Clarksville appreciation rates and housing market information

Clarksville housing market information

With a population of 103,766, 40,042 total housing units (homes and apartments), and a median house value of $142,441, Clarksville real estate and house prices are near the national average for all cities and towns.

single-family detached homes are the single most common housing type in Clarksville, accounting for 67.57% of the city's housing units. Other types of housing that are prevalent in Clarksville include large apartment complexes or high rise apartments (12.13%), duplexes, homes converted to apartments, or other small apartment buildings (11.55%), mobile homes or trailers (4.82%), and a few row houses and other attached homes (3.85%).

The most prevalent building size and type in Clarksville are three and four bedroom single-family detached homes. The city has a mixture of owners and renters, with 53.29% owning, and 39.09% renting.

There is a lot of housing in Clarksville built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Clarksville built from 1940-1969 (25.22%). A lesser amount of the housing stock also hails from 1995 and later (20.43%), and some were built from 1939 and earlier (20.43%).

Clarksville home appreciation rates

Clarksville's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Clarksville during the period has been just 4.90%, which is lower than % of US communities.

NeighborhoodScout's data show that during the latest twelve months, Clarksville home appreciation rates, at 1.07%, have been at or slightly above the national average. In the latest quarter, Clarksville's appreciation rate has been 0.69%, which annualizes to a rate of 2.76%.

Relative to Tennessee, our data show that Clarksville's latest annual appreciation rate is higher than 13% of the other cities and towns in Tennessee.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Clarksville differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Clarksville - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 1990, to assist you in making the best Clarksville real estate investment or home purchase decisions.