Clarksville, TN has seen a dramatic increase in housing median value over the past year. The house median value is currently at $281,900, which is significantly lower than the US house median of $338,100. However, Clarksville has experienced a much higher rate of appreciation over the past year than the US as a whole; 15.78% compared to 8.27%. This indicates that investing in property in Clarksville could be a relatively safe and lucrative option for prospective buyers.
The median home cost in Clarksville is $281,900. Home appreciation the last 10 years has been 140.3%. Home Appreciation in Clarksville is up 24.9%.
Average Age of Homes
- The median age of Clarksville real estate is 24 years old
The Rental Market in Clarksville
- Renters make up 39.1% of the Clarksville population
- 2.9% of houses and apartments in Clarksville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.