Housing · Morristown

Morristown, MN housing market

The typical Morristown home is worth about $326,000, up 3.3% in a year, 7% below the Minnesota typical home.

Home values, sales, trends and how Morristown compares with the towns next door — updated as new data is published.

The market right now

Morristown at a glance

Typical home value
$326K
▲ 3.3% in a year · Zillow
Ten-year trend

Typical home value, 2016–2026

MorristownMinnesota
$150K$200K$250K$300K$350K$400K 20182020202220242026 Morristown $326K Minnesota $351K
Show as a table
JanuaryMorristownMinnesota
2017$180,000$217,000
2018$194,000$232,000
2019$207,000$246,000
2020$219,000$259,000
2021$243,000$282,000
2022$265,000$313,000
2023$279,000$325,000
2024$294,000$331,000
2025$309,000$341,000
2026$321,000$349,000
August 2026$326,000$351,000
Nearby

Morristown and its neighbors

The towns that share a border. Tap one to see its housing page.
TownTypical value1-yr changeDays on marketMedian income
Morristown $326K +3.3% — $85,417
Warsaw $266K +3.8% — $91,111
Waterville $324K +1.7% — $110,625
The homes

Owners, rent & taxes

Homeownership
85.3%
Median tax bill
$2,574
Median rent
$1,519
Typical home built
1975

U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.

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. Listings link to their publishers.

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Morristown

Minnesota · MN · Rice County
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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/15 · 2025-01-01