Clarksville, TN home values, income, and owner costs

The local figures answer the first question: In Clarksville, TN, the 2024 ACS reports a median owner-occupied home value of $263,600, median household income of $69,303, and median selected monthly owner costs of $1,541 for owners with a mortgage. For borrower planning, together, those three reference points can still help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $1,541 measure combines recurring ownership expenses in place of real estate taxes alone. A useful affordability review starts with $263,600, $69,303, and $1,541, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.

Clarksville, TN's $263,600 median home-value estimate is below the statewide $286,700 estimate, with a reported city-to-state gap of 8.1%. For borrower planning, that 8.1% gap is useful for showing that a statewide midpoint may be a poor substitute for a local search range in Clarksville, TN. It does not mean every local property is 8.1% away from a comparable property elsewhere in the state, because the medians reflect different housing mixes and geographies. Borrowers can use $263,600 and $286,700 to decide which assumptions need local replacement first, then compare actual properties and current financing disclosures on the same basis.