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CLARKSVILLE, TN 37040

Real Estate Market Report  ·  Montgomery County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 37040

Balsam Estates · Beacon Hills · Belle Forest · Belmont · Cardinal Acres · Cedarcroft · Charlestown Estates · Colonial Court · Colony Estates · Craigmont · Cumberland Hills · Eastern Hills · Evergreen Estates · Forest Acres · Greenland Farms · Hillview Estates · Kingsbury · Knollwood · Lakeside Estates · Medallion Acres · Peartree · River Run · Rivermont · Rossview · Shady Bluff · Southern View · Swan Lake Village · Willow Bend · Wingate · Wingate West

Market Analysis

Data as of March 2026. Source: Realtor.com.

The CLARKSVILLE, TN real estate market (37040) currently shows 526 active listings, with 152 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 65 days on market compared to 59 days last year.

The median listing price has fallen 1.5% year-over-year, from $334,950 to $330,000.

Whether you are buying or selling in CLARKSVILLE, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 60,377  ·  Density: 251.1/mi²  ·  Median household income: $62,035

Typical home value: $220,134  ·  Homeownership: 58.3%

Market Overview

Active Listings
526
⇩ 0.6% vs 529 last year
Pending
152
29% pending ratio
Median Price
$330,000
⇩ 1.5% vs $334,950 last year
Average Price
$353,001
⇩ 2.2% vs $361,020 last year
Days on Market
65
⇧ 10.2% vs 59 days last year

Price Per Square Foot

Median $/sqft
$189
⇧ 4.4% vs $181/sqft last year
Median Home Size
1,820 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 526 this year vs 529 last year
  • Days on market: 65 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $330,000 (-1.5% YoY)
  • Average: $353,001 (-2.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.8 miles — 1,554 listings ($688,321,120 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37040Clarksville, TN 370400.0 mi495$175,196,835$332,450$353,933
37043Clarksville, TN 370435.9 mi631$300,635,533$424,950$476,443
37052Cunningham, TN 3705211.0 mi15$7,713,120$492,425$514,208
37142Palmyra, TN 3714212.2 mi16$19,102,816$694,000$1,193,926
37010Adams, TN 3701012.8 mi27$15,178,860$404,750$562,180
37035Chapmansboro, TN 3703515.0 mi15$9,731,730$432,150$648,782
37051Cumberland Furnace, TN 3705115.8 mi26$19,221,514$578,675$739,289
37032Cedar Hill, TN 3703217.6 mi8$4,925,368$457,817$615,671
37079Indian Mound, TN 3707918.4 mi12$7,951,860$598,000$662,655
37050Cumberland City, TN 3705019.9 mi11$4,090,856$357,200$371,896
37015Ashland City, TN 3701521.5 mi98$68,797,666$436,175$702,017
37061Erin, TN 3706124.6 mi37$13,069,288$292,975$353,224
42240Hopkinsville, KY 4224025.8 mi163$42,705,674$224,975$261,998

Frequently Asked Questions

How many homes are for sale in CLARKSVILLE, TN 37040?

As of March 2026, there are 526 active listings in CLARKSVILLE, TN (zip code 37040), compared to 529 the prior year.

What is the median home price in CLARKSVILLE, TN 37040?

The median listing price in CLARKSVILLE, TN 37040 is $330,000 as of March 2026, a 1.5% decrease from $334,950 the prior year.

How long do homes stay on the market in CLARKSVILLE, TN?

Homes in CLARKSVILLE, TN 37040 spend an average of 65 days on the market before going under contract, compared to 59 days the prior year.

Is it a seller's or buyer's market in CLARKSVILLE, TN 37040?

Based on current inventory and days-on-market data as of March 2026, CLARKSVILLE, TN 37040 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 65 days on market compared to 59 days last year.

How much can I save on real estate commission in CLARKSVILLE, TN?

With SELL123.com's maximum 3% commission, sellers in CLARKSVILLE, TN 37040 save an estimated $6,600 compared to a typical 5% commission on the median listing price of $330,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.