2025 Compare Cities Housing:
Morristown, TN vs Memphis, TN

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Highlights
- The median age of a home in Morristown is 13.0% younger than the median age of a home in Memphis.
 Morristown, TNMemphis, TNUnited States
 Median Home Age46  Unlock42
 Median Home Cost  Unlock$148,300$338,100
 Home Appr. Last 12 months27.0%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock61.3%57.0%
 Home Appr. Last 10 yrs.114.6%  Unlock101.1%
 Property Tax Rate  Unlock$14.8$11.0
 Homes Owned43.5%  Unlock57.4%
 Housing Vacant  Unlock14.0%11.2%
 Homes Rented44.0%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Morristown, TNMemphis, TNUnited States
 Average Rent  Unlock$1,380$1,840
 Studio Apartment$650  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$920$1,180
 2 Bedroom Home or Apartment$850  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,400$1,860
 4 Bedroom Home or Apartment$1,330  Unlock$2,160
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 Vacant Housing
 Morristown, TNMemphis, TNUnited States
 Vacant For Rent  Unlock4.0%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.4%0.7%
 Vacant Sold0.7%  Unlock0.4%
 Vacant Vacation  Unlock0.3%3.6%
 Vacant Other7.6%  Unlock4.1%
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 Owner-Occupied Housing Value
 Morristown, TNMemphis, TNUnited States
 Less Than $20,000  Unlock2.9%2.6%
 $20,000 to $39,9990.5%  Unlock2.4%
 $40,000 to $59,999  Unlock10.3%2.8%
 $60,000 to $79,9998.7%  Unlock3.9%
 $80,000 to $99,999  Unlock12.3%4.5%
 $100,000 to $149,99933.9%  Unlock11.3%
 $150,000 to $199,999  Unlock11.9%13.0%
 $200,000 to $299,9998.0%  Unlock20.1%
 $300,000 to $399,999  Unlock5.6%13.6%
 $400,000 to $499,9991.4%  Unlock8.3%
 $500,000 to $749,999  Unlock2.7%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.8%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.3%1.1%
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 Housing Units By Year Built
 Morristown, TNMemphis, TNUnited States
 2015 and Newer0.5%  Unlock0.2%
 2010 to 2014  Unlock6.3%13.6%
 2000 to 20097.2%  Unlock13.6%
 1990 to 1999  Unlock9.5%13.6%
 1980 to 19899.0%  Unlock13.2%
 1970 to 1979  Unlock17.9%14.8%
 1960 to 196918.3%  Unlock13.6%
 1950 to 1959  Unlock20.0%10.0%
 1940 to 19497.6%  Unlock4.7%
 1939 or Earlier  Unlock7.7%12.2%
Reviews for Morristown    9 Reviews

I've lived here pretty much my whole life minus a year here and there. After seeing what other places are like, I see how bad this place is. Nothing to do, and  More

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I have lived in the Lakeway area my whole life ( I am in my late 40s ). While it was a one time the perfect area to live in, Morristown and its local leaders are ruining  More

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Over 13 years ago

I've lived here for about 22 yrs, the best of those being from age 5 to 18. Morristown is a great place to raise a family or retire to but if one is to "get  More

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Reviews for Memphis    148 Reviews

I was mugged my very first night in Memphis. They tried to take my iPhone. I was walking only a block from my house in a "safe" area, too.  More

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Memphis is a city with a history of civil rights, slavery , blues and rockn'roll music. It's a great place for a weekend getaway. This city has lots of great things to  More

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Over 5 years ago

Do you like being panhandled every 30 seconds? Love that cool ambiance of gangs? Are drugs your thing? Then you will love Memphis. Had good times here in the 90’s, the  More

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