11 hours on Rocket
$5,344 Closing Credit¹
#1293143, Listing Office: Tennessee River Realty, Inc.
Morgan County Housing Market Report February 2025•Morgan County, Tennessee
Housing Prices in Morgan County, TN
How much do homes in Morgan County, TN cost?
Housing Market Conditions
Is Morgan County, TN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Morgan County is a Seller's Market
Difference Since February 2024
Since last year, Morgan County has remained a Seller's Market.
Insight
Morgan County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$260,950$166/SqFt
+$40,950
+18.6%
Based on all homes sold in the last 12 months
Insight
Homes in Morgan County have sold for 18.6% more than they did a year ago.
Summary: The median home sold price in Morgan County was $260,950 in February 2025, up 18.6% from last year, and the median price per square foot was $166.
Median Sold Price By Counties
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Morgan County | $220K | $260.9K | +18.6% |
| Scott County | $205K | $235K | +14.6% |
| Fentress County | $250K | $280K | +12.0% |
| Roane County | $250K | $271.6K | +8.6% |
| Cumberland County | $316.1K | $329.7K | +4.3% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $179.5K | $200K | +11.4% |
| 22 Bedrooms | $150K | $195K | +30.0% |
| 33 Bedrooms | $225K | $259.9K | +15.5% |
| 44 Bedrooms | $357.5K | $300K | -16.1% |
| 55+ Bedrooms | $394K | $487.5K | +23.7% |
Summary: Morgan County housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +11.4%. The home price for 2 bedroom homes increased by +30.0%. The home price for 3 bedroom homes increased by +15.5%. The home price for 4 bedroom homes decreased by -16.1%. The home price for 5 bedroom homes increased by +23.7%.
How does Morgan County, TN compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Morgan County, TN
Housing supply in Morgan County, TN
How many homes are available in Morgan County, TN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 53Last MonthFeb 2025 | ||
| 432 months agoJan 2025 | +23.3 % Change MoMJan – Feb |
Summary: The Morgan County real estate market had 53 homes for sale in Feb 2025, a 23.3 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthFeb 2025 | ||
| 32 months agoJan 2025 | +266.7 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 3 | +200.0% |
| 22 Bedrooms | 9 | 11 | +22.2% |
| 33 Bedrooms | 22 | 27 | +22.7% |
| 44 Bedrooms | 10 | 11 | +10.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Morgan County housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +200.0%. The inventory for 2 bedroom homes increased by +22.2%. The inventory for 3 bedroom homes increased by +22.7%. The inventory for 4 bedroom homes increased by +10.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Morgan County, TN cost?
Over Asking Price1 Home
At Asking Price3 Homes
Under Asking Price7 Homes
Insight
If you're buying a home in Morgan County, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Morgan County in February 2025, up by 266.7% month-over-month. Of the 11 sold homes, 64% were sold under asking, 27% were sold at asking, and and 9% were sold over asking.
Days on Market for Morgan County, TN
How long does it take to sell a home in Morgan County, TN?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days2 Homes
Over 90 Days5 Homes
Insight
Most homes in Morgan County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 11 homes were sold in Morgan County; 27% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 72 DaysThis YearFeb 2025 | ||
| 43 Days1 year agoFeb 2024 | +64.1 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Morgan County had an average listing age of 72 days in Feb 2025, up by 64.1% compared to the previous year.
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Newest Listings in Morgan County, TN
What homes are available in Morgan County, TN?
1 day on Rocket
$2,731 Closing Credit¹
#1293089, Listing Office: Mountain Home Realty
1 day on Rocket
$6,508 Closing Credit¹
#1293058, Listing Office: North Cumberland Realty, LLC
1 day on Rocket
$3,776 Closing Credit¹
#1292985, Listing Office: Wallace
2 days on Rocket
#1292863, Listing Office: Whitetail Properties Real Estate, LLC
6 days on Rocket
#1292500, Listing Office: AFM Real Estate
6 days on Rocket
$4,155 Closing Credit¹
#1292494, Listing Office: Realty Executives Associates on the Square
7 days on Rocket
#234984, Listing Office: American Forest Management Real Estate
$3,266 Closing Credit¹
#1291848, Listing Office: Wallace
$5,047 Closing Credit¹
#1291704, Listing Office: 1 Source Realty Pros
$10,000 Closing Credit¹
#234832, Listing Office: The Real Estate Collective
#1291001, Listing Office: Keller Williams Smoky Mountain
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MLS Disclaimers and Copyright
Based on information from East Tennessee REALTORS® MLS, RealTracs Middle Tennessee Regional MLS, and Upper Cumberland MLS for the period 03/01/2023 - 03/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms. The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright © 2025 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 9:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
© 2025 of the REALTRACS MLS. All rights Reserved. The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 9:18:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
© 2025 Upper Cumberland Board of Realtors. All rights reserved. The data relating to real estate for sale on this website comes from Upper Cumberland Board of Realtors. Information is for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. Information deemed to be reliable but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 9:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 9:15:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.