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Clarksville, TN 37040 Housing Market

Data snapshot: August 26, 2026. Closed-sale window: last 6 months.
Clarksville, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.25
ActiveActive listings: 5353PendingPending sales: 6666
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): $364k$364kSoldMedian sold price (last 6 months): $315k$315k
What homes actually sell for in Clarksville, TN
Distribution of 820 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $255k to $375k
$125k to $186k: 43 sales$125k$186k to $248k: 105 sales$248k to $309k: 187 sales$248k$309k to $370k: 243 sales243sales$370k to $432k: 116 sales$370k$432k to $493k: 33 sales$493k to $555k: 10 sales$493k$555k to $616k: 8 salesMedian $315k

What the numbers say

As of August 26, 2026, Resideline is tracking 53 active listings and 66 pending sales in ZIP code 37040. That pending-to-active ratio of 1.25 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $363,900, while the median of the 820 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 820 closed sales tracked by Resideline. The middle half of those sales ranged from $255,000 to $374,900.

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

Resideline is currently tracking 66 pending sales against 53 active listings in 37040, a pending-to-active ratio of 1.25. 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.

Nearby ZIP code market data

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