Cities with the fastest growing home prices in Clarksville metro area

Written by:
January 19, 2023
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Cities with the fastest growing home prices in Clarksville metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Clarksville, TN-KY metro area using data from Zillow. Cities are ranked by 1-year price change as of December 2022. The typical home value in the United States increased over the last year by +8.4%% to $356,819. All 20 cities and towns with data available were included in the list.

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Stacker

#20. Cadiz, KY

- 1-year price change: +$17,251 (+9.8%)
- 5-year price change: +$54,372 (+38.9%)
- Typical home value: $194,174 (#12 most expensive city in metro)
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Stacker

#19. Bumpus Mills, TN

- 1-year price change: +$20,845 (+14.2%)
- 5-year price change: +$53,880 (+47.3%)
- Typical home value: $167,806 (#18 most expensive city in metro)
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Stacker

#18. Big Rock, TN

- 1-year price change: +$24,005 (+15.3%)
- 5-year price change: +$61,881 (+51.8%)
- Typical home value: $181,277 (#14 most expensive city in metro)
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Stacker

#17. Hopkinsville, KY

- 1-year price change: +$25,215 (+19.2%)
- 5-year price change: +$53,595 (+52.1%)
- Typical home value: $156,522 (#20 most expensive city in metro)
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Stacker

#16. Oak Grove, KY

- 1-year price change: +$27,318 (+19.7%)
- 5-year price change: +$60,056 (+56.6%)
- Typical home value: $166,251 (#19 most expensive city in metro)

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6 / 20
Stacker

#15. Gracey, KY

- 1-year price change: +$27,592 (+18.8%)
- 5-year price change: +$60,539 (+53.0%)
- Typical home value: $174,719 (#17 most expensive city in metro)
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Stacker

#14. Stewart, TN

- 1-year price change: +$27,941 (+17.9%)
- 5-year price change: +$72,030 (+64.1%)
- Typical home value: $184,371 (#13 most expensive city in metro)
8 / 20
Stacker

#13. Indian Mound, TN

- 1-year price change: +$29,418 (+15.6%)
- 5-year price change: +$77,875 (+55.4%)
- Typical home value: $218,552 (#10 most expensive city in metro)
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Stacker

#12. Dover, TN

- 1-year price change: +$29,998 (+15.2%)
- 5-year price change: +$78,522 (+52.7%)
- Typical home value: $227,396 (#8 most expensive city in metro)
10 / 20
Stacker

#11. Crofton, KY

- 1-year price change: +$30,400 (+20.6%)
- 5-year price change: +$63,249 (+55.1%)
- Typical home value: $178,050 (#16 most expensive city in metro)

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11 / 20
Stacker

#10. Tennessee Ridge, TN

- 1-year price change: +$31,141 (+20.9%)
- 5-year price change: +$65,613 (+57.1%)
- Typical home value: $180,452 (#15 most expensive city in metro)
12 / 20
Stacker

#9. Cerulean, KY

- 1-year price change: +$32,439 (+18.0%)
- 5-year price change: +$79,792 (+60.0%)
- Typical home value: $212,826 (#11 most expensive city in metro)
13 / 20
Stacker

#8. Cumberland City, TN

- 1-year price change: +$35,238 (+19.0%)
- 5-year price change: +$96,283 (+77.4%)
- Typical home value: $220,695 (#9 most expensive city in metro)
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Stacker

#7. Herndon, KY

- 1-year price change: +$38,104 (+19.8%)
- 5-year price change: +$80,448 (+53.8%)
- Typical home value: $230,074 (#6 most expensive city in metro)
15 / 20
Stacker

#6. Pembroke, KY

- 1-year price change: +$40,185 (+21.2%)
- 5-year price change: +$80,930 (+54.3%)
- Typical home value: $229,984 (#7 most expensive city in metro)

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16 / 20
Stacker

#5. Clarksville, TN

- 1-year price change: +$40,398 (+15.2%)
- 5-year price change: +$137,397 (+81.1%)
- Typical home value: $306,866 (#4 most expensive city in metro)
17 / 20
Stacker

#4. Woodlawn, TN

- 1-year price change: +$40,501 (+15.3%)
- 5-year price change: +$142,255 (+86.9%)
- Typical home value: $305,959 (#5 most expensive city in metro)
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Stacker

#3. Southside, TN

- 1-year price change: +$41,700 (+13.3%)
- 5-year price change: +$156,508 (+78.7%)
- Typical home value: $355,428 (#2 most expensive city in metro)
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Stacker

#2. Cunningham, TN

- 1-year price change: +$52,965 (+17.6%)
- 5-year price change: +$162,109 (+84.6%)
- Typical home value: $353,803 (#3 most expensive city in metro)
20 / 20
Stacker

#1. Palmyra, TN

- 1-year price change: +$60,697 (+19.6%)
- 5-year price change: +$173,532 (+87.9%)
- Typical home value: $370,925 (#1 most expensive city in metro)

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