MARKET REPORT

Morristown, TN

Short-term forecastUnderperform

Morristown, TN housing market returns are forecasted to underperform the national market in the short term. The market ranks 217 among 402 US metro housing markets.

Currently, the market is outperforming the national market. With a short-term negative outlook, market performance is anticipated to slip. From one year ago, the market ranking has deteriorated by 140 points. One year ago, the market was outperforming the national market and was anticipated to sustain.

MARKET RANK
Sep 2018 Sep 2017
217 / 402 77 / 402
SITUATION
Sep 2018 Sep 2017
Outperforming Outperforming
OUTLOOK
Sep 2018 Sep 2017
Negative Neutral

MARKET DEMOGRAPHICS