37814 Home Values & Market Trends

There are 73 homes currently listed for 37814. 37814 real estate market trends show that home prices range from $39,900 to $2,250,000, and the median sales price in the 37814 zip code is $266,640.31. The total number of properties sold within the past twelve months is 539. In 37814, 9 properties are in foreclosure, 1 are bank owned properties,and 8 are headed for auction.

37814 Real Estate Market Overview

CityMedian Est. Value
Morristown

$ 289,900

$ 167/sqft

Housing Market Summary for 37814

Apr 2023March 2024Change
Median Listing Price$275K$243.2K-11.56%
Median Sold Price$239.1K$243.2K1.73%
Homes For Sale7462-16.22%
Homes Sold299209-30.10%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 37814

The median list price of a home in Morristown, is $266,640.31. A total of 73 properties are for sale, and the percentage of properties for sale in the zip code is 73.00%. The total count of 37814 properties is 12,112.

Foreclosure
There is 1 cities within 37814; within this cities, the median estimated home value for homes in foreclosure ranges from $365,254 in morristown to the lowest value of $136,906 in morristown. Foreclosure homes account for 0.00% of properties in 37814 with morristown containing 9 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 37814 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 37814; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 37814 ranges from the highest value of $365,254 in morristown to the lowest value of $365,254 in morristown. Bank owned homes and properties account for 0.01% of properties in 37814. There is 1 cities within 37814; morristown containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    morristown has 8 auction properties, the highest number of properties going to auction in a single city in the state of 37814. Auction homes and other auction properties account for 0.07% of all properties in 37814. There is 1 cities within 37814; of that cities, the median estimated home value for homes going to auction ranges from $264,759 in morristown to the lowest value of $136,906 in morristown.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.60% of residential properties in 37814 with morristown containing 111 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 37814; homes for sale in that cities, have a range of median values from $1,593,696 in morristown to the lowest value of $65,425 in morristown.
    Sold Homes
    The median value for recently sold homes ranges from $1,051,390 in morristown to the lowest price of $21,424 in morristown. There is 1 cities within 37814. morristown has 364 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 1.92% of properties in 37814.

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      Guide for 37814

      Market Reports
      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Tennessee
      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Home Buying Guides & Tips
      Tennessee Foreclosure Laws
      A new house being built
      Investment Financing
      What Type of Loan Is Best for First-Time Home Buyers?
      See More Articles
      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Market Reports|posted 8 March 2024

      The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.

      Surge in Nashville Real Estate: 2023 Sees Stable Growth and Rising Property Values
      Tennessee|posted 23 January 2024

      Nashville’s real estate market grew significantly during 2023 with consistent rising property values and sold prices

      Tennessee Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Tennessee Foreclosure Laws

      A new house being built
      What Type of Loan Is Best for First-Time Home Buyers?
      Investment Financing|posted 9 April 2024

      Buying a new home is an important milestone for many. But how do you make sure you pick the right mortgage?

      Recently Listed Homes 37814

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