Find, analyze, and compare Morristown, TN investment properties, including off-market opportunities and residential homes with value-add potential. Morristown offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout Tennessee. Explore housing market trends in Morristown, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Morristown, TN for your real estate goals.
In Morristown, the median property value currently stands at $218,438, reflecting a 8.38% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $392,728 (a 0.03% gain). The housing market includes a total of 22,688 houses.The median home in Morristown has 1,568 square feet of living space, priced at a median of $145 per square foot with a median year built of 1975. For long-term rental properties in Morristown, the median annual gross rental income is $27,600 (or
$2,300/month) with estimated operating expenses of
$5,686, resulting in an approximate gross cap rate of 8.09%.
Property Intel by Whitepages helps investors and homeowners explore the Morristown area
by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps.
These tools support research into investment properties, including foreclosure data
and off-market listings in Morristown, TN.
$373K - $392K
Est. Value
3 beds • 2.5 baths • 2,094 sq ft
Last Sold: $274K in 2018 • Built: 2014
$160K - $167K
Est. Value
2 beds • 2 baths • 1,024 sq ft
Last Sold: $55K in 2006 • Built: 1954
$370K - $392K
Est. Value
3 beds • 2.5 baths • 1,792 sq ft
Last Sold: $183K in 2013 • Built: 2013
$198K - $207K
Est. Value
3 beds • 2 baths • 2,432 sq ft
Last Sold: $15K in 2002 • Built: 2004
$243K - $255K
Est. Value
N/A bed • 2 baths • 1,364 sq ft
Last Sold: $125K in 2009 • Built: 1997
$246K - $259K
Est. Value
N/A bed • 1 bath • 1,608 sq ft
Last Sold: $151K in 2019 • Built: 1967
$280K - $290K
Est. Value
N/A bed • 2.5 baths • 2,140 sq ft
Last Sold: $175K in 2005 • Built: 1955
$304K - $316K
Est. Value
N/A bed • 2 baths • 1,802 sq ft
Last Sold: $147K in 2017 • Built: 1986
$169K - $178K
Est. Value
N/A bed • 1 bath • 1,323 sq ft
Last Sold: $170K in 2021 • Built: 1959
$219K - $229K
Est. Value
N/A bed • 2 baths • 1,876 sq ft
Last Sold: $160K in 2013 • Built: 1963
$77.8K - $80.5K
Est. Value
N/A bed • 1 bath • 804 sq ft
Last Sold: $59K in 2013 • Built: 1935
$442K - $468K
Est. Value
N/A bed • 2.5 baths • 1,667 sq ft
Last Sold: $202K in 2007 • Built: 2007
$124K - $131K
Est. Value
N/A bed • 1 bath • 1,152 sq ft
Last Sold: $160K in 2022 • Built: 1964
$276K - $292K
Est. Value
N/A bed • 2 baths • 1,736 sq ft
Last Sold: $45K in 2016 • Built: 2000
$184K - $200K
Est. Value
N/A bed • 1 bath • 1,084 sq ft
Last Sold: $78.5K in 2004 • Built: 1966
$176K - $184K
Est. Value
N/A bed • 1 bath • 1,092 sq ft
Last Sold: $120K in 2018 • Built: 1969
$86.5K - $90.6K
Est. Value
N/A bed • 1 bath • 930 sq ft
Last Sold: $74.9K in 2006 • Built: 1954
$103K - $109K
Est. Value
N/A bed • 1 bath • 960 sq ft
Last Sold: $90K in 2016 • Built: 1970
$332K - $359K
Est. Value
N/A bed • 3 baths • 2,002 sq ft
Last Sold: $168K in 2016 • Built: 1989
$340K - $357K
Est. Value
N/A bed • 3 baths • 2,694 sq ft
Last Sold: $196K in 2011 • Built: 1990
$375K - $401K
Est. Value
N/A bed • 2 baths • 3,105 sq ft
Last Sold: $371K in 2007 • Built: 2004
$216K - $223K
Est. Value
N/A bed • 1 bath • 1,215 sq ft
Last Sold: $104K in 2007 • Built: 1950
$222K - $235K
Est. Value
N/A bed • 2 baths • 1,670 sq ft
Last Sold: $189K in 2017 • Built: 2001
$219K - $231K
Est. Value
N/A bed • 1.5 baths • 1,566 sq ft
Last Sold: $175K in 2016 • Built: 1968
$197K - $211K
Est. Value
N/A bed • 2 baths • 1,300 sq ft
Last Sold: $270K in 2022 • Built: 1998
$245K - $268K
Est. Value
N/A bed • 2 baths • 1,620 sq ft
Last Sold: $146K in 2014 • Built: 1996
$184K - $193K
Est. Value
N/A bed • 1.5 baths • 1,569 sq ft
Last Sold: $168K in 2021 • Built: 1971
$160K - $168K
Est. Value
N/A bed • 2 baths • 1,848 sq ft
Last Sold: $113K in 2020 • Built: 1964
$355K - $372K
Est. Value
N/A bed • 3 baths • 2,778 sq ft
Last Sold: $425K in 2023 • Built: 1987
$188K - $203K
Est. Value
N/A bed • 2 baths • 1,100 sq ft
Last Sold: $88K in 2012 • Built: 1983