Clarksville, TN Housing Market Report

The Clarksville, TN-KY housing market is currently transitioning into a more balanced environment, trending slightly in favor of buyers as we conclude 2025. With active inventory surging by 19.45% year-over-year to 1,554 units, prospective homeowners have significantly more options than they did twelve months ago. This increase in supply has led to a cooling of the rapid appreciation seen in previous years, evidenced by a modest year-over-year price decline of 0.39% and homes sitting on the market for an average of 73 days, five days longer than last December.

Price trends over the last six months indicate a period of stabilization rather than a sharp correction. Since July 2025, the median home value has drifted slightly from $317,043 to $316,126, representing a very narrow range of fluctuation. This plateau suggests that the market has found a temporary floor, supported by a sale-to-list ratio of exactly 1. This ratio indicates that while buyers have more leverage to negotiate on repairs or closing costs, sellers are still successfully pricing their homes in alignment with current market appraisals, avoiding the need for deep discounts to close deals.

Looking ahead, the Clarksville market remains a resilient pocket of the region, bolstered by its proximity to Fort Campbell and its role as an affordable alternative to the Nashville metropolitan area. For buyers, the current climate offers a rare window of stability to shop without the pressure of immediate bidding wars. For sellers, the increase in inventory means that property presentation and strategic pricing are more critical than ever. As rent prices have also dipped by 1.68% to a median of $1,382, investors may find slightly compressed yields, but the long-term demand for housing in this growing metro area continues to provide a solid foundation for property values.