Morristown, TN Metro Area - Investment Guide
Metro Area • 10 Cities • 13 ZIP Codes
Avg Home Value
$290,163
Avg Monthly Rent
$1,040
Avg Cap Rate
2.88%
Avg Investability
2.9 ★
Cities
10
ZIP Codes
13
This metro is one of hundreds you can screen side by side — filter by the numbers that matter and get alerts when they move. See plans →
Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
❄️
COOL MARKET
Morristown, TN Metro Area
More inventory, negotiating room for buyers
72 days
Average time to sell
Slow
9.9%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Morristown, TN
Every ZIP in the metro, ranked four ways. Free.
Cities in Morristown, TN
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 37709 | Blaine | TN | $335,788 | $963 | 2.24% | |
| 37820 | New Market | TN | $315,497 | $936 | 2.31% | |
| 37881 | Mooresburg | TN | $203,876 | $846 | 3.24% | |
| 37725 | Dandridge | TN | $388,268 | $1,053 | 2.12% | |
| 37888 | New Tazewell | TN | $218,406 | $918 | 3.28% | |
| 37760 | Jefferson City | TN | $310,144 | $1,008 | 2.54% | |
| 37860 | Russellville | TN | $301,390 | $873 | 2.26% | |
| 37861 | Rutledge | TN | $284,045 | $837 | 2.30% | |
| 37708 | Bean Station | TN | $255,030 | $837 | 2.56% | |
| 37813 | Morristown | TN | $232,492 | $1,695 | 5.69% | |
| 37814 | Morristown | TN | $286,771 | $1,462 | 3.98% | |
| 37877 | Talbott | TN | $305,359 | $1,134 | 2.90% | |
| 37709 | Blaine | TN | $320,700 | $963 | 2.34% | |
| 37725 | Dandridge | TN | $379,156 | $1,053 | 2.17% | |
| 37820 | New Market | TN | $324,857 | $936 | 2.25% | |
| 37881 | Mooresburg | TN | $217,422 | $846 | 3.04% | |
| 37888 | New Tazewell | TN | $235,345 | $918 | 3.04% | |
| 37760 | Jefferson City | TN | $299,635 | $1,008 | 2.62% | |
| 37860 | Russellville | TN | $302,269 | $873 | 2.25% | |
| 37813 | Morristown | TN | $226,914 | $999 | 3.43% | |
| 37814 | Morristown | TN | $277,748 | $1,236 | 3.47% | |
| 37861 | Rutledge | TN | $293,917 | $837 | 2.22% | |
| 37708 | Bean Station | TN | $271,757 | $837 | 2.40% | |
| 37820 | New Market | TN | $309,003 | $936 | 2.36% | |
| 37877 | Talbott | TN | $309,249 | $1,134 | 2.86% | |
| 37709 | Blaine | TN | $336,443 | $963 | 2.23% | |
| 37725 | Dandridge | TN | $390,699 | $1,053 | 2.10% | |
| 37881 | Mooresburg | TN | $225,870 | $846 | 2.92% | |
| 37888 | New Tazewell | TN | $249,719 | $918 | 2.87% | |
| 37760 | Jefferson City | TN | $311,757 | $1,008 | 2.52% | |
| 37860 | Russellville | TN | $293,933 | $873 | 2.32% | |
| 37861 | Rutledge | TN | $275,748 | $837 | 2.37% | |
| 37708 | Bean Station | TN | $251,332 | $837 | 2.60% | |
| 37813 | Morristown | TN | $238,969 | $999 | 3.26% | |
| 37814 | Morristown | TN | $291,827 | $1,462 | 3.91% | |
| 37877 | Talbott | TN | $300,115 | $1,134 | 2.95% | |
| 37709 | Blaine | TN | $312,146 | $963 | 2.41% | |
| 37725 | Dandridge | TN | $371,587 | $1,053 | 2.21% | |
| 37820 | New Market | TN | $324,276 | $936 | 2.25% | |
| 37881 | Mooresburg | TN | $211,719 | $846 | 3.12% | |
| 37888 | New Tazewell | TN | $229,948 | $918 | 3.11% | |
| 37760 | Jefferson City | TN | $299,846 | $1,008 | 2.62% | |
| 37860 | Russellville | TN | $306,195 | $873 | 2.22% | |
| 37813 | Morristown | TN | $218,327 | $999 | 3.57% | |
| 37861 | Rutledge | TN | $295,066 | $837 | 2.21% | |
| 37708 | Bean Station | TN | $269,618 | $837 | 2.42% | |
| 37814 | Morristown | TN | $274,203 | $1,367 | 3.89% | |
| 37820 | New Market | TN | $303,133 | $936 | 2.41% | |
| 37877 | Talbott | TN | $310,801 | $1,134 | 2.85% | |
| 37709 | Blaine | TN | $335,629 | $963 | 2.24% |
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →Free to search · investor plans from $19/mo
The wrong ZIP kills a good deal — screen every market.
Open the Market Finder →
About Morristown, TN Real Estate Market
The Morristown, TN metropolitan statistical area (MSA) encompasses 10 cities and 13 ZIP codes. The average home value across the metro is $290,163, with an average monthly rent of $1,040. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.