Single-family Homes Foreclosure in Morrison, TN

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$262,770 EMV

| 2 Bath | 1,244 Sq. Ft.

$254,124 EMV

| 2 Bath | 1,344 Sq. Ft.

$376,554 EMV

| 1 Bath | 1,984 Sq. Ft.

$165,240 EMV

| 1,512 Sq. Ft.

$248,030 EMV

| 2,128 Sq. Ft.

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Home Value Estimator For Morrison, TN

There are currently 2,226 real estate properties in Morrison, TN, with a median automated valuation model (AVM) price of $165,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Morrison, TN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Morrison, TN, is $198,596.00, with the most expensive house in Morrison, TN, topping out at $2,922,700.00 and the cheapest home in Morrison, TN, clocking in at $28,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Morrison, TN!

Rent Prices In Morrison, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Morrison, TN, is on a rollercoaster ride. The average rent price in Morrison, TN, is $1,042.00. Indeed, when looking to rent in Morrison, TN, you can expect to pay as little as $500.00 or as much as $2,140.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Morrison, TN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Foreclosure Homes in Morrison, TN

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Morrison, TN area at Get information on foreclosure homes for rent, how to buy foreclosures in Morrison, TN and much more. Save thousands at closing with home foreclosure listings in Morrison, TN — up to 75% off market value!

Top Reasons To Live In Morrison, TN In 2023

Morrison is located in Warren, Tennessee, with an estimated municipal population of 722 residents. All of the best foreclosed homes for sale in Morrison are located in the following zip code areas on 37357. The estimated population per square kilometer (.62 miles) in Morrison is 103.

Cost Of Living In Morrison, TN

So, about how much do homes cost in Morrison? The most recent median value of resident-owned homes in Morrison is 106,772. An estimated 58.4 percent of households in Morrison own their homes, with an average family size of 3.05. The median household income in Morrison is 35,357, with11.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Morrison, the median commute time of resident workers (in minutes) is 28.8. And last, but certainly not least, are you looking for homes to rent in Morrison? If so, the average rent price paid by renters in Morrison is 388, according to recent statistics.

Diversity And Demographics In Morrison, Tennessee

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Morrison, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Morrison is 36.9, split between 42.3 percent male versus 57.7 female. The percentage of residents who report being married in Morrison is 48.9, with an average family size of 3.05.

The percentage of residents who report their race in Morrison is as follows:

White 87.8%
Black / African American 5.4%
Asian 1.1%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.7%
Other 2.9%

Looking for family-friendly neighborhoods in and/or near Morrison? Or maybe you are searching for 55+ active adult communities in and/or near Morrison?

The percentage of residents who report their age in Morrison is as follows:

Under 10 14.4%
Aged 10-19 16.1%
20s 11.1%
30s 13.2%
40s 10.9%
50s 12.2%
60s 12%
70s 6.6%
80+ 3.6%

Best Schools In Morrison, Tennessee

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Morrison with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Morrison.

Pros And Cons Of Living In Morrison, Tennessee

How do you know that living in -- or moving to -- Morrison is right where you need to be? Perhaps you grew up in Morrison or already live nearby; therefore, the decision to buy a home in Morrison is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Morrison for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Morrison:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Morrison.

Reasons To Move To Morrison, Tennessee, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Morrison can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Morrison, meanwhile, can field multiple offers from more qualified buyers.

Morrison, TN Single-family Homes Foreclosures


Listing types in Morrison, TN

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