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Clarksville, TN 37040 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Clarksville, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.15
ActiveActive listings: 195195PendingPending sales: 2929
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): $320k$320kSoldMedian sold price (last 6 months): $315k$315k
What homes actually sell for in Clarksville, TN
Distribution of 774 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $250k to $370k
$125k to $183k: 44 sales$125k$183k to $241k: 98 sales$241k to $299k: 145 sales$241k$299k to $358k: 235 sales235sales$358k to $416k: 120 sales$358k$416k to $474k: 44 sales$474k to $532k: 9 sales$474k$532k to $590k: 8 salesMedian $315k

What the numbers say

As of September 14, 2026, Resideline is tracking 195 active listings and 29 pending sales in ZIP code 37040. That pending-to-active ratio of 0.15 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $320,000, while the median of the 774 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. Resideline has been seeing the median active listing in 37040 for 70 days.

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 774 closed sales tracked by Resideline. The middle half of those sales ranged from $250,000 to $369,790.

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

Resideline is currently tracking 29 pending sales against 195 active listings in 37040, a pending-to-active ratio of 0.15. 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 balanced market.

Nearby ZIP code market data

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