentum. Year-over-year home value change is just $1, which in practical terms is flat.
The market’s economic context is mixed. Unemployment in Clarksville is 4.3%, below the Tennessee average of 4.7%, and median household income is $66,210, above the state average of $62,417. That supports some housing demand. But affordability is tighter than the state benchmark: the median home value is roughly 4.4 times median household income, compared with about 3.8 times for Tennessee as a whole. With 2,076 homes for sale and 60 days on market, supply is not severely constrained, and sellers are competing more actively for buyers than in a stronger market.
Key Trends
First, price momentum has flattened and recently turned negative. The 12-month home value momentum of 0.78% is modest, but the 3-month figure of -0.46% points to softening in the near term. The year-over-year change of $1 reinforces that home values are essentially unchanged from a year ago. This is a clear contrast to a strong appreciation environment.
Second, buyer negotiating power appears to be increasing. Median days on market is 60 days, meaning homes are taking about two months to sell. Additionally, 22.3% of listings have had a price cut. With 2,076 homes for sale, buyers have options, and sellers are adjusting to weaker demand.
Third, the rental market looks comparatively strong. The rent index of $1,362 is about 46% above the Tennessee average of $933. That stands out as a bright spot relative to the state and may matter for rental housing demand, though the data does not explain the cause.
Fourth, affordability is stretched despite solid local income. Median household income in Clarksville is $66,210, above the state average of $62,417, but the median home value is $293,172, also above the state average of $234,510. The gap between incomes and home prices is wider than the state norm, which may push some would-be buyers toward renting or toward lower-priced homes.
Who Is This Market For
This market may suit first-time buyers who are patient and have steady employment. Unemployment is lower than the state average and incomes are above the state norm, which helps, but the median home value of $293,172 is a stretch relative to median household income of $66,210. The upside for first-time buyers is that homes are sitting longer, with 60 days on market and 22.3% of listings offering price cuts, so there may be opportunities to negotiate.
Rental-focused investors may find Clarksville more appealing than the state average because the rent index of $1,362 is well above the Tennessee average of $933. That rent level could support stronger rental income, though weak price momentum and a flat year-over-year home value change mean investors should not rely on near-term appreciation. Move-up buyers may be in a mixed position: they may sell into a market with more competition among sellers, but they may also benefit from the same negotiating power when buying. Population growth data is not available, so it is harder to assess how much long-term demand growth will support any buyer profile.
Outlook
The near-term outlook is cautious. The 3-month home value momentum of -0.46% and the year-over-year change of $1 suggest that home values are not currently in an appreciation phase. With median days on market at 60 and 22.3% of listings with a price cut, sellers are likely to continue facing competition. Inventory of 2,076 homes for sale provides enough options for buyers to remain selective. At the same time, unemployment of 4.3%, below the state average of 4.7%, and a rent index of $1,362, well above the state average of $933, provide some stability. But population growth data is missing, so the demand outlook cannot be fully measured. Overall, the data points to a soft, flat-to-slightly-negative price environment rather than a sharp downturn, with rental demand a relative bright spot.
AI-generated analysis based on current market data. Last updated September 9, 2026.
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Clarksville, TN market data
Clarksville, TN Housing Market Overview
Clarksville, TN's median home value is $293K, up 0.8% over the past year. Homes here sell in a median 60 days. Its PropertyIQ Score of 23 sits below the state average of 50, marking a market positioned to lag its state over the next three years.
The Clarksville, TN metro area is one of 900+ US metropolitan markets that PropertyIQ scores each month. A single PropertyIQ Score blends Zillow price momentum with Realtor.com market-flow signals to estimate 3-year excess appreciation versus the market's state — showing not just where prices stand today, but how the market is positioned relative to its peers.
Southeastern markets benefit from manufacturing investment, logistics infrastructure, and relative affordability compared to national averages. The region's population growth — driven by both domestic migration and natural increase — supports sustained housing demand across metro and suburban areas. Within the Southeast, Clarksville, TN's PropertyIQ Score of 23 runs below the Southeast norm.
Tennessee's no-income-tax status and central location have fueled Nashville's rise as a corporate relocation destination, while Memphis and Knoxville offer more affordable alternatives with their own economic drivers.
The PropertyIQ Score for the Clarksville, TN market is built from four inputs: Zillow home-value momentum over twelve months, Zillow home-value momentum over three months, the median days listings spend on the market (Realtor.com), and the share of listings with a price cut (Realtor.com). The score runs on a 1 to 99 scale computed across all metro markets nationally and calibrated so 50 equals the state average — a score above 50 means this market is positioned to outperform its state, and a score below 50 means it is set to lag. Momentum here has been positive, with home values up 0.8% over the past year.
Use PropertyIQ's interactive analytics to compare Clarksville, TN against any other US metro on its PropertyIQ Score and underlying metrics. Generate a free AI market report, explore historical trends on the graphs page, or see how this market ranks on the scores dashboard.
Counties in the Clarksville, TN metro area
ZIP codes in the Clarksville, TN metro area
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Market data through July 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Clarksville, TN a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Clarksville, TN currently scores 23, a weak-momentum reading that leaves it positioned to lag its state over the next three years. For buyers, cooling demand usually brings more inventory, longer sale times, and real leverage to negotiate on price. Backing that up, the median home value here is $293K, up 0.8% over the past year. So whether Clarksville, TN is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Clarksville, TN?
Clarksville, TN's PropertyIQ Score is 23, indicating weak momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 23 places Clarksville, TN below its state benchmark.
Are home prices in Clarksville, TN rising or falling?
Home prices in Clarksville, TN are rising. Over the past year, the median home value increased 0.8%, reaching $293K. Over the latest three months, values slipped 0.5%, a sign near-term demand is softening. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Clarksville, TN's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Clarksville, TN?
In Clarksville, TN, homes sell in a median of 60 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 22% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Clarksville, TN market data is refreshed on a monthly cycle, with the latest figures current through July 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.