Clarksville, TN (37040) has an impressive housing market that is seeing strong appreciation. The median value of homes in the area is $268,500 which is significantly lower than the US house median of $338,100. Despite this, over the past year the area has seen an appreciation rate of 15.74%, much higher than the US average of 8.27%. This trend suggests that 37040 Clarksville is a great place to invest in real estate for potential appreciation gains.
The median home cost in Clarksville (zip 37040) is $268,500. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Clarksville (zip 37040) is up 25.0%.
Average Age of Homes
- The median age of Clarksville (zip 37040) real estate is 22 years old
The Rental Market in Clarksville (zip 37040)
- Renters make up 36.3% of the Clarksville (zip 37040) population
- 2.9% of houses and apartments in Clarksville (zip 37040), 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.