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Morristown, TN Real Estate & Property Data

Morristown Real Estate Market Trends

Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Morristown, TN. ATTOM’s Morristown real estate data is updated daily, and current market trends show that in Morristown, TN a total of 798 residential properties have sold over the past year. With a median home price of $287,500 in Morristown and a total of 1 foreclosures. Get detailed property data for Morristown, TN instantly. ATTOM is your one-stop-shop for the Morristown property reports and real estate data you need in Morristown, TN.

Morristown Real Estate Market Trends

Get property data for any address in Morristown, TN or the country:

Total Residential Properties 18,728

Total Commercial Properties 1,488

Avg. Home Age (Single Family Home) 50 Years

Avg. Square Feet (Single Family Home) 1,532

Total 2024 Residential Sales (year-to-date) 93

% of Homes Seriously Underwater (Q2 2024) 0.62%

Total 2023 Residential Sales 757

% of Equity Rich Homes (Q2 2024) 37.73%

Effective 2023 Property Tax 0.3%

Total Foreclosure Filings (year-to-date) 3

Morristown, TN Real Estate Overview

There were 798 residential properties sold in the past year in Morristown, TN. The median home value in Morristown, TN is $249,339. There are a total of 18,728 residential properties in the Morristown.

Median Sales Price i

$287,500

(Feb 2024)

+45.6%

year-over-year

y-o-y

February '24 Feb '24 $287,500
January '24 Jan '24 $222,099
December '23 Dec '23 $290,000
November '23 Nov '23 $262,500
October '23 Oct '23 $226,000
September '23 Sep '23 $263,500
August '23 Aug '23 $222,500
July '23 Jul '23 $237,500
June '23 Jun '23 $229,500
May '23 May '23 $250,000
April '23 Apr '23 $258,200
March '23 Mar '23 $228,500

Median Down Payment i

$14,995

(Feb 2024)

-25%

year-over-year

y-o-y

February '24 Feb '24 $14,995
January '24 Jan '24 $15,721
December '23 Dec '23 $44,000
November '23 Nov '23 $46,500
October '23 Oct '23 $28,750
September '23 Sep '23 $32,945
August '23 Aug '23 $20,000
July '23 Jul '23 $29,900
June '23 Jun '23 $32,760
May '23 May '23 $48,000
April '23 Apr '23 $20,000
March '23 Mar '23 $10,497

Number of Homes Sold i

46

(Feb 2024)

-16.4%

year-over-year

y-o-y

February '24 Feb '24 46
January '24 Jan '24 47
December '23 Dec '23 49
November '23 Nov '23 54
October '23 Oct '23 65
September '23 Sep '23 73
August '23 Aug '23 81
July '23 Jul '23 52
June '23 Jun '23 76
May '23 May '23 70
April '23 Apr '23 76
March '23 Mar '23 54

Number of Purchase Loans i

25

(Feb 2024)

-44.4%

year-over-year

y-o-y

February '24 Feb '24 25
January '24 Jan '24 30
December '23 Dec '23 34
November '23 Nov '23 32
October '23 Oct '23 39
September '23 Sep '23 51
August '23 Aug '23 64
July '23 Jul '23 36
June '23 Jun '23 65
May '23 May '23 63
April '23 Apr '23 50
March '23 Mar '23 48

Number of REFI Loans i

28

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 28
January '24 Jan '24 27
December '23 Dec '23 26
November '23 Nov '23 30
October '23 Oct '23 28
September '23 Sep '23 27
August '23 Aug '23 24
July '23 Jul '23 19
June '23 Jun '23 33
May '23 May '23 21
April '23 Apr '23 22
March '23 Mar '23 34

Number of HELOC Loans i

9

(Feb 2024)

-35.7%

year-over-year

y-o-y

February '24 Feb '24 9
January '24 Jan '24 7
December '23 Dec '23 14
November '23 Nov '23 12
October '23 Oct '23 19
September '23 Sep '23 15
August '23 Aug '23 27
July '23 Jul '23 15
June '23 Jun '23 18
May '23 May '23 24
April '23 Apr '23 20
March '23 Mar '23 33

Morristown, TN Real Estate Market Overview

Last 30 days

Zip
Median Est. Value
Zip
Median Est. Value

37813
$249,339 $162.8/sqft
37814
$267,542 $166.39/sqft

Morristown, TN Foreclosure Activity

There were a total of 1 Morristown, TN properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

1

(Feb 2024)

-75%

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 2
December '23 Dec '23 3
November '23 Nov '23 4
October '23 Oct '23 2
September '23 Sep '23 7
August '23 Aug '23 3
July '23 Jul '23 5
June '23 Jun '23 1
May '23 May '23 8
April '23 Apr '23 4
March '23 Mar '23 4

Foreclosure Starts i

1

(Feb 2024)

-75%

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 2
December '23 Dec '23 3
November '23 Nov '23 4
October '23 Oct '23 2
September '23 Sep '23 7
August '23 Aug '23 3
July '23 Jul '23 5
June '23 Jun '23 1
May '23 May '23 8
April '23 Apr '23 4
March '23 Mar '23 4

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 2
December '23 Dec '23 1
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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