Morristown, TN—37814
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$289,000
4.2% YoY Growth
Household Income
$51,100
17.9% YoY Growth
Days on Market
66
19.0% Longer YoY
Home Price Forecast
2.5%
Median Rent
$1,400
4.7% YoY Growth
1-Bed Rent
$995
6.2% YoY Growth
2-Bed Rent
$1,280
10.3% YoY Growth
3-Bed Rent
$1,500
4.8% YoY Growth
Other Zip Codes in Morristown, TN
Home Price Trends — Morristown, TN
As of May '26, the median home price in Morristown, TN is $289,000, with a year-over-year change of 4.2%. This indicates that home prices in Morristown, TN are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $289,000 | 4.2% |
| Single Family | $289,000 | 4.7% |
| Condos | $282,000 | 3.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |