Is Clarksville, VA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clarksville is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Clarksville was a Neutral Market.

Key Takeaway

Clarksville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Clarksville, VA

How much do homes in Clarksville, VA cost?

Median Sold Price

$440,825

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$103,325(+30.6%)

Key Takeaway

Homes in Clarksville have sold for 30.6% more than they did a year ago.

Summary: The median home sold price in Clarksville was $440,825 in December 2024, up 30.6% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $235.3K$454K
+92.9%
3 $400K$467.5K
+16.9%
4 $286K$306.2K
+7.1%
5+ $595K-
N/A

Summary: Clarksville housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 92.9%, 3 bedroom homes increased by 16.9%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes did not change.

Housing Supply in Clarksville, VA

How many homes are available in Clarksville, VA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
96-33.3%

Summary: The Clarksville real estate market had 6 homes for sale in December 2024, a 33.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 76
-14.3%
4 10
-100.0%
5+ 00
0.0%

Summary: The Clarksville housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clarksville, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Clarksville in December 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Clarksville, VA

How long does it take to sell a home in Clarksville, VA?

Average Sale Time

Dec 2023Dec 2024CHANGE
50 Days18 Days-63.0%

Summary: Homes in Clarksville had an average of 18 days on market in Dec 2024, down by 63% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Clarksville are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in Clarksville; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

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