37028
Clarksville, Tennessee
Clarksville 37028 needs watching.
The 37028 ZIP code in Clarksville, Tennessee has a median sale price of $100K, down -57.4% year-over-year. Homes spend an average of 207 days on market, with 0% of homes selling above list price.
Folio's PropIQ™ score of 45 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 37028.
The 37028 ZIP code is experiencing severe price contraction, with the median sale price falling to $100,000 after a 57.4% year-over-year decline. Properties are sitting unsold for an average of 207 days, nearly seven months, indicating minimal buyer interest at current asking prices. Not a single home has sold above list price, confirming this is a deeply buyer-dominated market with zero competitive pressure on inventory.
Cash investors seeking distressed opportunities will find the most advantage in these conditions, particularly those comfortable with the 207-day holding cost while properties languish. Sellers face unfavorable positioning and should expect extended timelines and potential further concessions given the zero above-list sales rate. First-time buyers with financing contingencies will struggle less with competition but must weigh why prices have cratered by more than half in twelve months.
The PropIQ score of 45 signals continued caution, suggesting underlying fundamentals remain weak and price discovery hasn't stabilized. The combination of 200-plus day absorption rates and massive annual depreciation indicates either localized economic disruption or inventory quality issues that haven't resolved. Buyers should monitor whether DOM begins contracting below 180 days and if any properties achieve list price before committing capital to this ZIP code.
What is the median home price in 37028 Clarksville?
The median sale price in 37028 is $100K, down -57.4% year-over-year as of 2026-02-28.
How long do homes stay on the market in Clarksville 37028?
Homes in 37028 Clarksville spend an average of 207 days on market before going under contract.
Is Clarksville 37028 a good place to invest in real estate?
Folio's PropIQ™ score for 37028 is 45/100 — a Caution signal. 0% of homes sold above asking.
What does a PropIQ™ score of 45 mean for 37028?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 45 = Caution in 37028 Clarksville, Tennessee.