Market Overview
Home Prices in Morris Chapel, TN
The median home value in Morris Chapel, TN is $198,488 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.8% compared to a year ago and up 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Morris Chapel are priced52% below average.
Over the past five years, Morris Chapel home values have risen by approximately41.9%, reflecting strong long-term appreciation in this market.
Price History
Morris Chapel Home Price Trend
2020
$117,604
$118K
—
2021
$139,859
$140K
+18.9%
2022
$167,362
$167K
+19.7%
2023
$170,401
$170K
+1.8%
2024
$190,588
$191K
+11.8%
2025
$191,256
$191K
+0.4%
2026
$198,488
$198K
+3.8%
City Comparison
Morris Chapel vs. National Median
🏠 Morris Chapel
$198,488
National Median
$410,000
At $198,488, homes in Morris Chapel cost 52% below the national median of $410,000. This makes Morris Chapel a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Morris Chapel?
20% Down Payment
$39,698
on $198,488
Monthly P&I
$1,035/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,314/mo
incl. taxes & insurance
Income Needed
$52,560
gross annual (30% rule)
10% Down Option
$19,849
+ PMI applies
Loan Amount (20% dn)
$158,790
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Morris Chapel, TN?
The median home value in Morris Chapel is $198,488 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.8% year-over-year.
How much have home prices changed in Morris Chapel?
Over the past year, home values in Morris Chapel have increased by 3.8%. Over five years, prices have risen approximately 41.9%.
How much do I need to earn to buy a home in Morris Chapel?
To comfortably afford the median home price of $198,488 with a 20% down payment ($39,698) at today's rates (6.8%), you'd need a gross annual income of approximately $52,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Morris Chapel compare to the national average home price?
The national median home value is approximately $410,000. At $198,488, homes in Morris Chapel are 52% below the national average.