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City / Town Overview

Morristown, TN

Aggregate real estate market report across all ZIPs in scope
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
241
⇧ 32.4% vs 182 last year
Pending
73
30% pending ratio
Median Price
$380,545
⇧ 7.2% vs $355,072 last year
Average Price
$420,907
⇧ 1.6% vs $414,111 last year
Days on Market
87.8
⇧ 26.1% vs 70 days last year

Market Analysis

Data as of January 2026. Source: Realtor.com.

The Morristown, TN real estate market currently shows 241 active listings, with 73 pending sales. Homes are averaging 87.8 days on the market before going under contract.

Inventory has increased compared to last year, with 59 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 87.8 days on market compared to 69.6 days last year.

The median listing price has risen 7.2% year-over-year, from $355,072 to $380,545.

Whether you are buying or selling in Morristown, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Included Areas

Morristown: 37813, 37814, 37815, 37816

Market Context

ZIP coverage: 4  ·  Population: 52,082  ·  Median household income: $47,014

Typical home value: $160,235  ·  Homeownership rate: 63.9%

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings