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MORRIS CHAPEL, TN 38361

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

Market Analysis

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

The MORRIS CHAPEL, TN real estate market (38361) currently shows 10 active listings, with 3 pending sales. Homes are averaging 146 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 146 days on market compared to 94 days last year.

The median listing price has risen 67.6% year-over-year, from $230,000 to $385,500.

Whether you are buying or selling in MORRIS CHAPEL, 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: 1,185  ·  Density: 10.2/mi²  ·  Median household income: $57,582

Typical home value: $133,274  ·  Homeownership: 91.2%

Market Overview

Active Listings
10
⇧ 233.3% vs 3 last year
Pending
3
30% pending ratio
Median Price
$385,500
⇧ 67.6% vs $230,000 last year
Average Price
$438,290
⇩ 19.2% vs $542,300 last year
Days on Market
146
⇧ 55.3% vs 94 days last year

Price Per Square Foot

Median $/sqft
$192
⇩ 1% vs $194/sqft last year
Median Home Size
1,313 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 3 last year
  • Days on market: 146 now vs 94 last year

Median & Average Pricing

Year over Year
  • Median: $385,500 (+67.6% YoY)
  • Average: $438,290 (-19.2% 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 22.3 miles — 285 listings ($122,051,906 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
38361Morris Chapel, TN 383610.0 mi11$4,461,358$333,000$405,578
38370Saltillo, TN 383705.5 mi3$858,801$209,000$286,267
38310Adamsville, TN 383107.2 mi40$10,356,080$252,900$258,902
38332Enville, TN 3833210.4 mi3$713,901$229,000$237,967
38379Stantonville, TN 3837913.2 mi7$5,429,011$422,400$775,573
38372Savannah, TN 3837213.5 mi136$60,284,312$362,875$443,267
38311Bath Springs, TN 3831113.7 mi5$2,297,575$406,000$459,515
38347Jacks Creek, TN 3834715.9 mi2$510,000$255,000$255,000
38365Pickwick Dam, TN 3836518.6 mi1$599,900$599,900$599,900
38326Counce, TN 3832619.0 mi60$30,298,200$351,450$504,970
38425Clifton, TN 3842519.4 mi12$4,657,968$319,500$388,164
38352Luray, TN 3835219.9 mi4$1,249,800$312,450$312,450
38339Guys, TN 3833922.3 mi1$335,000$335,000$335,000

Frequently Asked Questions

How many homes are for sale in MORRIS CHAPEL, TN 38361?

As of March 2026, there are 10 active listings in MORRIS CHAPEL, TN (zip code 38361), compared to 3 the prior year.

What is the median home price in MORRIS CHAPEL, TN 38361?

The median listing price in MORRIS CHAPEL, TN 38361 is $385,500 as of March 2026, a 67.6% increase from $230,000 the prior year.

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

Homes in MORRIS CHAPEL, TN 38361 spend an average of 146 days on the market before going under contract, compared to 94 days the prior year.

Is it a seller's or buyer's market in MORRIS CHAPEL, TN 38361?

Based on current inventory and days-on-market data as of March 2026, MORRIS CHAPEL, TN 38361 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 146 days on market compared to 94 days last year.

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

With SELL123.com's maximum 3% commission, sellers in MORRIS CHAPEL, TN 38361 save an estimated $7,710 compared to a typical 5% commission on the median listing price of $385,500. 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.