Morris Chapel, TN housing market
The typical Morris Chapel home is worth about $192,000, up 3.5% in a year, 43% below the Tennessee typical home.
Home values, sales, trends and how Morris Chapel compares with the towns next door — updated as new data is published.
Morris Chapel at a glance
Typical home value, 2016–2026
Show as a table
| January | Morris Chapel | Tennessee |
|---|---|---|
| 2017 | $96,000 | $174,000 |
| 2018 | $101,000 | $187,000 |
| 2019 | $105,000 | $198,000 |
| 2020 | $111,000 | $215,000 |
| 2021 | $125,000 | $238,000 |
| 2022 | $150,000 | $287,000 |
| 2023 | $160,000 | $313,000 |
| 2024 | $173,000 | $326,000 |
| 2025 | $188,000 | $334,000 |
| 2026 | $186,000 | $333,000 |
| August 2026 | $192,000 | $334,000 |
A two-bedroom rents for about $940
HUD's Fair Market Rent for a two-bedroom in Morris Chapel is $940 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $720 · 4 bedrooms $1,330
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (38361; Hardin County, TN), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.