The median home in Morristown, Tennessee is valued at $262,761, up 1.9% year over year. Typical monthly rent is $1,483, producing a price-to-rent ratio of 14.8x — below the national average of 18x. Morristown is part of the Morristown, TN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.
See the full metro analysis: Morristown, TN stress score, crash risk, and 12-month forecast →
Home Value$262,761
+1.9%
Rent$1,483/mo
AFFORDABILITYRenting $168/mo cheaper ($1,483 rent)6.50% 30yr, 20% down, county tax + TN ins. 28% per HUD.
Enter your income for Morristown.
$52,552 on $262,761
Affordable — 26.4% of income
Under the 28% guideline.
PITI$1,651
P/I26.4%
Afford$279K
Room+$16K
P&I $1,329Tax $155Ins $167
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Other cities in Tennessee
Compare Morristown with other housing markets across Tennessee.
Full Morristown, TN analysis
Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Morristown, TN metro.
View Morristown, TN metro →