Zip 37357 (Morrison, TN) Housing

The housing market in 37357 Morrison, TN is appreciating at a faster rate than the US house median value. The median value for housing in this area is $256,500 and the US house median value is $338,100. In the past year, the US house appreciation was 8.27%, while the house appreciation in Morrison was 13.88%. This shows that houses in Morrison are increasing in value faster than houses across the US, indicating a strong real estate market and positive outlook for homeowners.

The median home cost in Morrison (zip 37357) is $256,500. Home appreciation the last 10 years has been 99.2%. Home Appreciation in Morrison (zip 37357) is up 22.8%.

Average Age of Homes

- The median age of Morrison (zip 37357) real estate is 31 years old

The Rental Market in Morrison (zip 37357)

- Renters make up 21.8% of the Morrison (zip 37357) population
- 1.8% of houses and apartments in Morrison (zip 37357), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Morrison, Tennessee	United States
	2,310.0	139,647,020.0
	30	42
	$256,500	$338,100
	22.8%	16.6%
	73.7%	57.0%
	99.2%	101.1%
	$4.42	$10.98
	$576	$2,690
	72.1%	57.4%
	12.9%	11.2%
	15.0%	31.4%
Vacant Housing
	1.8%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.2%	0.4%
	0.9%	3.6%
	9.5%	4.1%
Value of Owner-Occupied Housing
	5.5%	2.6%
	10.5%	2.4%
	10.2%	2.8%
	5.4%	3.9%
	4.9%	4.5%
	24.4%	11.3%
	13.4%	13.0%
	12.7%	20.1%
	5.4%	13.6%
	0.6%	8.3%
	6.7%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.4%	13.6%
	16.4%	13.6%
	26.7%	13.6%
	14.1%	13.2%
	14.1%	14.8%
	26.7%	13.6%
	8.1%	10.0%
	0.2%	4.7%
	6.8%	12.2%

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