Land and home values in Hamblen County, Tennessee
Hamblen County (metro core, Morristown, TN) covers 161 square miles and 12 census tracts. Residential land is about $3.85 per sq ft at the county median, from $1.96 in its most rural tracts to $4.51 in its most valuable. The typical home is worth about $233,000 and a 2-bedroom rents for about $1,060 a month, as of October 12, 2026.
Open on the satellite mapAll of TennesseeCounty values
| Land: residential | $3.85 | per sq ft |
| Land: residential | $167,750 | per acre |
| Land: quarter-acre lot | $41,937 | 10,890 sq ft |
| Land: farmland | $9,340 | per acre |
| Home: typical (median) | $233,000 | value |
| Home: entry-level | $129,000 | lower quartile |
| Home: upper-end | $333,000 | upper quartile |
| Build new | $157 | per sq ft, no land |
| Rent: 1-bedroom | $835 | per month |
| Rent: 2-bedroom | $1,060 | per month |
| Rent: 3-bedroom | $1,360 | per month |
| Rent: 4-bedroom | $1,720 | per month |
| Gross yield, 2-bed | 5.5% | a year |
Price tiers
| Tier | Tracts | Land $/sq ft | Typical home | Rent 2-bed |
|---|---|---|---|---|
| Top tier | 1 | $4.41 | $340,000 | $1,270 |
| Upper | 2 | $3.96 | $308,000 | $1,160 |
| Mid | 3 | $3.35 | $258,000 | $1,040 |
| Entry | 6 | $3.58 | $178,000 | $1,180 |
Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.
Cities and towns
Highest-value places
| Place | Type | Land $/sq ft | Typical home |
|---|---|---|---|
| Lowe Acres | Neighborhood | $4.78 | $277,000 |
| Cedar Hills | Subdivision | $4.71 | $278,000 |
| Point Seven | Neighborhood | $4.54 | $258,000 |
| Cedar Hills Park | Subdivision | $4.54 | $273,000 |
| Meadowood | Subdivision | $4.51 | $272,000 |
| Prima Estates-Fox Den | Subdivision | $4.50 | $272,000 |
| Morristown Airport Industrial District | Neighborhood | $4.50 | $271,000 |
| Smokerise | Neighborhood | $4.50 | $271,000 |
Questions people ask
How much is land worth in Hamblen County, TN?
Residential land in Hamblen County, TN is about $3.85 per square foot, or $167,750 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $41,937. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Hamblen County, TN?
The typical (median) home in Hamblen County, TN is worth about $233,000, with entry-level homes around $129,000 and upper-end homes around $333,000, as of October 2026.
How much is rent in Hamblen County, TN?
A 2-bedroom rents for about $1,060 a month in Hamblen County, TN, a 1-bedroom about $835 and a 3-bedroom about $1,360 (gross rent including utilities, HUD Fair Market Rent basis).
How much is farmland per acre in Hamblen County, TN?
Farmland averages about $9,340 an acre in Hamblen County, TN (USDA, including buildings), well below residential land.
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.