If you are buying or selling a home in Clarksville, Tennessee, real estate statistics can help you make better decisions: but only when you know how to interpret them.
A single number rarely tells the whole story. The median sale price may be rising while buyers gain negotiating leverage. Inventory may increase even when new listings decline. Days on market may show one result for recently closed homes and another for the broader market.
That is why experienced agents look at several indicators together.
The latest Clarksville and Montgomery County market context points to a more balanced environment. Local reporting places inventory near five months of supply, with broader market time around 59 to 62 days. The median sold price is approximately $325,000, while year-over-year pricing remains stable to modestly higher.
Here is how to read the most important Clarksville TN market statistics like an agent.
Clarksville TN Market Snapshot
The following figures reflect late-summer 2026 reporting from RealTracs-based local market summaries, Realtor.com data, and the Federal Reserve Bank of St. Louis housing series.
| Market statistic | Approximate late-summer 2026 reading |
|---|---|
| Active listings | Approximately 2,200 in local Montgomery County reporting; 2,420 citywide in Realtor.com data |
| Months of supply | Near 5 months |
| New listings | Approximately 615 per month |
| Closed sales | Approximately 438 per month in recent local reporting |
| Median sold price | Approximately $325,000 |
| Recent average sale price | Approximately $353,158 in July |
| Median days on market | Approximately 59 days citywide |
| Broader market time | Approximately 60 to 62 days |
| Median price per square foot | Approximately $191 |
| Year-over-year median sold price change | Approximately +2.2% |
| Year-over-year active listing change | Approximately +8.8% |
| Price reductions | Increasingly common as buyers compare more listings |
These figures should be viewed as a market reference, not as a valuation for a specific home. Results can vary considerably by neighborhood, price range, property type, condition, and proximity to Fort Campbell.
For additional context, review Haus’s Clarksville TN market statistics report, the Realtor.com Clarksville market page, and the RealTracs regional MLS.
1. New Listings: How Much Fresh Supply Is Entering the Market?
New listings measure the number of properties added to the market during a specific period.
Recent Clarksville reporting shows approximately 615 new listings per month. This number tells you how much fresh competition buyers are seeing and how much new supply sellers are introducing.
Agents compare new listings with closed sales.
- If new listings consistently exceed closed sales, inventory tends to build.
- If closed sales exceed new listings, available inventory may tighten.
- If both numbers decline, the market may be slowing without necessarily becoming more balanced.
In the current Clarksville market, approximately 615 new listings per month compared with roughly 438 monthly closings suggests that supply can accumulate when homes do not sell quickly. That helps explain why Montgomery County inventory has stabilized near five months of supply.
For buyers, more new listings can mean more opportunities to compare price, condition, location, and seller concessions.
For sellers, it means your home is competing against the properties that entered the market most recently: not only against homes that sold several months ago.
2. Closed Sales: Is Demand Strong Enough to Absorb Inventory?
Closed sales show how many transactions actually completed during a given period. This is one of the clearest measures of completed demand.
Clarksville’s recent local reporting points to approximately 438 closings per month, although the exact figure can vary by month and geographic boundary. Some reports may show a higher total for a particularly active month or a broader area.
Closed sales should always be considered alongside new listings.
If 615 homes enter the market but only 438 close, the difference can add to active inventory. That does not automatically mean demand has disappeared. It may indicate that homes are taking longer to sell, buyers are being more selective, or certain properties are overpriced or poorly presented.
An agent also looks at the composition of closed sales. Are most sales entry-level homes, new construction, luxury properties, or investment purchases? A change in the types of homes closing can influence the average price and other headline statistics.
3. Median Price vs. Average Price
The median sale price is the midpoint of all recorded sales. Half of the homes sold for more, and half sold for less.
The latest Clarksville and Montgomery County snapshot places the median sold price near $325,000.
The average sale price adds all sale prices together and divides by the number of sales. Recent local reporting showed an average sale price of approximately $353,158 in July.
Why are these numbers different? A relatively small number of higher-priced transactions can pull the average upward. The median is usually more stable when you want to understand what a typical buyer purchased.
Agents use both measures, but they do not treat them as interchangeable.
Use the median to understand the market’s midpoint. Use the average to look for changes in the mix of properties selling. Neither number alone determines what your home is worth.
Your property-specific value may be higher or lower based on:
- Neighborhood and location
- Square footage and lot size
- Age and construction quality
- Renovations and maintenance
- Number of bedrooms and bathrooms
- New construction competition
- School zones and commute patterns
- Proximity to Fort Campbell
4. Inventory: How Much Choice Do Buyers Have?
Active inventory measures the homes currently available for sale.
Local Clarksville reporting places active inventory at approximately 2,200 listings, while Realtor.com reports approximately 2,420 citywide listings. The difference is a reminder to check the geographic area and reporting date before comparing sources.
