Housing in Morristown, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — October 2025Median Sale Price
$280,200
Median List Price
N/A
Price Per Sq Ft
$136
Days on Market
4
Active Inventory
3
Months of Supply
3.0
Seller's market
Zillow Home Value
$302,423
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Sale-to-List Ratio
98.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$136
Morristown vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Morristown is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$175,600
Median Rent
$1,152
Total Housing Units
444
Vacancy Rate
11.5%
Owner Occupied
77.9%
Renter Occupied
22.1%
Median Property Tax
$2,258
per year
Monthly Cost (w/ Mortgage)
$1,086
Housing Types
The current median sale price in Morristown, MN is $280,200 according to Redfin data. Homes spend a median of 4 days on the market. 0.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $136. The median rent is $1,152 per month (Census ACS). About 77.9% of housing units are owner-occupied. The median year homes were built is 1959. There are 444 total housing units.