Morristown, TN Metro Area: Median Home Value Trend
How Morristown, TN Metro Area's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$133,200
2023
$198,000
Total change
+$64,800
% change
+48.6%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $133,200 | — |
| 2019 | $137,900 | +$4,700 (3.5%) |
| 2020 | $142,800 | +$4,900 (3.6%) |
| 2021 | $149,000 | +$6,200 (4.3%) |
| 2022 | $170,100 | +$21,100 (14.2%) |
| 2023 | $198,000 | +$27,900 (16.4%) |