Morristown, TN · Houses & Market Data

Morristown, Tennessee houses and real estate market data.

Houses in Morristown, TN (Hamblen County) — Census median home value $155,700, county listing prices down about 1.7% over the past year. Market data for Morristown houses and the broader area.

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Morristown, TN is in Hamblen County, Tennessee — this guide covers houses in Morristown and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 30,983, with a median household income of $44,811. Census data puts Morristown houses at a median value of $155,700 (all owner-occupied homes); Hamblen County's current median listing price runs $387,449, down about 1.7% over the past year.

Info from government sites and builders may have provided source info.

Market overview

Morristown housing market

Morristown is in Hamblen County, Tennessee. Manifest Census and county price-trend data provide baseline context for houses in Morristown and the surrounding county market.

Median home value (Census ACS)

$155,700

Population (Census ACS)

30,983

Median household income

$44,811

County price trend (2025)

1.67% YoY

Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.

At a glance

Morristown market snapshot

Population

30,983

County

Hamblen County

Median Household Income

$44,811

Median Home Value (city)

$155,700

Median Listing Price (Hamblen County)

$387,449

Median Gross Rent

$855/mo

Price Trend (YoY)

-1.7%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About

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Why Morristown

What makes Morristown different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Morristown's median home value — across all owner-occupied homes, not just recent sales — at $155,700. Separately, Hamblen County's current median listing price (via Realtor.com data, 2026-06-01) runs $387,449. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Hamblen County's FHFA house price index shows a 1.67% annual change in 2025.

Population & Income

Morristown has an estimated population of 30,983 and a median household income of $44,811, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Morristown's Census-reported median home value works out to about 3.5x the area's median household income, and median gross rent runs roughly 23% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

Nearby

Places around Morristown

County guide: Hamblen County — cities, market context, and local resources for the county that includes Morristown.

USAHouses.com also helps visitors looking in nearby Hamblen County and other Tennessee communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.

Nearby communities include Russellville, White Pine.

More Tennessee cities with market guides: Clarksville, Murfreesboro, Franklin, Johnson City, Jackson, Hendersonville, Bartlett, Kingsport.

Adjacent-county Census places with USAHouses.com pages: Bean Station (~9.3 mi), Baneberry (~11.0 mi), Jefferson City (~11.7 mi), Rutledge (~13.8 mi), Dandridge (~14.0 mi), New Market (~16.2 mi), Newport (~17.7 mi), Parrottsville (~17.9 mi), Strawberry Plains (~21.6 mi), Blaine (~22.4 mi), Sneedville (~23.4 mi), Cosby (~28.4 mi).

New construction: New homes near Morristown (Chattanooga) · New homes near Morristown (Knoxville) · Tennessee new construction.

Census & home facts

Morristown data from published sources

Population (ACS 2023)

30,983

Median home value (ACS 2023)

$155,700

Median household income (ACS 2023)

$44,811

Median gross rent (ACS 2023)

$855

County FHFA annual change (2025)

1.67%

County median listing price (FRED/Realtor.com) (2026-06-01)

$387,449

Census place type

city

County

Hamblen County

Land area (Census Gazetteer 2024)

27.90 sq mi

Census GEOID

4750280

Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.

Local life

Life in Morristown

Schools

Hamblen County — 18 schools, 10,289 students enrolled, per the U.S. Department of Education's Common Core of Data. Hamblen addresses may be served by Hamblen County, but attendance zones vary by street — confirm assigned schools with the district before making a move.

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Common questions

Morristown FAQ

What are houses worth in Morristown, TN?

The Census Bureau's American Community Survey puts the median value of houses in Morristown at $155,700. Hamblen County's current median listing price runs $387,449, down about 1.7% over the past year.

How much do houses cost in Morristown, TN?

For owner-occupied houses in Morristown, Census ACS data shows a median value of $155,700. Active listing prices in Hamblen County may differ — see the market snapshot above.

What types of houses are in Morristown, TN?

Morristown houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Hamblen County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.

What is the population of Morristown, TN?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Morristown's population at approximately 30,983.

What's the median rent in Morristown, TN?

The Census ACS estimates median gross rent in Morristown at approximately $855 per month.

What is the median household income in Morristown, TN?

Census ACS data puts the median household income in Morristown at approximately $44,811.

Is the Morristown housing market growing?

Hamblen County's FHFA house price index shows a 1.67% annual change in 2025.

Is Morristown, TN affordable relative to income?

Census ACS data puts Morristown's median home value at about 3.5 times the median household income, with median gross rent equal to roughly 23% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

What school district serves Morristown, TN?

Manifest and public school-directory data suggest Hamblen County for many Morristown addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.

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