The housing median value in 37042 Clarksville, TN is $247,200, significantly lower than the US house median value of $338,100. Despite this difference, the 1 year house appreciation rate in Clarksville is 15.74%, higher than the US average of 8.27%. This indicates that there is strong potential for growth in the housing market of Clarksville. With a wide range of options and an appreciation rate that outstrips the national average by a considerable margin, Clarksville is worth considering if you are looking for a place to buy or invest in residential real estate.
The median home cost in Clarksville (zip 37042) is $247,200. Home appreciation the last 10 years has been 142.5%. Home Appreciation in Clarksville (zip 37042) is up 25.0%.
Average Age of Homes
- The median age of Clarksville (zip 37042) real estate is 24 years old
The Rental Market in Clarksville (zip 37042)
- Renters make up 38.0% of the Clarksville (zip 37042) population
- 2.3% of houses and apartments in Clarksville (zip 37042), 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.