Circle Squared Various Investments founder Jeff Sica joins Varney & Co. to elucidate the impact of excessive oil and gasoline costs on the housing market.
A suburb close to Nashville, Tennessee, is within the midst of a growth amid an inflow of higher-paying tech and commerce jobs.
A report by Realtor.com discovered that Clarksville, positioned about 45 minutes outdoors of Nashville, is drawing in residents partly due to a number of manufacturing companies establishing store within the space and decrease housing costs.
The median itemizing worth for a home in Clarksville is $357,950, whereas the median record worth in Nashville is $527,225 – which represents a possible financial savings of about 32.1%.
Housing demand is anticipated to stay robust within the space. Realtor’s report famous that T.RAD, an auto elements producer headquartered in Japan, opted to construct a brand new plant within the space whereas Korea Zinc is increasing its footprint there as nicely.
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Clarksville is a metropolis in Montgomery County, Tennessee. (iStock)
T.RAD’s Clarksville manufacturing facility is the primary location in Tennessee for the corporate’s North American division. It plans to take a position $90.2 million in a producing facility that is projected to create 928 jobs within the subsequent few years.
Korea Zinc at the moment has about 300 present jobs within the space and can also be increasing with at the very least 420 direct positions, whereas additionally supporting further jobs by means of suppliers and different financial exercise.
Employees filling the brand new roles are anticipated to earn revenue in a variety between $86,000 and almost $200,000 a 12 months, in accordance with the report.
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The U.S. army is a number one employer within the space close to Clarksville due to its proximity to Fort Campbell. (Luke Sharrett/Getty Photographs)
The U.S. Military’s Fort Campbell can also be one of many prime employers within the space, which can also be residence to Austin Peay State College.
“Bringing extra jobs to a smaller space could be nice for the native housing market, if stock is ready to sustain with demand,” stated Hannah Jones, senior financial analysis analyst at Realtor.com.
“The info suggests {that a} pickup in demand resulted in vital residence worth progress during the last six years. Nevertheless, costs have leveled out within the final 12 months and time on market has grown, suggesting the market is rebalancing,” Jones added.
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Clarksville is a suburb of Nashville, Tennessee. (Carol M. Highsmith/Buyenlarge/Getty Photographs)
Clarksville is the fifth-largest metropolis in Tennessee by way of inhabitants, and has seen an uptick in new residence development in the previous few years.
“By way of single-family residence gross sales, in 2025 about 85% have been present properties, roughly on par with the pre-pandemic norm,” Jones stated.
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“Nonetheless, the brand new development share of gross sales grew nearly 6 share factors in 2025 in comparison with 2024, suggesting that extra consumers are choosing new development in comparison with the final three years, although the share is beneath the pandemic period norm,” she added.
