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Housing
Situation:
Rental
Units: Average rent for a 2BR/1 Bath
unit is $400.00 per month. Current
Vacancy Rates are near 8%.
New
Housing:
In steady supply
both within the city
limits of Clarksville,
Lamar, and Knoxville and
also in the rural areas
of Johnson
County
Average
Home Sale:
3 Bedroom/2 Bath,1300ft2 for around
$79,900-$94,500
Building Lot
Info:
Commercial Lot
Availability: There are
quite a few lots
available near I-40
Exits #57 & #55.
Lots near Exit #58 are
in short supply.
Commercial lot prices
range from
$50,000.00 to
$100,000.00 per
acre.
Typical
Residential Lot Size in
Clarksville City
Limits:
100'x100', ¼
acre m/l
Typical Residential
Lot Size Outside the
City Limits:
208'X208', 1 acre
m/l
Residential Lot Availability:
Many lots are available for purchase
both within the city and just outside
of town. Average lot prices are between
$10,000.00 and $16,000.00
each.
Residential
Construction Costs
Custom built homes cost on average
between $65 and $100 per heated and
cooled square foot to construct. The
quality of interior finishing materials
and fixtures usually determines where
on the price per square foot scale one
would fall.
Land Prices in
Johnson County:
Land prices for rural
property vary greatly
depending on several
factors including but
not limited to
…….availability
of city water &
other utilities, school
district, proximity to
Clarksville, lay of the
land, whether the land
is wooded or pasture,
whether the land is on a
paved or gravel road,
whether there is a
mountainview, a
waterview, or no view at
all, and whether the
total number of acres is
small or large.
Generally speaking
average prices are as
follows for tracts of 40
acres or more:
Pastureland = $1200.00 to $2200.00
per acre
Wooded Property = $850.00 to
$1500 per acre depending on timber value
Cut-Over Timberland = $600.00
to $800.00 per acre
*Tracts
of 5 to 20 acres often
sell for twice the per
acre prices listed
above*
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HOUSING