Zip 37814 (Morristown, TN) Housing

Housing in 37814 Morristown, TN is considerably more expensive than the US median value. The median value for housing in the area is $231,400 compared to the US median value of $338,100. What's more, the house appreciation rate over the last year has been 21.68%, much higher than the US 1 year house appreciation rate of 8.27%. This means that homes in this region are quickly increasing in value and demand, making them a great investment opportunity.

The median home cost in Morristown (zip 37814) is $231,400. Home appreciation the last 10 years has been 114.6%. Home Appreciation in Morristown (zip 37814) is up 27.0%.

Average Age of Homes

- The median age of Morristown (zip 37814) real estate is 40 years old

The Rental Market in Morristown (zip 37814)

- Renters make up 28.2% of the Morristown (zip 37814) population
- 2.0% of houses and apartments in Morristown (zip 37814), 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	Morristown, Tennessee	United States
	14,929.0	139,647,020.0
	42	42
	$231,400	$338,100
	27.0%	16.6%
	87.9%	57.0%
	114.6%	101.1%
	$5.42	$10.98
	$834	$2,690
	55.2%	57.4%
	10.9%	11.2%
	33.8%	31.4%
Vacant Housing
	2.0%	1.9%
	0.0%	0.4%
	1.2%	0.7%
	0.5%	0.4%
	0.6%	3.6%
	6.6%	4.1%
Value of Owner-Occupied Housing
	2.9%	2.6%
	2.6%	2.4%
	1.2%	2.8%
	5.8%	3.9%
	7.0%	4.5%
	28.2%	11.3%
	26.2%	13.0%
	14.0%	20.1%
	7.7%	13.6%
	2.5%	8.3%
	1.4%	9.7%
	0.0%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	7.8%	13.6%
	7.8%	13.6%
	21.4%	13.6%
	10.9%	13.2%
	23.9%	14.8%
	21.4%	13.6%
	8.9%	10.0%
	3.4%	4.7%
	2.8%	12.2%

Reviews for Morristown

See all (0)

Write a Review

Start Your Review of Morristown

Commute