Photo: AppalachianCentrist · CC BY-SA 4.0425 homes sold in Morristown in the last year, at a typical $299K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Morristown homes are listed.
Every place Morristown homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Morristown.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
3% of Morristown’s sales are condos, at $43K less than a house
370 houses and 12 condos sold in the year to May 2026. Condos sell faster. Houses draw more bidding wars.
typical sale · 370 sold in the year to May 2026
- Per square foot
- $184TN $209
- Days to sell
- 65
- Sold over asking
- 17%
- Listings with a price cut
- 29%
typical sale · 12 sold in the year to May 2026
- Per square foot
- $180TN $262
- Days to sell
- 52
- Sold over asking
- 0%
- Listings with a price cut
- 38%
Multi-family (2–4 units): 11 sold, typical $321K
Townhouses: 12 sold, typical $341K
Too few sales in 12 months for reliable figures.
More homes sell than most years, at 3.2 times the 2016 price
425 sales in the last year, against 475 in 2022 and a low of 23 in 2012. The typical sale went from $94K in 2016 to $299K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $300K buys in Morristown
Check a listing against what Morristown homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Morristown are back to pre-pandemic levels, and more homes are for sale
We read every month of Morristown’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 425 sales.
If you’re buying in Morristown
- Shop in March. It brings about 31 new listings a month, close to the busiest month, with fewer bidding wars (20% over asking).
- Offer under asking. Buyers paid 97.7% of the list price on average; 14% paid over.
- You’ll usually have time. Only 29% of homes go under contract within two weeks; the typical one takes 69 days.
Summer brings both the most homes and the most bidding wars
August has the most new listings (about 39 a month), and the most competition: 25% close over asking. March and April offer nearly as much choice with fewer homes bid up (20%). November has the least competition (17%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Tennessee as a whole
| Morristown now | 2017–19 | 2021 peak | TN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 14% | 16% | 29% | 13% |
| Gone within two weeksShare of homes under contract within 14 days | 29% | 3% | 5% | 26% |
| Price paid vs. askingAverage sale price ÷ list price | 97.7% | 96.1% | 98.4% | 97.3% |
| Days to sellMedian days from listing to contract | 69 | 86 | 65 | 72 |
136 homes for sale on a typical day
That’s 6.3 times the 2012 low (22) and 17% more than in 2017–19.
Since 2019, houses are up 138%, condos 52%
A house typically sold for $306K in the year to May 2026 (370 sales), a condo for $263K (12).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Morristown ranks 63rd of 126 busy Tennessee markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Morristown is in the middle of the pack.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Morristown home costs about $1,681 a month
Price: Morristown’s typical sale, last 12 months. Property tax at Morristown’s 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Morristown is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in August
The month with the most choice. December has the fewest, about 21.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $299K home, about $1,450 a year.
Taxes vs. neighborsSchools
The schools grade for Morristown, from test results, graduation and how much students grow.
Schools in MorristownTypical commute
The average one-way trip to work for people who live in Morristown.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Bean Station, Newport and Mosheim sell for less a square foot
The busier markets within 25 miles of Morristown, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Morristown | 425 | $299K | $180 | 14% | 69 |
| Jefferson City | 138 | $288K | $178 | 20% | 64 |
| Dandridge | 94 | $334K | $187 | 20% | 41 |
| Newport | 48 | $232K | $166 | 19% | 64 |
| Bean Station | 32 | $269K | $167 | 15% | 82 |
| Mosheim | 32 | $265K | $173 | 17% | 71 |
| White Pine | 26 | $272K | $195 | 9% | 82 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Morristown, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Morristown. People who follow the town see it, and so do people comparing Morristown with their own town. No commission, no listing fee.
Questions about buying a home in Morristown
What do homes sell for in Morristown, TN?
425 homes sold in the year to September 2026 at a typical $299K, $180 a square foot. Houses sold for about $306K, condos for about $263K in the year to May 2026.
Is Morristown a buyer’s or seller’s market?
A seller’s market: 109 homes were for sale in September 2026 and 33 sold, about 3.2 months of supply. Buyers paid 97.7% of asking on average.
When is the best time to buy in Morristown?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Morristown?
About 0.5% of a home’s value a year. On a $299K home that’s near $1,450.
Where can I see homes for sale in Morristown?
Zillow, Redfin, Realtor.com and Homes.com all carry Morristown’s MLS listings; the search links above open each one filtered to Morristown.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).