House Prices

House Prices & Home Values Morristown, MN 2026


Average Data

average house price$322,974
average size per house2099 ft²
average price per ft²154 $ / ft²

06/26/2026 - The value range (VR) for house prices in Morristown, MN is $154/ sqft to $154/ sqft. An average home with 2099 sqft costs approximately $323,246 to $323,246. Morristown, MN includes 1 ZIP codes and it is located in Rice county. The lowest prices are found in ZIP 55052, while the highest are in ZIP 55052. The average price per sqare feet is $154. Our analysis is based on 5 property listings.

Avergage prices by ZIP codes Morristown

55052167 $ / ft²




Historical development of home values in Morristown

Year Estimated value (USD) Change vs. 2025
2010 $149,995 -53.6%
2011 $144,195 -55.4%
2012 $143,806 -55.5%
2013 $149,182 -53.8%
2014 $156,599 -51.5%
2015 $164,637 -49.0%
2016 $173,229 -46.4%
2017 $182,578 -43.5%
2018 $192,672 -40.3%
2019 $201,606 -37.6%
2020 $212,028 -34.4%
2021 $241,159 -25.3%
2022 $281,138 -13.0%
2023 $296,473 -8.2%
2024 $313,624 -2.9%
2025 $322,974 0.0%

Graph: estimated home values in Morristown over time (USD)



Example: 100% financing house in Morristown

Loan amount: $322,974

Interest rate: 6.00%

Fixed monthly payment: $1,936.39

Breakdown in the 1st month:
Interest portion: $1,614.87  –  Principal portion: $321.52

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $19,270.55 $3,966.16 $319,007.84
2 $19,025.93 $4,210.78 $314,797.06
3 $18,766.21 $4,470.49 $310,326.56
4 $18,490.48 $4,746.22 $305,580.34
5 $18,197.75 $5,038.96 $300,541.38
6 $17,886.95 $5,349.75 $295,191.62
7 $17,556.99 $5,679.71 $289,511.91
8 $17,206.68 $6,030.03 $283,481.88
9 $16,834.76 $6,401.95 $277,079.94
10 $16,439.90 $6,796.80 $270,283.13
11 $16,020.69 $7,216.02 $263,067.12
12 $15,575.62 $7,661.08 $255,406.03
13 $15,103.10 $8,133.60 $247,272.43
14 $14,601.44 $8,635.27 $238,637.16
15 $14,068.84 $9,167.87 $229,469.29
16 $13,503.38 $9,733.32 $219,735.97
17 $12,903.05 $10,333.65 $209,402.32
18 $12,265.70 $10,971.01 $198,431.30
19 $11,589.03 $11,647.68 $186,783.63
20 $10,870.62 $12,366.08 $174,417.54
21 $10,107.91 $13,128.80 $161,288.75
22 $9,298.16 $13,938.55 $147,350.20
23 $8,438.46 $14,798.25 $132,551.95
24 $7,525.73 $15,710.97 $116,840.97
25 $6,556.72 $16,679.99 $100,160.98
26 $5,527.93 $17,708.78 $82,452.20
27 $4,435.69 $18,801.02 $63,651.18
28 $3,276.09 $19,960.62 $43,690.56
29 $2,044.96 $21,191.75 $22,498.81
30 $737.90 $22,498.81 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Morristown, MN


1500 sqft3900 sqft
Ø selling price$279,511$594,594
Ø fast selling$254,101$535,135
Ø high price sale$304,920$654,054

In 2026, houses in Morristown, MN will be offered at an average price of $154 per square foot. A 1,500 sqft home priced at $279,511 is 24.82% more expensive per square foot than a 3,900 sqft home priced at $594,594. Home prices in Morristown, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $411,643. Sellers who can wait longer may achieve a higher price of up to $503,119.

FAQ – Home Values in Morristown

What is the median home value in Morristown in 2026?

In 2026, the typical home value in Morristown is about $322,974 for an average home size of 2099 square feet. This corresponds to an average price of roughly $154 per square foot.

What is the average cost per square foot in Morristown?

In 2026, homes in Morristown sell for an average of around $154 per square foot, with a typical range between $154 and $154 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Morristown is about 2099 square feet, with an estimated 2026 value around $322,974.



Locations close to Morristown, MN

Nerstrand, MN84 $ / ft²
Elko New Market, MN175 $ / ft²
Newport, MN204 $ / ft²
Mora, MN131 $ / ft²
Medford, MN152 $ / ft²
Marine On Saint Croix, MN335 $ / ft²
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