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 November 2023

Since last year, Clarksville has remained a Seller's 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

$454,000

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$116,500(+34.5%)

Key Takeaway

Homes in Clarksville have sold for 34.5% more than they did a year ago.

Summary: The median home sold price in Clarksville was $454,000 in November 2024, up 34.5% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $320K$454K
+41.9%
3 $400K$471.2K
+17.8%
4 $286K$306.2K
+7.1%
5+ $595K-
N/A

Summary: Clarksville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 41.9%, 3 bedroom homes increased by 17.8%, 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

Oct 2024Nov 2024CHANGE
148-42.9%

Summary: The Clarksville real estate market had 8 homes for sale in November 2024, a 42.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 106
-40.0%
4 21
-50.0%
5+ 00
0.0%

Summary: The Clarksville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 40%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were 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. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Clarksville in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% 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

Nov 2023Nov 2024CHANGE
36 Days76 Days+109.6%

Summary: Homes in Clarksville had an average of 76 days on market in Nov 2024, up by 109.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Clarksville has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Clarksville; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 11 Days Ago

Newest Listings in Clarksville, VA

Nearby Markets to Clarksville, VA