Mortgage payment estimates, closing cost breakdowns, and homebuying data for Clarksville, Tennessee.
Pre-filled with Clarksville median home price and Tennessee tax/insurance rates. Adjust for your property.
Estimated closing costs based on Tennessee rates and fees applied to Clarksville prices.
The median home price in Clarksville is $275,000, 19% below the Tennessee state median of $340,000. With a population of 166,722, Clarksville is a mid-size city where home prices tend to be more accessible than in many parts of Tennessee.
Property taxes in Tennessee average 0.56% annually. This low property tax rate is a significant advantage for Clarksville buyers, keeping your monthly costs well below what you'd pay in higher-tax states. Homeowners insurance in Tennessee runs approximately $2,400 per year. This is within the normal range nationally.
Average rent in Clarksville is $1,220/month. The price-to-rent ratio in Clarksville is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Clarksville presents moderate affordability. The $275K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.