Is Clarksville, TN 37042 a buyer’s or seller’s market?
Clarksville is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 31% of U.S. ZIP codes, and #110 of 299 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Clarksville housing market right now
In the three months ending August 31, 2026, 13% of homes in Clarksville, TN 37042 sold above their list price, the typical home went under contract in 63 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 521 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (14% then), homes sold more slowly (59 days then) and the median sale price fell 3% to $294,872. Overall, Clarksville is about as competitive as it was a year ago.
Within Montgomery County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 83%. On our competition score, Clarksville ranks #110 of 299 TN ZIP codes with enough sales (score 34 out of 100).
Nearby, buyers who want less competition could look at Palmyra 37142 (0% sold over asking) or Cunningham 37052 (0% sold over asking), while Woodlawn 37191 (18% sold over asking) is even more competitive.
Run the numbers for 37042
Nearby markets
Clarksville 37040Balanced $179 /sq ftClarksville 37043Balanced $185 /sq ftCunningham 37052Buyer’s market $211 /sq ftPalmyra 37142Balanced $254 /sq ft Browse all markets →Towns like Clarksville nearby
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Questions about Clarksville real estate
Is Clarksville a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Clarksville, TN 37042 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Clarksville?
The typical home went under contract in 63 days in the latest three months.
Do homes in Clarksville sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 98.9% of the list price.
What are property taxes in Clarksville?
About 0.61% of a home’s value a year in Montgomery County, or roughly $2,440 on a $400,000 home.
What is the median home price in Clarksville?
The median sale price was $294,872 in the three months ending August 31, 2026, about $180 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology