Clarksville housing market

Strong buyer's marketClarksville, TN metro areaData through Sep 2026
Typical home value
$289K
▲ 0.2% 1 yr
Typical rent
$1,343/mo
▲ 2.1% 1 yr
12-month forecast
+0.1%
#463 of 546 metros
Gross rent yield
5.6%
#331 of 546 · U.S. 6.3%
Days to pending
60 days
▲ +4 days 1 yr
Listings with a price cut
33%
▲ +1.7 pts 1 yr

Key takeaways

  • 1The typical home is worth $289,380, up 0.2% in a year and up 24% over five years.
  • 2Zillow forecasts home values rising 0.1% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,343/mo (+2.1% YoY), a 5.6% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,590/mo in principal and interest, $247 more than renting.
  • 5Homes go under contract in 60 days (+4 days vs last year); 33% of listings have had a price cut.
Market temperature
Strong buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 21/100, #527 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $289K
$166K$205K$244K$283K2016201920222025
Typical monthly rent
Latest $1,343
$847$1,001$1,154$1,3082016201920222025

How fast homes are selling

Days to go under contract
Latest 60
1333547420182020202220242026
Share of listings with a price cut
Latest 33.2%
7.0%15.3%23.5%31.8%20182020202220242026
Homes for sale vs new listings
Latest 1,963
For saleNew listings
4168961,3771,85720182020202220242026
Share of homes sold above list price
Latest 16.9%
13.6%29.3%45.1%60.9%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $76K
To buy (20% down)To rent
$36K$49K$62K$76K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Clarksville compares

MeasureClarksvilleUnited StatesRank of 546
Home value, 1-yr change+0.2%+1.2%#436
Home value, 5-yr change+24.1%+19.7%
12-month forecast+0.1%+1.1%#463
Rent, 1-yr change+2.1%+2.7%#388
Gross rent yield5.6%6.3%#331
Price-to-rent ratio18.015.8
Mortgage P&I on typical home$1,590$2,012
Income needed to buy$75,897$100,902
Days to pending6056

Cities in the Clarksville metro

3 cities with home value and rent data.

Clarksville$318K▲ 0.3%$1,372▲ 2.2%5.2%
Hopkinsville$193K▲ 1.2%$1,035▲ 3.5%6.4%
Oak Grove$209K▼ 1.1%$1,239▲ 4.3%7.1%

Run the numbers

Other Tennessee metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.