Morristown, TN Real Estate & Property Data

Morristown Real Estate Market Trends
Last Updated: May 01, 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 791 residential properties have sold over the past year. With a median home price of $269,950 in Morristown and a total of 2 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 18,728
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) 141
% 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) 5
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Morristown, TN Real Estate Overview

There were 791 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
$269,950
(Mar 2024)
+18.1%
year-over-year
y-o-y
  • March '24 Mar '24 $269,950
  • 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
Median Down Payment i
$19,339
(Mar 2024)
+84.2%
year-over-year
y-o-y
  • March '24 Mar '24 $19,339
  • 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
Number of Homes Sold i
48
(Mar 2024)
-11.1%
year-over-year
y-o-y
  • March '24 Mar '24 48
  • 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
Number of Purchase Loans i
31
(Mar 2024)
-35.4%
year-over-year
y-o-y
  • March '24 Mar '24 31
  • 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
Number of REFI Loans i
49
(Mar 2024)
+44.1%
year-over-year
y-o-y
  • March '24 Mar '24 49
  • 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
Number of HELOC Loans i
14
(Mar 2024)
-57.6%
year-over-year
y-o-y
  • March '24 Mar '24 14
  • 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

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 2 Morristown, TN properties with a foreclosure filing in March 2024. Lenders started the foreclosure process on 2 Morristown, TN properties and repossessed 1 Morristown, TN properties through completed foreclosures (REOs) in March 2024.

Total Foreclosure Filings i
2
(Mar 2024)
-50%
year-over-year
y-o-y
  • March '24 Mar '24 2
  • 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
Foreclosure Starts i
2
(Mar 2024)
-50%
year-over-year
y-o-y
  • March '24 Mar '24 2
  • 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
Completed Foreclosures (REOs) i
1
(Mar 2024)
  • March '24 Mar '24 1
  • 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
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