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Multi-family Foreclosures in Morrison, TN 37357

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Morrison, TN Foreclosures

How much do homes sell for in Morrison, TN?
The average home price is currently $310,078.
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 $6,375,428.
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 quaint small town that offers a peaceful lifestyle with a strong sense of community. Surrounded by beautiful landscapes, it provides a range of recreational activities and essential amenities for residents. With convenient access to larger cities, it perfectly balances tranquility with accessibility.

Current Market Conditions in Morrison, TN

The real estate market in Morrison, TN has been showing signs of growth, with an increase in demand for single-family homes. The area is gaining attention due to its affordability compared to neighboring towns and the appeal of rural living coupled with modern conveniences.

New developments are taking shape, catering to both young families and retirees venturing into the market. As the town continues to attract new residents, the market conditions are expected to continue appreciating, making it a potentially lucrative area for real estate investment.

Home Value Estimator For Morrison, TN

There are currently 2,612 real estate properties in Morrison, TN, with a median automated valuation model (AVM) price of $225,400.00. 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 $310,078.00, with the most expensive house in Morrison, TN, topping out at $6,375,428.00 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 37357 Multi-family Homes

Market Trend for Morrison, TN

Total Listings Available: 0

Market Values:

Home Prices from $8,403 to $6,375,428

Average Sales Price: $310,078

Rental Values:

Rental from $500 to $2,140

Average Rent Value: $1,106 / month

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