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Beechnut Subdivision The Colonies

MORRISTOWN, TN 37813

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 37813

Beechnut Subdivision · The Colonies

Market Analysis

Data as of February 2026. Source: Realtor.com.

The MORRISTOWN, TN real estate market (37813) currently shows 68 active listings, with 29 pending sales. Homes are averaging 96 days on the market before going under contract.

Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 96 days on market compared to 73 days last year.

The median listing price has fallen 12% year-over-year, from $327,000 to $287,825.

Whether you are buying or selling in MORRISTOWN, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 17,188  ·  Density: 114.4/mi²  ·  Median household income: $41,590

Typical home value: $139,677  ·  Homeownership: 65.7%

Market Overview

Active Listings
68
⇧ 54.5% vs 44 last year
Pending
29
43% pending ratio
Median Price
$287,825
⇩ 12% vs $327,000 last year
Average Price
$346,999
⇩ 11.2% vs $390,727 last year
Days on Market
96
⇧ 31.5% vs 73 days last year

Price Per Square Foot

Median $/sqft
$195
⇧ 7.1% vs $182/sqft last year
Median Home Size
1,754 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 68 this year vs 44 last year
  • Days on market: 96 now vs 73 last year

Median & Average Pricing

Year over Year
  • Median: $287,825 (-12% YoY)
  • Average: $346,999 (-11.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.2 miles — 431 listings ($223,776,263 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
37813Morristown, TN 378130.0 mi73$25,273,622$301,250$346,214
37860Russellville, TN 378606.5 mi15$9,016,875$394,950$601,125
37877Talbott, TN 378778.0 mi52$35,337,640$375,400$679,570
37713Bybee, TN 377139.4 mi5$1,612,125$269,900$322,425
37708Bean Station, TN 3770810.9 mi29$13,756,092$429,900$474,348
37811Mooresburg, TN 3781112.7 mi14$13,381,634$749,000$955,831
37821Newport, TN 3782114.3 mi104$45,700,200$349,000$439,425
37711Bulls Gap, TN 3771114.5 mi11$4,027,760$329,900$366,160
37881Thorn Hill, TN 3788116.0 mi5$1,399,900$315,000$279,980
37843Parrottsville, TN 3784316.6 mi18$8,617,050$409,450$478,725
37888Washburn, TN 3788821.4 mi7$3,086,797$339,000$440,971
37869Sneedville, TN 3786923.5 mi38$27,115,508$285,000$713,566
37764Kodak, TN 3776424.2 mi60$35,451,060$467,450$590,851

Frequently Asked Questions

How many homes are for sale in MORRISTOWN, TN 37813?

As of February 2026, there are 68 active listings in MORRISTOWN, TN (zip code 37813), compared to 44 the prior year.

What is the median home price in MORRISTOWN, TN 37813?

The median listing price in MORRISTOWN, TN 37813 is $287,825 as of February 2026, a 12% decrease from $327,000 the prior year.

How long do homes stay on the market in MORRISTOWN, TN?

Homes in MORRISTOWN, TN 37813 spend an average of 96 days on the market before going under contract, compared to 73 days the prior year.

Is it a seller's or buyer's market in MORRISTOWN, TN 37813?

Based on current inventory and days-on-market data as of February 2026, MORRISTOWN, TN 37813 is currently a Buyer's Market. Inventory has increased compared to last year, with 24 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 96 days on market compared to 73 days last year.

How much can I save on real estate commission in MORRISTOWN, TN?

With SELL123.com's maximum 3% commission, sellers in MORRISTOWN, TN 37813 save an estimated $5,757 compared to a typical 5% commission on the median listing price of $287,825. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.