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Beechnut Subdivision The Colonies

MORRISTOWN, TN 37813

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 37813

Beechnut Subdivision · The Colonies

Market Analysis

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

The MORRISTOWN, TN real estate market (37813) currently shows 64 active listings, with 19 pending sales. Homes are averaging 89 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 89 days on market compared to 49 days last year.

The median listing price has fallen 12.7% year-over-year, from $319,999 to $279,450.

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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Market Context

Market Context

Population: 17,188  ·  Density: 114.4/mi²  ·  Median household income: $41,590

Typical home value: $139,677  ·  Homeownership: 65.7%

Market Overview

Active Listings
64
⇧ 36.2% vs 47 last year
Pending
19
30% pending ratio
Median Price
$279,450
⇩ 12.7% vs $319,999 last year
Average Price
$351,961
⇩ 11.8% vs $398,945 last year
Days on Market
89
⇧ 81.6% vs 49 days last year

Price Per Square Foot

Median $/sqft
$189
⇩ 3.1% vs $195/sqft last year
Median Home Size
1,758 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 64 this year vs 47 last year
  • Days on market: 89 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $279,450 (-12.7% YoY)
  • Average: $351,961 (-11.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.2 miles — 425 listings ($223,847,154 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37813Morristown, TN 378130.0 mi68$23,595,932$287,825$346,999
37860Russellville, TN 378606.5 mi17$11,750,502$432,425$691,206
37877Talbott, TN 378778.0 mi51$33,963,552$373,652$665,952
37713Bybee, TN 377139.4 mi5$1,812,125$362,425$362,425
37708Bean Station, TN 3770810.9 mi34$16,193,418$432,400$476,277
37811Mooresburg, TN 3781112.7 mi15$12,220,095$696,750$814,673
37821Newport, TN 3782114.3 mi102$44,741,076$359,950$438,638
37711Bulls Gap, TN 3771114.5 mi10$3,743,490$358,675$374,349
37881Thorn Hill, TN 3788116.0 mi7$2,591,302$324,900$370,186
37843Parrottsville, TN 3784316.6 mi15$7,278,780$410,950$485,252
37888Washburn, TN 3788821.4 mi7$2,947,406$319,500$421,058
37869Sneedville, TN 3786923.5 mi36$26,522,604$299,225$736,739
37764Kodak, TN 3776424.2 mi58$36,486,872$481,175$629,084

Frequently Asked Questions

How many homes are for sale in MORRISTOWN, TN 37813?

As of March 2026, there are 64 active listings in MORRISTOWN, TN (zip code 37813), compared to 47 the prior year.

What is the median home price in MORRISTOWN, TN 37813?

The median listing price in MORRISTOWN, TN 37813 is $279,450 as of March 2026, a 12.7% decrease from $319,999 the prior year.

How long do homes stay on the market in MORRISTOWN, TN?

Homes in MORRISTOWN, TN 37813 spend an average of 89 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in MORRISTOWN, TN 37813?

Based on current inventory and days-on-market data as of March 2026, MORRISTOWN, TN 37813 is currently a Buyer's Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 89 days on market compared to 49 days last year.

How much can I save on real estate commission in MORRISTOWN, TN?

With SELL123.com's maximum 3% commission, sellers in MORRISTOWN, TN 37813 save an estimated $5,589 compared to a typical 5% commission on the median listing price of $279,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.