Clarksville, TN 37040 Housing Market
- Active listings56currently for sale
- Pending sales64under contract
- Median asking price$362,950current listings
- Closed sales tracked (6 mo)841a tracked sample, not a market total
- Median sold price$315,000last 6 months
- Middle half of sold prices$250k to $370k25th to 75th percentile
What the numbers say
As of July 18, 2026, Resideline is tracking 56 active listings and 64 pending sales in ZIP code 37040. That pending-to-active ratio of 1.14 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.
The median asking price of current listings is $362,950, while the median of the 841 closed sales Resideline tracked over the last six months was $315,000. 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.
Frequently asked questions
What is the median home price in 37040?
The median closed sale price in Clarksville, TN 37040 was $315,000 over the last six months, based on 841 closed sales tracked by Resideline. The middle half of those sales ranged from $250,000 to $370,000.
Is 37040 a buyer's or seller's market?
Resideline is currently tracking 64 pending sales against 56 active listings in 37040, a pending-to-active ratio of 1.14. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 37040 currently looks like a seller's market.