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Single-family Foreclosures in Morristown, TN 37813

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Morristown, TN Foreclosures

How much do homes sell for in Morristown, TN?
The average home price is currently $252,969.
In Morristown, TN, how many homes are available?
There are currently 16 active home listings available in Morristown.
What’s the average rental cost in Morristown, TN?
The average rental price in Morristown is $1,052.
What is the most expensive home in Morristown?
The most expensive home sold in Morristown had a price of $28,205,100.
What is currently the cheapest priced home in Morristown, TN?
The cheapest home for sale in Morristown is priced at $10,246.

Living in Morristown, TN

Morristown, TN, is an inviting city offering a harmonious blend of rich history and modern living. With access to stunning outdoor landscapes and a variety of community amenities, it presents an excellent environment for families and professionals alike. The real estate market in Morristown is diverse, catering to various budgets and lifestyles.

Current Market Conditions in Morristown, TN

Morristown's real estate market has been experiencing a steady increase in demand, particularly for single-family homes. A mixture of new developments and established neighborhoods offers prospective buyers a wealth of options. The area is attracting young families and retirees alike, driven by its affordable pricing and strong community appeal.

Home Value Estimator For Morristown, TN

There are currently 19,405 real estate properties in Morristown, TN, with a median automated valuation model (AVM) price of $216,775.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Morristown, 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 Morristown, TN, is $252,969.00, with the most expensive house in Morristown, TN, topping out at $28,205,100.00 and the cheapest home in Morristown, TN, clocking in at $10,246.00. In other words, there’s something for every potential homebuyer or savvy investor in Morristown, TN!

Rent Prices In Morristown, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Morristown, TN, is on a rollercoaster ride. The average rent price in Morristown, TN, is $1,052.00. Indeed, when looking to rent in Morristown, TN, you can expect to pay as little as $410.00 or as much as $2,560.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Morristown, 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.

Morristown, TN 37813 Single-family Homes

Market Trend for Morristown, TN

Total Listings Available: 16

Market Values:

Home Prices from $10,246 to $28,205,100

Average Sales Price: $252,969

Rental Values:

Rental from $410 to $2,560

Average Rent Value: $1,052 / month

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