Morristown, Hamblen County, TN Housing Trends, Rent, Price-to-Rent

Market Summary

Morristown, Hamblen County, TN

Median Home Price Price

$253,965 $254K

Median Monthly Rent Rent

$1,055 $1.1K

GRM

20.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Morristown, TN is $1,055, with MoM change +$10 and YoY change +$78 pointing to positive momentum while volatility is low (std $19).

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Metric

Base market Morristown, TN

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Delta vs base

Median rent

$1,055

N/A

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Median price

$253,965

N/A

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YoY change

+$78

N/A

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Price-to-rent

20.1x

Data unavailable

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