Homes for Sale Under 250K in Morristown, TN

71 Homes for Sale

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Morristown, TN Housing Market Overview

Morristown is a balanced market, giving buyers and sellers room to negotiate. With 6.1 months of supply and homes averaging 50 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

50

Inventory

147

Sep 2021Mar 2024Mar 2026

Median Home Price

$249,950Down 0.24%

In Mar 2026 · YoY

Sep 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
147 Up 0.52%
Newly Listed Homes
42 Up 0.05%
Months of Supply
6.1 Up 2.20%

Housing Demand

Homes Sold
24 Down 0.00%
Sale-to-List Ratio
98.7% Up 0.64%
Homes Sold Above List
20.8% Down 15.17%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Morristown Market Report
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  • mls-img
    Based on information from the Knoxville Area Association of REALTORS MLS through Oct 11, 2026, 5:15 AM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Knoxville Area Association of REALTORS® MLS. All Rights Reserved.

    Angela Fowler Real Estate, LLC | 423.320.4620 | afowler@catt.com
    Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
  • mls-img
    Based on information from Realtracs® through Oct 11, 2026, 5:16 AM. Data courtesy of Realtracs® MLS as distributed by MLS GRID. Some IDX listings have been excluded from this website. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by Realtracs® MLS. © 2026 RealTracs Solutions. All Rights Reserved.

    Angela Fowler Real Estate, LLC | 423.320.4620 | afowler@catt.com
    Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
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Morristown, TN Housing Marketlink qauare
Homes Available icon

71

Homes Available

Median List Price icon

$ 249,950

Median List Price

Avg on Market icon

50 Days

Avg on Market

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