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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

$350,477

AVERAGE PRICE OF 515 HOMES

$1,785,933

AVERAGE PRICE OF 21 MULTI-MILLION DOLLAR HOMES

$381,778

AVERAGE PRICE OF 77 NEWLY BUILT HOMES

$637,008

AVERAGE PRICE OF 22 HOMES WITH A POOL

$422,966

AVERAGE PRICE OF 27 REDUCED PRICE HOMES

Average Home

Average Price $350,477
Avg Bedrooms 1.79 beds
Avg Bathrooms 1.41 baths

Average Price by Bedrooms

1 bedroom $495,000
2 bedrooms $268,093
3 bedrooms $327,108
4 bedrooms $505,503
5 bedrooms $544,326
Morristown Home Price Trends
  9/2024 8/2024 7/2024 6/2024 5/2024
Total Listings 534 512 473 446 456
Average Price $354,037 $351,971 $368,799 $348,629 $330,772
Avg Price Change +0.59% -4.78% +5.79% +5.40% +6.17%
Median Price $276,794 $271,188 $270,759 $245,743 $244,973
Med Price Change +2.07% +0.16% +10.18% +0.31% +3.76%
Avg Bedrooms 1.89 beds 1.89 beds 1.91 beds 1.65 beds 1.65 beds
Avg Bathrooms 1.51 baths 1.51 baths 1.53 baths 1.29 baths 1.27 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Morristown East 22 $359,972 106 days
Morristown West 16 $608,287 61 days
West 66 $391,281 123 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 515 $350,477 106 days
Multi-Million Dollar Homes 21 $1,785,933 106 days
Newly Built Homes 77 $381,778 59 days
Homes with a Pool 22 $637,008 50 days
Reduced Price Homes 27 $422,966 64 days
Greater Impact Realty Lakeway | Cantwell Property Group
Ben Cantwell
144 Cold Creek Dr
Morristown, TN 37814
423-438-7077

Fair Housing/Equal Opportunity
Terms of Use Privacy Notice DMCA
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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