Clarksville, Tennessee is quickly becoming one of the most sought-after housing markets in the southeastern United States. With its proximity to Fort Campbell, affordable housing options, and growing local economy, many homebuyers and investors are asking the same question: What is the average home price in Clarksville TN?
In this detailed guide, we’ll explore average home values, trends over the last few years, neighborhood breakdowns, market factors, and expert predictions to help you make informed real estate decisions in 2025.
The Current Average Home Price in Clarksville TN
What is the Average Home Price in 2025?
As of early 2025, the average home price in Clarksville TN is approximately $289,000, according to data from Zillow, Redfin, and local MLS reports. This figure reflects a modest increase of around 4.7% year-over-year from 2024, maintaining Clarksville’s position as an affordable alternative to neighboring Nashville.
- Median listing price: $299,900
- Median sale price: $284,000
- Price per square foot: $158
These averages can vary depending on factors such as location, property size, year built, and proximity to local amenities or military bases.
Clarksville Housing Market Overview
Steady Growth with Affordable Options
Compared to many parts of the country, Clarksville continues to offer affordable home prices, especially for first-time buyers, military families, and remote workers seeking quality of life without breaking the bank.
- In 2020, the average home price was just over $225,000.
- Prices have increased gradually due to population growth and demand.
- Clarksville remains significantly cheaper than Nashville (avg. $455,000) or Franklin (avg. $720,000).
Strong Rental Market
The city’s rental market is also thriving, with a median rent of about $1,400/month. This has made Clarksville attractive to investors, especially in multi-family units and single-family homes used as long-term rentals.
Key Factors Influencing Home Prices in Clarksville
Military Presence and Job Market
Fort Campbell, located on the Tennessee-Kentucky border, is a major economic driver in Clarksville. It provides consistent demand for housing from military personnel and their families.
- Steady population inflow ensures housing demand.
- The military base stabilizes home prices even during economic downturns.
Population Growth and Urban Expansion
Clarksville’s population has grown rapidly—from just under 133,000 in 2010 to over 170,000 in 2024, pushing demand for housing.
- New housing developments are expanding into suburban areas like Sango and Woodlawn.
- Mixed-use communities and condo developments are on the rise.
Remote Work and Migration Trends
Like many mid-sized cities across the U.S., Clarksville has benefited from the remote work boom.
- Buyers from California, New York, and Illinois are relocating here.
- They’re drawn to the lower cost of living, access to nature, and central location near Nashville.
Neighborhood Breakdown: What You Can Expect to Pay
Sango – Family-Friendly and Suburban
- Average home price: $340,000
- Known for larger lots, quiet streets, and newer construction.
- Popular among families looking for great schools and space.
Downtown Clarksville – Urban Revival and Investment Potential
- Average home price: $240,000
- Home to historic properties and modern lofts.
- Growth in retail, restaurants, and walkability attracting young professionals.
St. Bethlehem – Established Community with Convenient Amenities
- Average home price: $275,000
- Close to shopping centers, medical facilities, and I-24.
- A blend of mid-century homes and new builds.
Woodlawn and Outskirts – Rural Feel with Larger Land Parcels
- Average home price: $260,000
- Great for buyers looking for privacy, acreage, or investment land.
- Often includes barns, workshops, and scenic views.
Average Prices by Property Type
| Property Type | Average Price in Clarksville (2025) |
|---|---|
| Single-family home | $289,000 |
| Condo/Townhouse | $230,000 |
| New construction | $320,000 |
| Luxury home (4,000+ sq ft) | $600,000+ |
| Mobile/Manufactured | $125,000 |
Real Estate Trends in 2025
Inventory and Competition
- Inventory levels have increased slightly in 2025, giving buyers more negotiating power.
- Days on market: ~28 days (up from 22 days in 2024)
- Bidding wars have cooled off compared to pandemic years.
Mortgage Rates and Buyer Behavior
- Average 30-year fixed mortgage rate: ~6.8%
- Higher rates have tempered home price growth, but Clarksville remains accessible compared to national averages.
- Many buyers are choosing 3-2-1 buydown options or adjustable-rate mortgages to lower monthly costs.
Why Clarksville is Still a Great Investment in 2025
Despite rising rates and modest appreciation, Clarksville’s housing market continues to outperform national benchmarks in terms of value-for-money, rental returns, and long-term stability.
Strong Indicators for Investors:
- Low property taxes (0.94% average)
- High rental occupancy
- Low crime rate in suburban areas
- High ROI potential in upcoming neighborhoods like Rossview and New Providence
Tips for Buying a Home in Clarksville TN
- Work with a Local Realtor: Neighborhood dynamics can change block to block.
- Get Pre-Approved: With rising competition, having financing ready speeds up your chances.
- Explore VA Loans: Especially if you’re military-affiliated—many homes in Clarksville qualify.
- Watch for Property Condition: Some homes under $250K may require renovations.
- Check School Ratings: Clarksville-Montgomery County School System (CMCSS) has top-rated schools in select areas like Rossview and Sango.
Final Thoughts
The average home price in Clarksville TN remains one of the most affordable and value-rich in the southeastern United States. With prices hovering around $289,000, the city offers a balance of affordability, livability, and long-term growth. Whether you’re a first-time homebuyer, a military family, or a savvy investor, Clarksville presents diverse opportunities to fit your budget and lifestyle.
