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*