Median home value in zip code 37820 (New Market, TN) is $309,003, down 0.3% year over year. Part of the Morristown, TN metropolitan area.

Home Value$309,003

YoY Change

-0.3%

Prices falling — better for buyers.

Affordability

Enter your income for 37820 (New Market).

Income (annual)

Down Payment

$61,801 on $309,003

Example: $75,000 household income. Change it above to see your own.

Stretch30.6% of income

Above 28% but manageable with cuts.

PITI$1,912

P/I30.6%

Afford$283K

Gap-$26K

P&I $1,562Tax $183Ins $167

6.50% 30yr, 20% down, county tax + TN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

37820 is part of the Morristown, TN metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Morristown, TN analysis

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