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Clarksville, TN 37040 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Clarksville, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.10
ActiveActive listings: 216216PendingPending sales: 2222
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): $322k$322kSoldMedian sold price (last 6 months): $315k$315k
What homes actually sell for in Clarksville, TN
Distribution of 744 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $250k to $370k
$125k to $191k: 53 sales$125k$191k to $256k: 122 sales$256k to $322k: 186 sales$256k$322k to $388k: 194 sales194sales$388k to $453k: 93 sales$388k$453k to $519k: 12 sales$519k to $584k: 8 sales$519k$584k to $650k: 6 salesMedian $315k

What the numbers say

As of October 5, 2026, Resideline is tracking 216 active listings and 22 pending sales in ZIP code 37040. That pending-to-active ratio of 0.10 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $321,500, while the median of the 744 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 83 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 744 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 22 pending sales against 216 active listings in 37040, a pending-to-active ratio of 0.10. 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

Full Clarksville, TN housing market report →

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