ZIP 37814 Housing Market & Real Estate Update (Morristown, TN) — February 25, 2026
37814 – February 25, 2026 – Morristown-area ZIP 37814: Zillow values ~$277K (+2.6% YoY), 144 for-sale; Redfin sold median ~$325K; rentals limited.
ZIP 37814 (Morristown, Hamblen County, Tennessee) is heading toward spring with more choices for buyers than many parts of the state, but prices are still holding up. Recent portal snapshots show a solid mix of resale homes, a noticeable slice of new construction, and a wide spread from entry-level fixer uppers to lakefront luxury.
Top takeaways
- Home values and closed-sale pricing both point higher year over year, even as homes take a bit longer to move.
- Inventory looks meaningfully active: Zillow shows 144 homes for sale (Jan 31 data) and 262 active listings in the ZIP search.
- Sale-to-list ratios near the high-90s suggest negotiation room is back, especially on stale listings.
- New construction is showing up across the listing mix, which can help buyers who want turn-key options.
Market snapshot
Zillow’s ZIP-level Home Value Index puts typical values around $277,343, up 2.6% year over year, with homes going pending in about 29 days (data through Jan 31, 2026). Zillow also reports 144 homes in for-sale inventory and 33 new listings for that same period.
On the closed-sales side, Redfin shows a $325K median sale price in January 2026, up 8.4% from last year, with 51 median days on market and 79 homes sold (down from 85 a year ago).
Inventory, pricing spread, and new builds
Buyers shopping today will see everything from smaller in-town homes in the high-$200Ks to higher-end properties priced well above that. Zillow’s active-search results for 37814 show a large batch of listings, including multiple new construction homes alongside established neighborhoods.
Rentals and leverage
Realtor.com’s ZIP overview flags 37814 as a more buyer-leaning market in December 2025 and shows a 97% sale-to-list ratio. It also shows a relatively small rental pool (about 17 rentals), which can keep pressure on rents even when the for-sale side has more options.
What’s for sale nearby (no addresses)
- Buildable lot: at least one small residential lot is marketed around $25K on local MLS search pages.
- Move-in-ready new construction: several 3-bed new builds are listed in the low-to-mid $300Ks range in the ZIP.
- Lake lifestyle: waterfront and near-water listings appear in the upper hundreds to around the $1M+ tier, reflecting the premium for views and access.
ServiceXTC directory picks (ask us for closer 37814 matches)
- UltraSound Home Inspections (Home inspector)
- Rivera Family Roofing & Remodeling (Roofing contractor)
- Heritage Heating & Cooling LLC (HVAC contractor)
- Copeland Home Services (HVAC contractor)
- Expedite Construction (Contractor)
What are you seeing right now in 37814: more price cuts, more multiple-offer homes, or just more inventory sitting until spring?
Sources
https://www.zillow.com/home-values/74490/morristown-tn-37814/
https://www.redfin.com/zipcode/37814/housing-market
https://www.realtor.com/realestateandhomes-search/37814/overview
https://www.zillow.com/morristown-tn-37814/
https://www.nashvillesmls.com/listing/3117221-1415-bonneville-dr-morristown-tn-37814/
https://servicextc.com/ultrasound-home-inspections-3/
https://servicextc.com/rivera-family-roofing-remodeling-4/