Welcome to our 37040 real estate data hub, tailored for investors in Clarksville, TN. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 37040 in Clarksville, TN. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MONTGOMERY COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Clarksville, TN real estate investing. Uncover the wealth of information available, and position yourself for success in the Clarksville property market.
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Location Overview
- Zip Code: 37040
- City: Clarksville
- State: TN
- Metro Area: Clarksville, TN-KY
- County Name: MONTGOMERY COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $280,336
- Average Home Price (Single Family Homes): $281,291
- Average Monthly Rental Price (All Types): $1,266
- Price-to-Rent Ratio: 18
- Zillow Projected % appreciation from 4/2023-4/2024: 2.3%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,000
- Average 3 Bedroom Section 8 Rental Rates: $1,410
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 23.36
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 16.57
- Number of Units Offered in Section 8 in the County: 436
- Number of Occupied Units in Section 8 in the County: 412
- Percentage of Section 8 Units Occupied in the County: 94.5%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): Not Available
- Total % Appreciation since 2000 (Government Data): 158.01
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.36%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 7.04%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 47.38%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 72.15%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 114.03%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 124.22%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 189.47%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -1.28%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 3.94%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 33.78%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 46.33%