The story of this market
The typical home in ZIP 37040 sells for about $315,000, or $179 per square foot.
Prices are roughly flat from a year ago (-0.05%), a market in balance. Homes take about 71 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,266 a month.
ZIP 37040 — Clarksville
The Clarksville housing market is currently experiencing a period of stabilization with median prices holding steady near $315,000. High interest rates and inventory levels are contributing to longer days on market compared to previous years, though demand remains supported by the local military presence.
This ZIP is well-suited for military families, first-time homebuyers, and investors seeking proximity to Fort Campbell and affordable housing options.
Median prices moved down 0.1% year over year.
Homes spend a median of 71 days on market with 2.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.5% · poverty 16.0% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 37040, Montgomery County TN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Clarksville serves as a major hub for the Fort Campbell military installation, driving consistent demand for housing and local services.
Property taxes are assessed by Montgomery County; Tennessee does not levy a state personal income tax.
Residents primarily commute via I-24 toward Nashville, with average commute times reflecting regional traffic patterns.
The area features access to the Cumberland River, local parks, and proximity to the Clarksville Greenway for outdoor activities.
The rental market is robust due to the high volume of military personnel and families relocating to the area.
The economy is heavily anchored by the Fort Campbell military base and associated defense-related industries.
The area is served by I-24, providing the primary corridor for regional transit and commuting.
Ongoing residential development continues to expand the suburban footprint of the Clarksville market.
The Montgomery County Assessor of Property manages assessments based on fair market value.
Parcels are served by the Clarksville-Montgomery County School System.
Data retrieved from US Census Bureau ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- The City Forum4.55.5 mi
- Heritage Park Sports Complex4.57.7 mi
- Sky Zone Trampoline Park4.38.2 mi
- Magic Wheels Fun Center3.98 mi
- Chuck E. Cheese4.19.1 mi
- Golden Corral Buffet & Grill3.98.9 mi
- USAG-Fort Campbell Soldier Support Center4.112.8 mi
- F&M Bank Arena4.53.9 mi
- Clarksville Speedway & Fairgrounds4.39.3 mi
- Sky Zone Trampoline Park4.38.2 mi
- Regal Clarksville4.410.7 mi
- The City Forum4.55.5 mi
- Old Glory Distilling Co.4.69.8 mi
- Dunbar Cave State Park4.76.2 mi
- Clarksville Greenway4.96.9 mi
- Bell Witch Cave4.218.8 mi
- Port Royal State Historic Park4.313.4 mi
- Customs House Museum and Cultural Center4.63.7 mi
- Fort Defiance Civil War Park & Interpretive Center4.54.8 mi
- War Memorial Disc Golf Course4.715.1 mi
- Dunbar Cave State Park4.76.2 mi
- Clarksville Greenway4.96.9 mi
- Heritage Park Sports Complex4.57.7 mi
- Rotary Park4.75.3 mi
- Civitan Park4.78.3 mi
- Eastland Green Golf Course410.9 mi
- Swan Lake Golf Course3.96.3 mi
- The River Club Golf & Learning Center4.46.1 mi
- Cole Park Golf Course4.210.7 mi
- Clarksville Country Club4.65.6 mi
- Governor's Square Mall4.19 mi
- Rural King4.45.9 mi
- Publix Super Market at Shoppes at Peachers Mill4.610.6 mi
- Publix Super Market at Walker Farms Shopping Center4.57.6 mi
- Publix Super Market at Sango Square4.77.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A multi-use trail system popular for walking and cycling.
Provides recreational boating and fishing opportunities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.