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Clarksville, TN 37040 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Clarksville, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.06
ActiveActive listings: 223223PendingPending sales: 1414
Clarksville, TN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $316k$316kSoldMedian sold price (last 6 months): $318k$318k
What homes actually sell for in Clarksville, TN
Distribution of 691 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $250k to $370k
$125k to $185k: 39 sales$125k$185k to $246k: 87 sales$246k to $306k: 147 sales$246k$306k to $366k: 213 sales213sales$366k to $426k: 92 sales$366k$426k to $486k: 35 sales$486k to $547k: 10 sales$486k$547k to $607k: 6 salesMedian $318k

What the numbers say

As of October 26, 2026, Resideline is tracking 223 active listings and 14 pending sales in ZIP code 37040. That pending-to-active ratio of 0.06 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $315,990, while the median of the 691 closed sales Resideline tracked over the last six months was $317,500. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 37040 for 92 days.

Frequently asked questions

What is the median home price in 37040?

The median closed sale price in Clarksville, TN 37040 was $317,500 over the last six months, based on 691 closed sales tracked by Resideline. The middle half of those sales ranged from $250,400 to $369,790.

Is 37040 a buyer's or seller's market?

Resideline is currently tracking 14 pending sales against 223 active listings in 37040, a pending-to-active ratio of 0.06. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 37040 is currently a typical-pace market.

Nearby ZIP code market data

Full Clarksville, TN housing market report →

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