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Foreclosure Homes in Morrison, TN

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Morrison, TN Foreclosures

How much do homes sell for in Morrison, TN?
The average home price is currently $305,604.
In Morrison, TN, how many homes are available?
There are currently 5 active home listings available in Morrison.
What’s the average rental cost in Morrison, TN?
The average rental price in Morrison is $1,106.
What is the most expensive home in Morrison?
The most expensive home sold in Morrison had a price of $5,626,696.
What is currently the cheapest priced home in Morrison, TN?
The cheapest home for sale in Morrison is priced at $8,403.

Living in Morrison, TN

Morrison, TN is a picturesque town with a strong sense of community, offering a peaceful lifestyle and extensive outdoor activities. The area hosts quality schools and local amenities, making it ideal for families and retirees. Its convenient transportation options provide easy access to larger cities while maintaining a tranquil environment.

Current Market Conditions in Morrison, TN

The real estate market in Morrison is currently experiencing low inventory, fueling a competitive environment for homebuyers. As demand continues to rise, properties are often selling at or above their asking prices, making it a favorable market for sellers.

Investors can find opportunities in Morrison due to the town's affordability compared to larger nearby cities, coupled with its growing appeal for families and retirees. The upward trend in property values presents a viable option for long-term investment.

Home Value Estimator For Morrison, TN

There are currently 2,611 real estate properties in Morrison, TN, with a median automated valuation model (AVM) price of $229,756.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Morrison, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Morrison, TN, is $305,604.00, with the most expensive house in Morrison, TN, topping out at $5,626,696.00 and the cheapest home in Morrison, TN, clocking in at $8,403.00. In other words, there’s something for every potential homebuyer or savvy investor in Morrison, TN!

Rent Prices In Morrison, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Morrison, TN, is on a rollercoaster ride. The average rent price in Morrison, TN, is $1,106.00. Indeed, when looking to rent in Morrison, TN, you can expect to pay as little as $500.00 or as much as $2,140.00, with the average rent median estimated to be $1,060.00. The good news is that finding an affordable and desirable property to rent in Morrison, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Morrison, TN Foreclosures


Market Trend for Morrison, TN

Total Listings Available: 5

Market Values:

Home Prices from $8,403 to $5,626,696

Average Sales Price: $305,604

Rental Values:

Rental from $500 to $2,140

Average Rent Value: $1,106 / month

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