Clarksville, TN Real Estate & Homes for Sale | RE/MAX (2024)

FAQs

Is Clarksville TN a buyers or sellers market? ›

The median list price of homes in Clarksville, TN was $341,700 in July 2024 , compared to $337,500 in 2023. In July 2024, Clarksville, TN, was a seller's market, which indicates that there were more people looking to buy than available homes.

Rather, widespread overvaluation is a sign of the times. High demand and low supply are to blame for skyrocketing prices in Tennessee, Greater Nashville Realtors board member Collyn Wainwright said. Population growth in the state, especially since the COVID-19 pandemic, has created a surge in the demand for housing.

The housing market in Clarksville, TN, is characterized by modest price increases and a robust supply of homes. Buyers are met with competitive prices, especially appealing for those making their first foray into homeownership.

Clarksville is a wonderful location for not only living but also working. The work market is booming, with a 1.7% year-over-year gain and a predicted 36.8% increase in employment over the next decade, which is significantly greater than the United States average of 33.5%.

The Clarksville cost of living index is 89. That means the cost of living in Clarksville TN is 11% lower than the national average. It's slightly lower than the Tennessee cost of living index of 90.

What is the #1 most expensive city in Tennessee? Brentwood is often considered the most expensive city in Tennessee on average, with the median home value surpassing $1 million.

Well, look no further than Clarksville, TN. Named Best Place to Live in America by Money Magazine, September 2019 and Best Place to Retire in Tennessee by Investment U, January 2020 – Clarksville, TN provides the perfect atmosphere to plant your roots.

Today's mortgage rates in Clarksville, TN are 6.364% for a 30-year fixed, 5.416% for a 15-year fixed, and 7.502% for a 5-year adjustable-rate mortgage (ARM).

Another national report says that Clarksville, Tennessee, continues to be one of the fastest-growing cities in America. According to the financial tech company Smart Asset, Clarksville is ranked one of the 25 fastest-growing cities in the United States over the past five years.

The largest industries in Clarksville, TN are Health Care & Social Assistance (10,125 people), Manufacturing (8,842 people), and Retail Trade (8,168 people), and the highest paying industries are Mining, Quarrying, & Oil & Gas Extraction ($66,622), Management of Companies & Enterprises ($55,268), and Public ...

Is Nashville a buyers or sellers market? ›

If you want to buy property in Nashville, Tennessee, it could be the best time to do it. You probably won't see prices go down much in the coming year, indicating that it's a seller's market. However, there are good deals to be found, especially in some of the low-cost neighborhoods.

Boasting some of the hottest real estate markets in the country as well as the fastest-growing local economies. The Volunteer State offers ample opportunity for investors to get involved in some of the most coveted real estate markets around.

Because in a buyer's market, there's more housing inventory and lower prices, giving power to the buyer. Conversely, seller's markets enable sellers to ask for more money and encourage bidding wars, giving them the power.