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Morristown city, TN

ZIP 37813 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 37813

Median Home Value
$158,400
Median Rent
$604
Affordability Snapshot
$44,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,018/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.3x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

21.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 37813 in Morristown city, TN, a household would need roughly $44,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,018. That is roughly in line with the local median household income ($47,783). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
67.5%+3% vs US avg
x
Vacancy Rate
9.2%-10% vs US avg
x
Broadband Access
83.4%-4% vs US avg
x
4+ Bedrooms
2.4%-84% vs US avg
x
Built Pre-1939
7.3%-43% vs US avg
x
Built Post-2014
1.1%-84% vs US avg
x
Rent Burden >30%
11.5%-77% vs US avg
x
Mortgage-Free
52.1%+36% vs US avg
x
$158,400
Home Value
$604
Rent
1976
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached71.6%
  • 1-unit attached0.5%
  • 2-9 units14.0%
  • 10+ units3.6%
  • Mobile home & other10.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$158,400
Median rent$604
Owner-occupied67.5%
Vacant9.2%
Price-to-income3.3x
Est. income to buy$44,000