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Morristown, TN 37814 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Morristown, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.06
ActiveActive listings: 4949PendingPending sales: 33
Morristown, TN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $399k$399kSoldMedian sold price (last 6 months): $300k$300k
What homes actually sell for in Morristown, TN
Distribution of 280 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $225k to $419k
$105k to $190k: 37 sales$105k$190k to $276k: 64 sales$276k to $361k: 68 sales68sales$276k$361k to $446k: 41 sales$446k to $531k: 25 sales$446k$531k to $616k: 9 sales$616k to $702k: 6 sales$616k$702k to $787k: 2 salesMedian $300k

What the numbers say

As of October 26, 2026, Resideline is tracking 49 active listings and 3 pending sales in ZIP code 37814. That pending-to-active ratio of 0.06 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $399,000, while the median of the 280 closed sales Resideline tracked over the last six months was $300,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 37814 for 82 days.

Frequently asked questions

What is the median home price in 37814?

The median closed sale price in Morristown, TN 37814 was $300,000 over the last six months, based on 280 closed sales tracked by Resideline. The middle half of those sales ranged from $224,900 to $419,000.

Is 37814 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 49 active listings in 37814, a pending-to-active ratio of 0.06. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 37814 is currently a typical-pace market.

Nearby ZIP code market data

Full Morristown, TN housing market report →

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