Realtor.com reports active listings up approximately 8.8% year over year and approximately 57.7% compared with three years ago. That represents a meaningful shift from the extremely limited inventory conditions seen during the most competitive years of the market.
More inventory generally gives buyers:
- More properties to compare
- Additional time to review disclosures
- Greater negotiating opportunity
- More alternatives if one offer is rejected
- Less pressure to waive important protections
For sellers, increased inventory raises the importance of condition, pricing, photography, staging, and showing availability.
5. Months of Supply: The Best Quick Market Indicator
Months of supply estimates how long it would take to sell the current inventory if no new homes entered the market.
The basic formula is:
Active listings ÷ average monthly closed sales = months of supply
Montgomery County inventory is currently near five months of supply.
As a general guide:
- Less than 3 months often indicates a seller-leaning market.
- Approximately 3 to 5 months often indicates balanced conditions.
- More than 6 months often indicates a buyer-leaning market.
Five months is near the balanced range. Buyers have more leverage than they would in a two-month market, but sellers are not necessarily facing a major decline in demand.
The number becomes even more useful when analyzed by price range. Entry-level homes may have less supply than luxury properties. A countywide figure can hide important differences between neighborhoods and property types.
6. Days on Market: Pay Attention to the Definition
Days on market measures how long homes remain available before selling, going under contract, or leaving the market, depending on the data source.
Recent Clarksville data shows several related readings:
- Realtor.com reports approximately 59 median days on market citywide.
- The FRED series for the Clarksville, Tennessee-Kentucky metropolitan area reports 60 median days in July 2026.
- Broader local late-summer reporting places market time near 62 days.
- Recently closed Montgomery County single-family homes have averaged approximately 36 to 37 days in some monthly reports.
These numbers are not necessarily contradictory. One may measure the broader market, while another measures only homes that successfully closed.
An agent asks:
- Is the statistic a median or an average?
- Does it measure the city, county, or metro area?
- Does it include active listings or only closed sales?
- Is the measurement from listing to contract, closing, or removal?
The practical takeaway is that Clarksville buyers are taking more time, while correctly priced homes can still sell faster than the broader market average.
7. Price Reductions: A Signal of Market Feedback
Price reductions show how often sellers adjust their asking prices after the original listing fails to attract the expected response.
The latest local snapshot identifies price reductions as increasingly common, but it does not publish one definitive reduction count for the same geography and reporting period as the other statistics. That is important: you should not assume a percentage without confirming the source and methodology.
Agents interpret price reductions alongside:
- Number of showings
- Online listing activity
- Competing active listings
- Property condition
- Days on market
- Buyer feedback
- Sale-to-list price ratios
A price reduction may reflect an incorrect initial price, changing competition, dated finishes, needed repairs, or affordability pressure caused by mortgage rates.
For sellers, a pre-listing inspection and professional staging can help identify problems before launch and reduce the risk of sitting past 60 days. Strong presentation cannot replace accurate pricing, but it can help buyers recognize value.
8. Year-over-Year Change: Look for Direction, Not Hype
Year-over-year, or YoY, comparisons measure current performance against the same period in the prior year.
Current Clarksville indicators show:
- Median sold price up approximately 2.2%
- Active listings up approximately 8.8%
- Median days on market up approximately 3.6%
- Median listing price up approximately 0.87%
- Price per square foot up approximately 0.11%
Together, these numbers describe a market with stable to modest price growth, more inventory, and a somewhat slower pace.
That is different from both a rapid seller’s market and a collapsing market. Buyers have more room to negotiate, while sellers can still benefit from supported values when they price and present the property correctly.
What These Statistics Mean for You
If you are buying
Use the additional inventory to compare homes carefully. Obtain a current preapproval, review price history, and track properties that receive reductions.
Ask for seller-paid closing-cost concessions or mortgage rate buydowns upfront when the property and financing support the request. The right concession may reduce your cash needed at closing or improve your monthly payment, but your lender must confirm the applicable limits and financial impact.
If you are selling
Do not base your asking price only on the countywide median. Compare your property with recent closed sales, current competition, and homes that failed to sell.
Complete a pre-listing inspection, use professional staging, and invest in high-quality photography. These steps are essential for preventing avoidable delays and helping your property secure buyer commitment before it becomes a stale listing.
The Agent’s Bottom Line
Clarksville TN market statistics currently describe a more strategic, balanced market:
- New listings are entering at approximately 615 per month.
- Closed sales are running near 438 per month in recent local reporting.
- The median sold price is approximately $325,000.
- The recent average sale price was approximately $353,158.
- Active inventory is near 2,200 locally, with approximately 2,420 citywide.
- Months of supply is near five months.
- Broader days on market are around 59 to 62 days.
- Prices are stable to modestly higher year over year.
- Price reductions are becoming more common as buyers compare options.
If you are ready to buy, sell, or relocate in Clarksville, contact Haus – CVILLE Tennessee. Our experienced team can help you interpret current market data and build a strategy around your goals.
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