Why Live in Patrick Place
Patrick Place is a tranquil suburban housing development on the far north side of Clarksville, Tennessee, right on the border with Kentucky. Much of the neighborhood features steep, hilly residential streets as well as mature trees that can obscure the view of Kentucky farmland next door. “My clients were actually renting a house in the neighborhood. They decided to stay and buy a house because they loved the quietness,” says Jenny Robinson, a Realtor with Weichert Realtors who has been working in Clarksville since 2004. More than 80% of residents are homeowners, and the median household income is around $103,000, considerably higher than the citywide median of about $67,000. The neighborhood is also right off Tiny Town Road, a gateway to nearby stores, restaurants and parks. Patrick Place mostly consists of single-family homes built between the 1990s and early 2000s, featuring ranch-style, Colonial Revival and New Traditional designs with a blend of brick and vinyl siding. Most homes sit on half-acre lots with spacious fenced-in backyards and a backsplash of trees. Smaller ranch-style houses sell for around $280,000 to $300,000, while larger homes range from $320,000 to
Frequently Asked Questions
Is Patrick Place a good place to live?
Patrick Place is a good place to live. Patrick Place is considered very car-dependent and somewhat bikeable. Patrick Place is a neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Patrick Place has 2 parks for recreational activities. It has a median age of 34. The average household income is $101,832 which is above the national average. College graduates make up 28.9% of residents. A majority of residents in Patrick Place are home owners, with 17.5% of residents renting and 82.5% of residents owning their home. A
local real estate agent serving Patrick Place can help you decide if this neighborhood is the right one for you. Learn more on our
Patrick Place neighborhood guide.
Is Patrick Place, TN a safe neighborhood?
Patrick Place, TN is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Patrick Place?
The median home price in Patrick Place is $338,945. If you put a 20% down payment of $67,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,760 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $75K a year to afford the median home price in Patrick Place. The average household income in Patrick Place is $102K.
What are the best public schools in Patrick Place?
The best public schools that serve Patrick Place are:
What are the most popular zip codes in Patrick Place, Clarksville, TN?
What are the most popular neighborhoods near Patrick Place, Clarksville, TN?
Are home prices dropping in Patrick Place?
Yes, home prices in Patrick Place are down 58% in the last 12 months.
Home Trends in Patrick Place, TN
On average, homes in Patrick Place, Clarksville sell after 48 days on the market compared to the national average of 70 days. The median sale price for homes in Patrick Place, Clarksville over the last 12 months is $314,900, down 61% from the median home sale price over the previous 12 months.
Median Sale Price
$314,900
Median Single Family Sale Price
$329,945
Average Price Per Sq Ft
$201
Number of Homes for Sale
4
Last 12 months Home Sales
13
Median List Price
$338,945
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-61%