Home Values

37040 Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$131,000

  • 0.1% 1-year change
  • 3.1% 1-year forecast

The median home value in 37040 is $131,000. 37040 home values have gone up 0.1% over the past year and Zillow predicts they will rise 3.1% within the next year. The median list price per square foot in 37040 is None. The median rent price in 37040 is $1,000, which is higher than the Clarksville median of $995.

Foreclosures will be a factor impacting home values in the next several years. In 37040 8.1 homes are foreclosed (per 10,000). This is greater than the national value of 3.9

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of 37040 homeowners underwater on their mortgage is 29.5%.

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Relative ZHVI
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37040 Market Overview

Data through Apr 30, 2015
  • $131,000 ZHVI
  • 3.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • $148,700 Median sale price
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37040 Market Health

Data through Apr 30, 2015
  • 2.5/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • 29.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

8.1 homes 37040
3.9 homes United States
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Nearby Zip Codes

Name Median ZHVI
37010 $198,300
37043 $168,700
37142 $153,900
Name Median ZHVI
37052 $148,800
42266 $141,800
37191 $141,300
Name Median ZHVI
37042 $115,500
37051 $110,800
42262 $90,000

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $82 Median sale price / sq ft
  • No data Listings with price cut
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37040 Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $968 37040
    $980 Clarksville
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $1,000 Rent list price
  • $0.71 Rent list price / sq ft
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