37861 — Rutledge, TN Home Values
Typical home value $295,066 as of June 2026 · 8th of 15 in Morristown, TN
Blue: typical home value (Zillow ZHVI) in ZIP code 37861, June 2021 to June 2026. This page shows observed data only; no forecast.
How 37861 compares in the Morristown, TN area
ZIP code 37861 (Rutledge, TN) has a typical home value of $295,066 as of June 2026, ranking 8th of 15 ZIP codes tracked in the Morristown, TN area, more expensive than about 53% of ZIP codes in the metro. Prices here have moved +5.6% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +25.8%, from $234,470 in June 2021 to $295,066 in June 2026.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Morristown, TN forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Morristown.
Population and demographics
ZIP code 37861 has a population of 8,578, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 95.6% White, 2.4% Hispanic or Latino, 1.5% two or more races, 0.3% Black or African American, 0.1% American Indian or Alaska Native, and 0.1% Asian.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Grainger Academy | 232 Pioneer DR, Rutledge, TN | 2.5 mi |
| Rutledge Middle School | 140 Pioneer DR, Rutledge, TN | 2.6 mi |
| Rutledge Elementary School | 7480 Rutledge PIKE, Rutledge, TN | 2.6 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 37861?
$295,066 as of June 2026, the latest month Zillow has published observed data for.
Is 37861 an expensive ZIP code in the Morristown, TN area?
37861 ranks 8th of 15 ZIP codes in the Morristown, TN area by typical home value, more expensive than about 53% of ZIP codes in the metro.
How much have home values in 37861 changed over the past year?
+5.6% over the trailing 12 months, from observed Zillow data.
What is the population of ZIP code 37861?
8,578, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 37861?
Grainger Academy (2.5 mi), Rutledge Middle School (2.6 mi), Rutledge Elementary School (2.6 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 37861?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Morristown, TN forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.