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States / Tennessee / Morristown

Morristown, TN Housing

ACS 2020-2024

Median Home Value
$181,100 ± $16,263
Median Gross Rent
$882 ± $65/mo
Homeownership Rate
54.9%
Rent as Share of Income
22.1%
Price-to-Income Ratio
3.8×
Vacancy Rate
9.4%
Median Year Built
1976

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
197
Buildings
168
Single-Family Units
155
Multi-Family Units
42

Nearby Cities in Tennessee

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Morristown, TN Housing: Rent & Home Values | HomeDataUSA