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CLARKSVILLE, TN 37040

Real Estate Market Report  ·  Montgomery County
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 37040

Balsam Estates · Beacon Hills · Belle Forest · Belmont · Cardinal Acres · Cedarcroft · Charlestown Estates · Colonial Court · Colony Estates · Craigmont · Cumberland Hills · Eastern Hills · Evergreen Estates · Forest Acres · Greenland Farms · Hillview Estates · Kingsbury · Knollwood · Lakeside Estates · Medallion Acres · Peartree · River Run · Rivermont · Rossview · Shady Bluff · Southern View · Swan Lake Village · Willow Bend · Wingate · Wingate West

Market Analysis

Data as of February 2026. Source: Realtor.com.

The CLARKSVILLE, TN real estate market (37040) currently shows 495 active listings, with 138 pending sales. Homes are averaging 80 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 80 days on market compared to 60 days last year.

The median listing price has risen 0.3% year-over-year, from $331,375 to $332,450.

Whether you are buying or selling in CLARKSVILLE, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 60,377  ·  Density: 251.1/mi²  ·  Median household income: $62,035

Typical home value: $220,134  ·  Homeownership: 58.3%

Market Overview

Active Listings
495
⇩ 1.2% vs 501 last year
Pending
138
28% pending ratio
Median Price
$332,450
⇧ 0.3% vs $331,375 last year
Average Price
$353,933
⇩ 0.7% vs $356,368 last year
Days on Market
80
⇧ 33.3% vs 60 days last year

Price Per Square Foot

Median $/sqft
$189
⇧ 3.3% vs $183/sqft last year
Median Home Size
1,820 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 495 this year vs 501 last year
  • Days on market: 80 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $332,450 (+0.3% YoY)
  • Average: $353,933 (-0.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.3 miles — 1,109 listings ($493,989,367 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37040Clarksville, TN 370400.0 mi468$167,351,184$334,900$357,588
37043Clarksville, TN 370435.9 mi501$238,123,797$425,000$475,297
37052Cunningham, TN 3705211.0 mi13$6,658,418$462,450$512,186
37142Palmyra, TN 3714212.2 mi13$9,342,099$650,000$718,623
37010Adams, TN 3701012.8 mi25$14,369,075$429,900$574,763
37035Chapmansboro, TN 3703515.0 mi17$11,521,988$459,500$677,764
37051Cumberland Furnace, TN 3705115.8 mi28$23,192,708$597,450$828,311
37032Cedar Hill, TN 3703217.6 mi9$6,017,904$581,950$668,656
37079Indian Mound, TN 3707918.4 mi13$7,824,804$548,500$601,908
37050Cumberland City, TN 3705019.9 mi11$3,894,055$322,000$354,005
42236Herndon, KY 4223620.5 mi1$700,000$700,000$700,000
37181Vanleer, TN 3718121.6 mi5$3,452,000$709,000$690,400
37023Big Rock, TN 3702325.3 mi5$1,541,335$325,000$308,267

Frequently Asked Questions

How many homes are for sale in CLARKSVILLE, TN 37040?

As of February 2026, there are 495 active listings in CLARKSVILLE, TN (zip code 37040), compared to 501 the prior year.

What is the median home price in CLARKSVILLE, TN 37040?

The median listing price in CLARKSVILLE, TN 37040 is $332,450 as of February 2026, a 0.3% increase from $331,375 the prior year.

How long do homes stay on the market in CLARKSVILLE, TN?

Homes in CLARKSVILLE, TN 37040 spend an average of 80 days on the market before going under contract, compared to 60 days the prior year.

Is it a seller's or buyer's market in CLARKSVILLE, TN 37040?

Based on current inventory and days-on-market data as of February 2026, CLARKSVILLE, TN 37040 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 80 days on market compared to 60 days last year.

How much can I save on real estate commission in CLARKSVILLE, TN?

With SELL123.com's maximum 3% commission, sellers in CLARKSVILLE, TN 37040 save an estimated $6,649 compared to a typical 5% commission on the median listing price of $332,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.