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Clarksville, TN 37040 Housing Market

Data snapshot: September 7, 2026. Closed-sale window: last 6 months.
Clarksville, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 1.68
ActiveActive listings: 4747PendingPending sales: 7979
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): $390k$390kSoldMedian sold price (last 6 months): $315k$315k
What homes actually sell for in Clarksville, TN
Distribution of 786 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $250k to $370k
$125k to $183k: 43 sales$125k$183k to $241k: 103 sales$241k to $299k: 151 sales$241k$299k to $358k: 233 sales233sales$358k to $416k: 123 sales$358k$416k to $474k: 46 sales$474k to $532k: 8 sales$474k$532k to $590k: 8 salesMedian $315k

What the numbers say

As of September 7, 2026, Resideline is tracking 47 active listings and 79 pending sales in ZIP code 37040. That pending-to-active ratio of 1.68 points to a seller's market: buyers are absorbing inventory quickly relative to what is available.

The median asking price of current listings is $389,900, while the median of the 786 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 786 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 79 pending sales against 47 active listings in 37040, a pending-to-active ratio of 1.68. 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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