Market Intelligence · TN / Clarksville

Clarksville, TN 37040 Housing Market

The typical home in Clarksville 37040 is worth $304,511, up 0.6% over the past year. The median list price is $327,900, with homes averaging 72 days on market as of September 2026.

Updated September 2026Median value$305K

The median home value in Clarksville, TN 37040 is $305K as of September 2026, up 0.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 37040 range

$280K to $329K

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

+0.6% over 12 months

Sep 2025$303K

Low $303KHigh $305K

Sep 2026$305K

The numbers

What is the 37040 housing market like?

As of September 2026

Typical home value

$305K

0.6%YoY

Median list price

$328K

0.0%MoM

Days on market

9.1%MoM

Homes for sale

427

0.9%MoM

Price cuts

22.7%

0.9%MoM

New listings

130

30.0%MoM

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

The outlook

37040 housing market forecast 2027

+0.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 37040 to stay roughly flat by September 2027 (up 0.2%).

Over the 12 months through September 2026, typical home values in 37040 rose 0.6%, per the Zillow Home Value Index.

Will home prices drop in 37040?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 37040 to stay roughly flat by September 2027 (up 0.2%), after a 0.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 37040 home prices compare?

37040$304,511
Clarksville$304,511
Tennessee$265,881
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Clarksville: 3 ZIPs; Tennessee: 587 ZIPs; United States: 26,262 ZIPs).

Context

September 2026 shows 427 homes for sale in the 37040 ZIP, with 130 new listings coming to market. The median days on market of 72 suggests a moderately paced market where homes are taking a bit of time to sell. About 22.7% of listings have received a price cut, indicating some sellers are adjusting to reality. While home values have grown modestly at 0.6% over the past year, the price cuts and extended time on market suggest this is not a seller's market.

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Down payment20% · $60,902

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Common questions

What people ask us.

What is the typical home value in 37040?

The typical home value in Clarksville 37040 is $304,511, up 0.6% over the past year as of September 2026.

How long do homes typically stay on the market here?

As of September 2026, the median days on market in 37040 is 72 days.

What is the median list price in 37040?

The median list price in 37040 is $327,900 as of September 2026.

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Nearby ZIP markets.

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