Morristown, TN Real Estate & Property Data

Morristown Real Estate Market Trends
Last Updated: April 22, 2025

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 759 residential properties have sold over the past year. With a median home price of $285,000 in Morristown and a total of 3 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
Total Residential Properties 18,903
Total Commercial Properties 1,488
Avg. Home Age (Single Family Home) 51 Years
Avg. Square Feet (Single Family Home) 1,535
Total 2025 Residential Sales (year-to-date) 90
% of Homes Seriously Underwater (Q2 2025) 0.65%
Total 2024 Residential Sales 719
% of Equity Rich Homes (Q2 2025) 28.41%
Effective 2024 Property Tax 0.24%
Total Foreclosure Filings (year-to-date) 6
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Morristown, TN Real Estate Overview

There were 759 residential properties sold in the past year in Morristown, TN. The median home value in Morristown, TN is $270,402. There are a total of 18,903 residential properties in the Morristown.

Median Sales Price i
$285,000
(Feb 2025)
-2.9%
year-over-year
y-o-y
  • February '25 Feb '25 $285,000
  • January '25 Jan '25 $247,000
  • December '24 Dec '24 $225,000
  • November '24 Nov '24 $298,700
  • October '24 Oct '24 $313,000
  • September '24 Sep '24 $298,000
  • August '24 Aug '24 $282,500
  • July '24 Jul '24 $277,500
  • June '24 Jun '24 $297,750
  • May '24 May '24 $238,000
  • April '24 Apr '24 $286,500
  • March '24 Mar '24 $279,900
Median Down Payment i
$16,916
(Feb 2025)
-49.9%
year-over-year
y-o-y
  • February '25 Feb '25 $16,916
  • January '25 Jan '25 $40,000
  • December '24 Dec '24 $12,250
  • November '24 Nov '24 $13,000
  • October '24 Oct '24 $22,240
  • September '24 Sep '24 $30,000
  • August '24 Aug '24 $19,951
  • July '24 Jul '24 $52,000
  • June '24 Jun '24 $60,000
  • May '24 May '24 $10,000
  • April '24 Apr '24 $25,000
  • March '24 Mar '24 $34,990
Number of Homes Sold i
45
(Feb 2025)
-15.1%
year-over-year
y-o-y
  • February '25 Feb '25 45
  • January '25 Jan '25 45
  • December '24 Dec '24 47
  • November '24 Nov '24 53
  • October '24 Oct '24 71
  • September '24 Sep '24 58
  • August '24 Aug '24 70
  • July '24 Jul '24 68
  • June '24 Jun '24 48
  • May '24 May '24 73
  • April '24 Apr '24 72
  • March '24 Mar '24 56
Number of Purchase Loans i
35
(Feb 2025)
-16.7%
year-over-year
y-o-y
  • February '25 Feb '25 35
  • January '25 Jan '25 36
  • December '24 Dec '24 41
  • November '24 Nov '24 32
  • October '24 Oct '24 41
  • September '24 Sep '24 39
  • August '24 Aug '24 42
  • July '24 Jul '24 36
  • June '24 Jun '24 39
  • May '24 May '24 42
  • April '24 Apr '24 47
  • March '24 Mar '24 36
Number of REFI Loans i
44
(Feb 2025)
+76%
year-over-year
y-o-y
  • February '25 Feb '25 44
  • January '25 Jan '25 32
  • December '24 Dec '24 29
  • November '24 Nov '24 45
  • October '24 Oct '24 41
  • September '24 Sep '24 46
  • August '24 Aug '24 43
  • July '24 Jul '24 44
  • June '24 Jun '24 38
  • May '24 May '24 41
  • April '24 Apr '24 40
  • March '24 Mar '24 47
Number of HELOC Loans i
8
(Feb 2025)
-20%
year-over-year
y-o-y
  • February '25 Feb '25 8
  • January '25 Jan '25 18
  • December '24 Dec '24 15
  • November '24 Nov '24 13
  • October '24 Oct '24 26
  • September '24 Sep '24 25
  • August '24 Aug '24 14
  • July '24 Jul '24 21
  • June '24 Jun '24 17
  • May '24 May '24 26
  • April '24 Apr '24 16
  • March '24 Mar '24 16

Morristown, TN Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Morristown, TN Foreclosure Activity

There were a total of 3 Morristown, TN properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i
3
(Feb 2025)
+200%
year-over-year
y-o-y
  • February '25 Feb '25 3
  • January '25 Jan '25 3
  • December '24 Dec '24 1
  • November '24 Nov '24 1
  • October '24 Oct '24 3
  • September '24 Sep '24 7
  • August '24 Aug '24 3
  • July '24 Jul '24 1
  • June '24 Jun '24 3
  • May '24 May '24 2
  • April '24 Apr '24 5
  • March '24 Mar '24 2
Foreclosure Starts i
3
(Feb 2025)
+200%
year-over-year
y-o-y
  • February '25 Feb '25 3
  • January '25 Jan '25 3
  • December '24 Dec '24 1
  • November '24 Nov '24 1
  • October '24 Oct '24 3
  • September '24 Sep '24 7
  • August '24 Aug '24 3
  • July '24 Jul '24 1
  • June '24 Jun '24 3
  • May '24 May '24 2
  • April '24 Apr '24 5
  • March '24 Mar '24 2
Completed Foreclosures (REOs) i
  • February '25 Feb '25 N/A
  • January '25 Jan '25 N/A
  • December '24 Dec '24 N/A
  • November '24 Nov '24 1
  • October '24 Oct '24 N/A
  • September '24 Sep '24 N/A
  • August '24 Aug '24 N/A
  • July '24 Jul '24 N/A
  • June '24 Jun '24 1
  • May '24 May '24 N/A
  • April '24 Apr '24 N/A
  • March '24 Mar '24 1
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