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Morristown

Why you'd want to live in Morristown

Located in the northeast corner of Tennessee, Morristown is the county seat of Hamblen County. The area was first settled in the late 1700’s by settlers of Scotch-Irish and German descent who moved into the region from Virginia, Pennsylvania and North Carolina. The city of Morristown was incorporated in 1855 and at that time was part of Jefferson and Grainger Counties. Hamblen County was formed 15 years later in 1870 from portions of Jefferson, Grainger and Hawkins Counties and is the 3rd smallest county (of 95) in the State of Tennessee by size. via morristownchamber.com

Morristown Market Report

$346,992

AVERAGE PRICE OF 351 HOMES

$1,752,992

AVERAGE PRICE OF 15 MULTI-MILLION DOLLAR HOMES

$316,187

AVERAGE PRICE OF 42 NEWLY BUILT HOMES

$723,740

AVERAGE PRICE OF 15 HOMES WITH A POOL

$497,600

AVERAGE PRICE OF 14 REDUCED PRICE HOMES

$192,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

Average Home

Average Price $346,992
Avg Bedrooms 1.74 beds
Avg Bathrooms 1.37 baths

Average Price by Bedrooms

1 bedroom $209,900
2 bedrooms $214,269
3 bedrooms $318,983
4 bedrooms $531,155
5 bedrooms $524,225
Morristown Home Price Trends
  5/2024 4/2024 3/2024 2/2024 1/2024
Total Listings 456 455 457 484 379
Average Price $330,772 $311,562 $303,775 $301,846 $316,286
Avg Price Change +6.17% +2.56% +0.64% -4.78% -0.49%
Median Price $244,973 $236,088 $238,237 $234,466 $254,776
Med Price Change +3.76% -0.91% +1.61% -8.66% -0.59%
Avg Bedrooms 1.65 beds 1.61 beds 1.61 beds 1.62 beds 1.76 beds
Avg Bathrooms 1.27 baths 1.25 baths 1.24 baths 1.25 baths 1.35 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
East 58 $228,959 98 days
Morristown East 18 $239,553 107 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 351 $346,992 119 days
Multi-Million Dollar Homes 15 $1,752,992 106 days
Newly Built Homes 42 $316,187 73 days
Homes with a Pool 15 $723,740 81 days
Reduced Price Homes 14 $497,600 29 days
Distressed Homes 1 $192,000 264 days
Greater Impact Realty Lakeway | Cantwell Property Group
Ben Cantwell
144 Cold Creek Dr
Morristown, TN 37814
423-438-7077

The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2024. All rights reserved. This information is being provided for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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