Housing & Real Estate — Morristown, Tennessee
Overview
| Total Housing Units | 13,867 |
|---|
| Occupied | 12,466 |
|---|
| Vacant | 1,401 |
|---|
| Owner-Occupied | 6,646 |
|---|
| Renter-Occupied | 5,820 |
|---|
| Median Home Value (Census) | $181,100 |
|---|
| Estimated 2026 | ~$202,000 |
|---|
| Median Rent | $855/mo |
|---|
| Median Property Tax | $880/yr |
|---|
Affordability
| Home Price to Income Ratio | N/Ax |
|---|
| Home Affordability | moderate |
|---|
| Rent as % of Income | 21.4% |
|---|
| Severely Rent-Burdened | 40.4% |
|---|
Housing Age
| Built 2010 or later | 1,369 |
|---|
| Built 2000-2009 | 1,193 |
|---|
| Built 1990-1999 | 2,019 |
|---|
| Built before 1960 | 3,183 |
|---|
| Median Year Built | 1976 |
|---|
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
