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Casablanca Corpening HIlls Crockett Ridge Edgewood Hidden Acres Kilgore Subdivision Landmark Estates North Brook Vantage View Westview Wildwood

MORRISTOWN, TN 37814

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

Neighborhoods in ZIP 37814

Casablanca · Corpening HIlls · Crockett Ridge · Edgewood · Hidden Acres · Kilgore Subdivision · Landmark Estates · North Brook · Vantage View · Westview · Wildwood

Market Analysis

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

The MORRISTOWN, TN real estate market (37814) currently shows 164 active listings, with 48 pending sales. Homes are averaging 70 days on the market before going under contract.

Inventory has increased compared to last year, with 29 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 70 days on market compared to 66 days last year.

The median listing price has risen 9.5% year-over-year, from $387,900 to $424,900.

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: 34,894  ·  Density: 307.2/mi²  ·  Median household income: $49,686

Typical home value: $170,362  ·  Homeownership: 63.0%

Market Overview

Active Listings
164
⇧ 21.5% vs 135 last year
Pending
48
29% pending ratio
Median Price
$424,900
⇧ 9.5% vs $387,900 last year
Average Price
$473,416
⇧ 8.5% vs $436,437 last year
Days on Market
70
⇧ 6.1% vs 66 days last year

Price Per Square Foot

Median $/sqft
$200
⇧ 5.3% vs $190/sqft last year
Median Home Size
2,168 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 164 this year vs 135 last year
  • Days on market: 70 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $424,900 (+9.5% YoY)
  • Average: $473,416 (+8.5% 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 23.0 miles — 620 listings ($339,461,509 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37814Morristown, TN 378140.0 mi166$75,514,894$421,900$454,909
37708Bean Station, TN 377086.0 mi34$16,193,418$432,400$476,277
37860Russellville, TN 378608.2 mi17$11,750,502$432,425$691,206
37811Mooresburg, TN 3781110.5 mi15$12,220,095$696,750$814,673
37881Thorn Hill, TN 3788111.3 mi7$2,591,302$324,900$370,186
37760Jefferson City, TN 3776011.6 mi61$32,387,767$439,675$530,947
37713Bybee, TN 3771314.9 mi5$1,812,125$362,425$362,425
37711Bulls Gap, TN 3771116.6 mi10$3,743,490$358,675$374,349
37725Dandridge, TN 3772516.9 mi135$95,827,590$567,375$709,834
37709Blaine, TN 3770919.2 mi17$13,925,788$709,925$819,164
37821Newport, TN 3782119.5 mi102$44,741,076$359,950$438,638
37818Mosheim, TN 3781820.3 mi11$4,403,542$433,650$400,322
37825New Tazewell, TN 3782523.0 mi40$24,349,920$390,000$608,748

Frequently Asked Questions

How many homes are for sale in MORRISTOWN, TN 37814?

As of March 2026, there are 164 active listings in MORRISTOWN, TN (zip code 37814), compared to 135 the prior year.

What is the median home price in MORRISTOWN, TN 37814?

The median listing price in MORRISTOWN, TN 37814 is $424,900 as of March 2026, a 9.5% increase from $387,900 the prior year.

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

Homes in MORRISTOWN, TN 37814 spend an average of 70 days on the market before going under contract, compared to 66 days the prior year.

Is it a seller's or buyer's market in MORRISTOWN, TN 37814?

Based on current inventory and days-on-market data as of March 2026, MORRISTOWN, TN 37814 is currently a Buyer's Market. Inventory has increased compared to last year, with 29 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 70 days on market compared to 66 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 37814 save an estimated $8,498 compared to a typical 5% commission on the median listing price of $424,900. 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.