House Prices

House Prices & Home Values Morristown, SD 2026


Average Data

average house price$4,917,999
average size per house2280 ft²
average price per ft²2158 $ / ft²

04/20/2026 - The value range (VR) for house prices in Morristown, SD is $2157/ sqft to $2157/ sqft. An average home with 2280 sqft costs approximately $4,917,960 to $4,917,960. Morristown, SD includes 1 ZIP codes and it is located in Corson county. The lowest prices are found in ZIP 57645, while the highest are in ZIP 57645. The average price per sqare feet is $2158. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Morristown

576452263 $ / ft²




Historical development of home values in Morristown

Year Estimated value (USD) Change vs. 2025
2010 $2,284,008 -53.6%
2011 $2,195,685 -55.4%
2012 $2,189,773 -55.5%
2013 $2,271,621 -53.8%
2014 $2,384,576 -51.5%
2015 $2,506,961 -49.0%
2016 $2,637,792 -46.4%
2017 $2,780,164 -43.5%
2018 $2,933,867 -40.3%
2019 $3,069,905 -37.6%
2020 $3,228,605 -34.4%
2021 $3,672,189 -25.3%
2022 $4,280,948 -13.0%
2023 $4,514,459 -8.2%
2024 $4,775,627 -2.9%
2025 $4,917,999 0.0%

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



Example: 100% financing house in Morristown

Loan amount: $4,917,999

Interest rate: 6.00%

Fixed monthly payment: $29,485.89

Breakdown in the 1st month:
Interest portion: $24,590.00  –  Principal portion: $4,895.89

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $293,437.06 $60,393.60 $4,857,605.40
2 $289,712.12 $64,118.55 $4,793,486.85
3 $285,757.43 $68,073.24 $4,725,413.61
4 $281,558.82 $72,271.85 $4,653,141.76
5 $277,101.25 $76,729.42 $4,576,412.34
6 $272,368.74 $81,461.92 $4,494,950.42
7 $267,344.35 $86,486.31 $4,408,464.10
8 $262,010.06 $91,820.60 $4,316,643.50
9 $256,346.77 $97,483.90 $4,219,159.61
10 $250,334.18 $103,496.49 $4,115,663.12
11 $243,950.74 $109,879.93 $4,005,783.19
12 $237,173.59 $116,657.08 $3,889,126.11
13 $229,978.43 $123,852.23 $3,765,273.88
14 $222,339.50 $131,491.17 $3,633,782.71
15 $214,229.41 $139,601.25 $3,494,181.46
16 $205,619.11 $148,211.55 $3,345,969.91
17 $196,477.75 $157,352.92 $3,188,616.99
18 $186,772.56 $167,058.10 $3,021,558.88
19 $176,468.79 $177,361.88 $2,844,197.00
20 $165,529.49 $188,301.17 $2,655,895.83
21 $153,915.49 $199,915.18 $2,455,980.65
22 $141,585.16 $212,245.51 $2,243,735.15
23 $128,494.32 $225,336.35 $2,018,398.80
24 $114,596.07 $239,234.60 $1,779,164.20
25 $99,840.60 $253,990.07 $1,525,174.13
26 $84,175.05 $269,655.62 $1,255,518.52
27 $67,543.28 $286,287.39 $969,231.13
28 $49,885.70 $303,944.97 $665,286.17
29 $31,139.04 $322,691.63 $342,594.54
30 $11,236.13 $342,594.54 $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, SD


1500 sqft3900 sqft
Ø selling price$3,916,771$8,332,039
Ø fast selling$3,560,701$7,498,835
Ø high price sale$4,272,840$9,165,242

In 2026, houses in Morristown, SD will be offered at an average price of $2158 per square foot. A 1,500 sqft home priced at $3,916,771 is 24.13% more expensive per square foot than a 3,900 sqft home priced at $8,332,039. Home prices in Morristown, SD vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $5,768,335. Sellers who can wait longer may achieve a higher price of up to $7,050,187.


Discover Morristown, SD

Overview

Morristown, South Dakota is a quiet rural community in the far northwestern part of the state near the North Dakota border.
It offers classic Great Plains scenery with wide-open skies, rolling prairie, and spectacular sunsets. The town?s small size gives it a friendly, close-knit feel, making it appealing for travelers seeking authentic small-town charm.

Economy and Outdoors

Morristown sits within an agricultural region where cattle ranching and farming shape the local economy and traditions.
Outdoor enthusiasts will find ample opportunities nearby for hunting, birding, and prairie drives, with the Grand River National Grassland within easy driving distance. History buffs can explore regional museums, small-town landmarks, and historic trails that tell the story of settlement and frontier life.

Living and Access

Local businesses and services cater to residents and passersby along the northern South Dakota travel corridor, keeping essentials close at hand.
Housing in and around Morristown features affordable rural properties, open acreage, and room to grow for homesteaders or retirees. The climate brings four distinct seasons, from crisp, windy winters to warm, sun-filled summers ideal for road trips and stargazing.

Why Visit

Whether you are planning a visit or considering a move, Morristown, SD delivers quiet comfort, genuine hospitality, and easy access to the wide-open West.



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 $4,917,999 for an average home size of 2280 square feet. This corresponds to an average price of roughly $2158 per square foot.

What is the average cost per square foot in Morristown?

In 2026, homes in Morristown sell for an average of around $2158 per square foot, with a typical range between $2157 and $2157 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 2280 square feet, with an estimated 2026 value around $4,917,999.



Locations close to Morristown, SD

Mound City, SD2376 $ / ft²
Pollock, SD1881 $ / ft²
Prairie City, SD2567 $ / ft²
Meadow, SD2041 $ / ft²
Mc Laughlin, SD2061 $ / ft²
Mc Intosh, SD2357 $ / ft²
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