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Area data

Morristown, TN — ZIP 37814

Population: 35,239 (Census ACS)

Home values & appreciation

Median home value
$286,771
1-year appreciation
+4.6%
3-year appreciation
+13.7%
5-year appreciation
+41.6%
10-year appreciation
+108.4%
All-time peak (2026-06)
$287,097
House Price Index
475.9 (+0.5% YoY)

Market activity

Median sale price
$330,000
Median list price
$332,400
Median days on market
4 days
Sale-to-list ratio
101.6%
Active listings
4
1-year forecast
+2.4%
Days to pending
47 days
New listings (monthly)
39

Rents

Typical rent
$1,471/mo
1BR fair-market rent
$948/mo
3BR fair-market rent
$1,508/mo

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
13.2¢/kWh
Natural gas rate (state-level)
$11.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
6
Elementary schools
5
Middle schools
1
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
lightning
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
60.0°F
Average high
70.0°F
Average low
50.0°F
Annual precipitation
34.7 in
Annual snowfall
0.8 in

Walkability & transit

Walkability index
6.8 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
3
Nearest national park
Andrew Johnson National Historic Site (28 mi)
Nearest airport
Morristown Regional Airport (MOR) (4 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
2.0 / 5
Solar radiation rating
Fair (4.3 kWh/m²/day)

Migration

Net migration
+499 tax filers

Housing stock

Median year housing built
1,980
Median annual property tax
$935
Mean commute to work
20 min
Households with broadband internet
73.3%

Employment & development

Total county employment
29,837
Average weekly wage
$941
Top industries (by employment)
Health Care, Administrative Services, Accommodation & Food
Annual residential building permits (county)
215

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents