Zip Code 37042

Clarksville, TN • Montgomery County

Real Estate Market Analysis

Q3 2025 Report

$265,000 (estimated, 2025)

Median Home Value

~70,000 (estimated, 2025)

Population

$56,000 (estimated, 2025)

Median Income

Above average (B+ to A-, Niche 2025)

School District Rating

Market Statistics

Property Values

$265,000 (estimated, 2025)

Median Home Value

$1,400/month (estimated, 2025)

Median Rent

$155 (estimated, 2025)

Price per Sq Ft

Market Performance

Home Appreciation3.2% YoY (2024-2025, estimated)

Market VelocityInventory up 6.2% MoM (Jun 2025); 888 homes for sale in Jun 2025; median days on market up 42.1% YoY in May 2025[1][3]

Foreclosure RateLow, below national average (2025, estimated)

Area Information

Area SizeLarge suburban area, includes New Providence neighborhood

CountyMontgomery

Primary CityClarksville

Housing Profile

Housing Statistics

Total Housing Units~32,000 (estimated, 2025)

Owner Occupied54% (estimated)

Rental Properties46% (estimated)

Vacant Units~6% (estimated)

New ConstructionSignificant activity; 1,498 units under construction regionally, 2.8% YoY inventory increase[4]

Housing Types

Single-family homesTownhomesApartments

Demographics

~70,000 (estimated, 2025)

Population

28.5 years (younger than state average)

Median Age

$56,000 (estimated, 2025)

Median Income

Unemployment ~3.7% (2025, estimated)

Employment Rate

High school diploma: 85%; Bachelor's degree or higher: 21% (estimated)

Education Levels

Predominantly families, military households, young professionals

Family Composition

Education Quality

School District Performance

Above average (B+ to A-, Niche 2025)

District Rating

School DistrictClarksville-Montgomery County School System

Test ScoresSlightly above state average

Graduation Rates92% (2025, estimated)

Schools in Area

West Creek High School
Kenwood High School
Barkers Mill Elementary
Minglewood Elementary

Economic Factors

Employment & Business

Job Growth2.5% YoY (2024-2025, estimated)

Unemployment Rate~3.7% (2025, estimated)

Business EnvironmentGrowing, with logistics, manufacturing, and retail expansion

Commercial ActivityActive retail corridors, new logistics and light industrial development

Major Employers

Fort Campbell
Clarksville-Montgomery County School System
Trane Technologies
Amazon
Agero

Infrastructure & Quality of Life

Infrastructure

Transportation Access

• I-24
• US-41A
• Clarksville Transit System (bus)

Utilities & Services

• CDE Lightband (electric/internet)
• Clarksville Gas & Water
• Waste Management

Quality of Life

Safety & Environment

Moderate, higher than state average but trending down (2025)

Good air and water quality, some traffic congestion

Healthcare Access

• Tennova Healthcare
• Blanchfield Army Community Hospital

Development Trends

Planned Developments

Mixed-use projects near Fort Campbell Blvd
New subdivisions in north Clarksville

Infrastructure Projects

• Road widening on US-41A
• Transit system upgrades

Investment Outlook

Growth Outlook

Continued steady growth driven by military and regional migration

Investment Opportunities

• Single-family rentals
• New construction sales
• Value-add multifamily

Marketing Intelligence

Target Demographics

Military families
First-time buyers
Investors
Young professionals

Competitive Advantages

Lower price point than Nashville metro
Strong rental demand
Growing job market

Pricing Strategies

Competitive pricing below Nashville suburbs; incentives for VA buyers

Common Objections & Response Strategies

Objection: Crime rates higher than average

Response Strategy:

Highlight recent downward trends, community policing, and neighborhood watch programs

Objection: Traffic congestion near Fort Campbell

Response Strategy:

Discuss ongoing infrastructure improvements and alternative routes

Objection: School quality concerns

Response Strategy:

Showcase above-average graduation rates and new school facilities

Objection: Market volatility concerns

Response Strategy:

Emphasize steady appreciation and strong rental demand

Professional Recommendations

Target military and first-time buyers with VA/FHA expertise

Leverage new construction inventory and builder incentives

Educate sellers on realistic pricing and market time expectations

Promote rental investment opportunities with strong cash flow

Highlight community amenities and recent infrastructure upgrades

Competitive Analysis

Comparable Markets

37040 (Clarksville)
37043 (Clarksville)
Hopkinsville, KY

Market Positioning

Affordable, high-demand military-adjacent market

Competitive Advantages

Lower median price than 37043
Higher rental demand than 37040

Price Comparison

~10-15% lower median home price than 37043; similar to 37040

Investment Metrics

6.5% - 7.2% (2025, estimated)

Cap Rates

6.8% gross yield (2025, estimated)

Rental Yields

~15.7 (2025, estimated)

Price-to-Rent

Strong for single-family and small multifamily rentals

Cash Flow

3-4% annual (2025-2027, projected)

Appreciation

Buyer Journey Insights

First-Time Buyers

High VA/FHA loan usage; affordability and new construction are key draws

Move-Up Buyers

Seek larger homes/new builds; motivated by growing families and equity gains

Downsizers

Limited inventory, but new townhomes appeal; focus on low-maintenance options

Investors

Strong rental demand, especially for military tenants; value-add and turnkey opportunities

Relocators

Military PCS moves dominate; value speed, convenience, and rental options

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

Related Market Intelligence

Explore connected markets and opportunities

Nearby Areas

Nashville, TN

city

Adjacent location

$450,000

Memphis, TN

city

Adjacent location

$250,000

Similar Markets

38017 (TN)

zip_code

Similar market (91% price match)

$250,000