The Morristown housing market is somewhat competitive. The median sale price of a home in Morristown was $243K last month, down 5.6% since last year. The median sale price per square foot in Morristown is $190, up 11.8% since last year.
What is the housing market like in Morristown today?
In February 2025, Morristown home prices were down 5.6% compared to last year, selling for a median price of $243K. On average, homes in Morristown sell after 64 days on the market compared to 26 days last year. There were 20 homes sold in February this year, down from 27 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$243,338
-5.6% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Morristown, TN
$243,338
-5.6%
United States
To compare other locations to the Morristown and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Morristown's median sale price is 47% lower than the national average. Overall cost of living in Morristown is 14% lower than the national average. Learn which home features in Morristown add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Morristown housing market?
Morristown is somewhat competitive. Homes sell in 50 days.
0
100
56
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 50 days.
Hot homes
can sell for around list price and go pending in around 14 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Morristown housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Morristown.
Flood Factor - Minor
12% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Morristown has a minor risk of flooding. 990 properties in Morristown are likely to be
severely affected
by flooding over the next 30 years. This represents 12% of all properties in Morristown. Flood risk is increasing slower than the national average.
96% of properties are at risk of wildfire over the next 30 years
Fire Factor
Morristown has a moderate risk of wildfire. There are 11,874 properties in Morristown that have some risk of being affected by wildfire over the next 30 years. This represents 96% of all properties in Morristown.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Morristown has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Morristown is most at risk from hurricanes. 12,247 properties in Morristown have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 47 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 55 mph.