Are home prices going up or down in Morristown, TN?
In Morristown, TN, the typical home sold for $323,750 during May 2026 — about the same as a year ago. Prices are flat, not rising or falling.
Over the last 36 months the typical sale price in Morristown, TN went from $293,135 to $323,750 — up 10%.
The high point was $360,000, reached in July 2025. Today's typical sale is 10% below that.
Measured by size, homes in Morristown, TN are selling for about $190 per square foot. Price per square foot is the fairer comparison when the mix of what sells shifts from month to month — a run of big houses can push the typical price up without anything actually getting more expensive.
Source: Redfin's published market data for the Morristown, TN area, through May 2026.
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More about the Morristown, TN market
- When is the best month to sell a house in Morristown, TN?
- How long does it take to sell a house in Morristown, TN?
- Do homes sell above asking price in Morristown, TN?
- Is Morristown, TN a buyer's market or a seller's market?
- How many homes are for sale in Morristown, TN?
- All Morristown, TN housing numbers
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Figures come from Redfin's published market data for the Morristown, TN area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.