How much is a home in 37040 worth?

The typical home value in 37040 is $305,953, up 0.5% over the past year. The median list price among active listings is $327,900.

How long does it take to sell a home in 37040?

The median days on market in 37040 is 66. With 423 homes for sale and 100 new listings, buyers have meaningful selection.

Are sellers cutting prices in 37040?

Yes, 22.9% of listings in 37040 have had a price cut. That suggests some homes are starting out priced above what buyers will pay.

Market Intelligence · TN / Clarksville

Clarksville, TN 37040 Housing Market

The typical home value in Clarksville's 37040 ZIP code is $305,953, up 0.5% over the past year. Sellers are listing homes at a median price of $327,900, and the median days on market sits at 66.

Updated August 2026Median value$306K

The median home value in Clarksville, TN 37040 is $306K as of August 2026, up 0.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 37040 range

$281K to $330K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.5% over 12 months

Aug 2025$304K

Low $304KHigh $306K

Aug 2026$306K

The numbers

What is the 37040 housing market like?

As of August 2026

Typical home value

$306K

0.5%YoY

Median list price

$328K

0.6%MoM

Days on market

8.2%MoM

Homes for sale

423

0.5%MoM

Price cuts

22.9%

12.9%MoM

New listings

100

19.4%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 37040 home prices compare?

37040$305,953
Clarksville$305,953
Tennessee$270,768
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Clarksville: 3 ZIPs; Tennessee: 587 ZIPs; United States: 26,265 ZIPs).

Context

There are 423 homes for sale in 37040, with 100 new listings hitting the market recently. The median list price is $327,900, while the typical home value is $305,953 and is up just 0.5% over the past year. Homes are taking a median of 66 days to sell, which points to a slower pace. About 22.9% of listings have had a price cut. For a seller, this means pricing realistically from the start matters more than testing the market with an ambitious number.

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