Morrison, TN

Full City Profile · Tennessee · Warren County County

2.6 /5.0
C+ Fair
810 Population 271/sq mi density
$34,236 Median Income $20,107 per capita
$160,700 Home Value $328,590 Zillow
$627 Median Rent 24.2% income on rent
60°F Avg Temperature
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.9 / 5.0
$34,236 median income, 5.6% unemployment
A
Affordability
4.0 / 5.0
$160,700 home value, $627/mo rent
D
Education
1.8 / 5.0
10.1% bachelor's degree or higher

Housing Overview

Median Home Value
$160,700
43% below
US avg: $281,900
Median Rent
$627/mo
46% below
US avg: $1,163/mo
Homeownership Rate
42.5%
35% below US avg (65.4%)
Total Housing Units
336
Median year built: 1981

Home Value by Source

Census Median
$160,700
Zillow (ZHVI)
$328,590
Redfin Median Sale
$244,900
Median Sale Price
$244,900
Median List Price
$565,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

42.5%
Owner-Occupied
57.5%
Renter-Occupied
43%
58%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$882/mo
1 Bedroom
$924/mo
2 Bedroom
$1,118/mo
3 Bedroom
$1,445/mo
4 Bedroom
$1,644/mo
Census median rent: $627/mo

Market Indicators (Redfin)

Median Sale Price
$244,900
Median Days on Market
106 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$204
Active Inventory
5
homes for sale

Affordability & Housing Stock

Rent Burden
24.2%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
42.5%

Complete Housing Data

Home Values

Census Median Value$160,700
Zillow Home Value (ZHVI)$328,590
Redfin Median Sale$244,900
Median Sale Price$244,900
Median List Price$565,000
Price Per Sq Ft$204

Rent

Census Median Rent$627
FMR Studio$882
FMR 1-Bedroom$924
FMR 2-Bedroom$1,118
FMR 3-Bedroom$1,445
FMR 4-Bedroom$1,644

Market

Days on Market106
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold1
Active Inventory5
Price Per Sq Ft$204

Ownership & Stock

Owner-Occupied42.5%
Renter-Occupied57.5%
Homeownership Rate42.5%
Total Housing Units336
Median Year Built1981
Rent Burden24.2%