Cities with the fastest-growing home prices in the Morristown metro area

Written by:
November 22, 2024
Konstantin L // Shutterstock

Cities with the fastest-growing home prices in the Morristown metro area

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $360,385 in October, 2.4% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the most expensive homes in the Morristown, TN metro area using data from Zillow. Charts show the monthly typical home value since January 2018.

You may also like: Cities with the most expensive homes in the Morristown metro area
1 / 16
Stacker

#16. New Tazewell, TN

- 1-year price change: +$4,345 (+1.9%)
- 5-year price change: +$70,193 (+44.7%)
- Typical home value: $227,312 (#15 most expensive city in metro)

2 / 16
Stacker

#15. Tazewell, TN

- 1-year price change: +$5,499 (+2.8%)
- 5-year price change: +$62,375 (+44.5%)
- Typical home value: $202,522 (#16 most expensive city in metro)

3 / 16
Stacker

#14. Morristown, TN

- 1-year price change: +$9,673 (+4.0%)
- 5-year price change: +$86,378 (+53.1%)
- Typical home value: $248,985 (#9 most expensive city in metro)

4 / 16
Stacker

#13. Whitesburg, TN

- 1-year price change: +$13,721 (+6.0%)
- 5-year price change: +$73,118 (+43.7%)
- Typical home value: $240,530 (#11 most expensive city in metro)

5 / 16
Stacker

#12. Talbott, TN

- 1-year price change: +$14,701 (+5.4%)
- 5-year price change: +$101,954 (+55.2%)
- Typical home value: $286,626 (#6 most expensive city in metro)

You may also like: People from these metros are looking to buy homes in Morristown
6 / 16
Stacker

#11. Strawberry Plains, TN

- 1-year price change: +$14,810 (+5.6%)
- 5-year price change: +$123,109 (+77.7%)
- Typical home value: $281,519 (#7 most expensive city in metro)

7 / 16
Stacker

#10. Washburn, TN

- 1-year price change: +$15,007 (+6.4%)
- 5-year price change: +$123,109 (data not available)
- Typical home value: $248,382 (#10 most expensive city in metro)

8 / 16
Stacker

#9. White Pine, TN

- 1-year price change: +$16,660 (+7.6%)
- 5-year price change: +$100,997 (+74.6%)
- Typical home value: $236,440 (#13 most expensive city in metro)

9 / 16
Stacker

#8. New Market, TN

- 1-year price change: +$16,825 (+6.0%)
- 5-year price change: +$118,996 (+66.7%)
- Typical home value: $297,512 (#4 most expensive city in metro)

10 / 16
Stacker

#7. Russellville, TN

- 1-year price change: +$17,247 (+6.6%)
- 5-year price change: +$101,600 (+57.4%)
- Typical home value: $278,525 (#8 most expensive city in metro)

You may also like: Where people in Morristown are looking to buy homes
11 / 16
Stacker

#6. Jefferson City, TN

- 1-year price change: +$17,355 (+6.4%)
- 5-year price change: +$114,807 (+65.8%)
- Typical home value: $289,261 (#5 most expensive city in metro)

12 / 16
Stacker

#5. Bean Station, TN

- 1-year price change: +$19,026 (+9.1%)
- 5-year price change: +$94,530 (+70.9%)
- Typical home value: $227,826 (#14 most expensive city in metro)

13 / 16
Stacker

#4. Dandridge, TN

- 1-year price change: +$19,326 (+5.4%)
- 5-year price change: +$152,703 (+68.9%)
- Typical home value: $374,188 (#2 most expensive city in metro)

14 / 16
Stacker

#3. Baneberry, TN

- 1-year price change: +$21,356 (+5.0%)
- 5-year price change: +$184,932 (+70.7%)
- Typical home value: $446,494 (#1 most expensive city in metro)

15 / 16
Stacker

#2. Rutledge, TN

- 1-year price change: +$22,388 (+10.3%)
- 5-year price change: +$85,798 (+55.8%)
- Typical home value: $239,422 (#12 most expensive city in metro)

You may also like: Coat drives near Morristown
16 / 16
Stacker

#1. Blaine, TN

- 1-year price change: +$26,237 (+8.9%)
- 5-year price change: +$129,839 (+67.7%)
- Typical home value: $321,691 (#3 most expensive city in metro)

Trending Now