Zip 37040 (Clarksville, TN) Housing

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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Clarksville, Tennessee	United States
	23,149.0	139,647,020.0
	22	42
	$268,500	$338,100
	25.0%	16.6%
	81.0%	57.0%
	142.5%	101.1%
	$7.90	$10.98
	$1,466	$2,690
	53.9%	57.4%
	9.1%	11.2%
	37.0%	31.4%
Vacant Housing
	2.9%	1.9%
	0.4%	0.4%
	1.2%	0.7%
	0.4%	0.4%
	0.3%	3.6%
	3.9%	4.1%
Value of Owner-Occupied Housing
	2.2%	2.6%
	1.7%	2.4%
	2.0%	2.8%
	4.2%	3.9%
	5.9%	4.5%
	13.6%	11.3%
	29.1%	13.0%
	29.3%	20.1%
	6.5%	13.6%
	2.2%	8.3%
	2.8%	9.7%
	0.2%	3.9%
	0.0%	2.2%
	0.1%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	28.0%	13.6%
	28.0%	13.6%
	12.6%	13.6%
	9.2%	13.2%
	9.3%	14.8%
	12.6%	13.6%
	6.2%	10.0%
	5.2%	4.7%
	3.5%	12.2%

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