The Unshakable Investor

Unshakable ZIP Data 37814 | Morristown, TN Housing Market

Morristown · Hamblen County · Morristown, TN metro · Tennessee · Data updated June 19, 2026

The median sale price in ZIP 37814, Morristown, Tennessee is $304,909 at $189 per square foot. 116 single-family homes sold in the latest period, up 36.9 percent from a year earlier. Homes sit a median of 77 days on market with 3.8 months of supply. Sellers are getting 97.8 percent of list price and 14.2 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$289,378
Average price per sq ft$179
Median sale price$304,909
Median sale price per sq ft$189
Median home size1,617 sq ft
Median new listing price$361,906-6.6%
National size rank2,749

Sales activity

MetricValueYear over year
Homes sold116+36.9%
Median days on market77 days
Months of supply3.8 months
New listings147-1.9%
Active listings286+20.0%
Pending sales148+32.1%

Pricing power

MetricValueYear over year
Average sale-to-list ratio97.8%+0.3 pts
Share sold above list14.2%-3.5 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$206,562
3-bedroom
$310,231
4-bedroom
$391,174

These figures describe the single-family market for Morristown, Tennessee ZIP 37814. They are market context, not a substitute for sold comps or a formal appraisal.