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MN area data

Morristown, MN

Morristown, MN.

Population: 2,114 (Census ACS)

The typical home value in Morristown, MN is $331,506 — up 3.4% over the past year. Homes sell for a median $224,900 after a median 45 days on market. 2 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with hail, strong wind, cold wave the top-rated hazards. Cost of living is 1.4% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$331,506

Typical home value

+3.4%

1-year change

45

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Typical home value
$331,506
1-year appreciation
+3.4%
3-year appreciation
+12.6%
5-year appreciation
+25.9%
10-year appreciation
+91.1%
Peak value since 2000 (Aug 2026)
$331,506
House Price Index (state)
442.4 (+2.4% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$224,900
Median list price
$247,000
Median price per sqft
$157
1-year sale-price change
-3.4%
Median days on market
45 days
Homes sold (recent period)
5
For-sale inventory
6
Sale-to-list ratio
99.2%
Active listings
3
1-year forecast
+3.6%

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$931/mo
1BR fair-market rent
$937/mo
2BR fair-market rent
$1,226/mo
3BR fair-market rent
$1,621/mo
4BR fair-market rent
$2,049/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Average)
98.6 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
2
Elementary schools
0
Middle schools
2
High schools
0
Avg student-teacher ratio
14.5 : 1
Schools include
MORRISTOWN ELEMENTARY, WATERVILLE-ELYSIAN-MORRISTOWN JR.

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
hail, strong wind, cold wave, inland flooding, tornado
Notable hazard ratings (county)
hail: Relatively High · strong wind: Relatively High · tornado: Relatively Moderate · cold wave: Relatively Moderate · winter weather: Relatively Moderate · inland flooding: Relatively Moderate
Most common flood zone among NFIP claims
Zone AE
NFIP flood claims on record
3
Wildfire risk to homes (county)
Higher than 17% of US counties
Buildings in wildfire direct-exposure zone
39.4%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Flood zones vary by property. Look up a specific address on the FEMA Flood Map Service Center.
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
45.0°F
Average high
54.0°F
Average low
35.0°F
Annual precipitation
37.2 in
Annual snowfall
53.4 in
USDA plant hardiness zone
4b (extreme annual low -25 to -20°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
6.7 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
9,059
Jobs reachable by transit (45 min)
11,266

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Mississippi National River & Recreation Area (52 mi)
Airports within 30 mi
20
Nearest airport
Sevcik Farms Airport (6 mi)
Hospitals in or near this ZIP
14
Hospitals include
NORTHFIELD HOSPITAL, MAYO CLINIC HEALTH SYSTEM - ALBERT LEA AND AUSTIN, OWATONNA HOSPITAL
Avg hospital rating (CMS)
4.0 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
-12 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1972
Housing built before 1970
46.9%
Housing built 2000 or later
14.7%
Median annual property tax
$2,533
Mean commute to work
21 min
Households with broadband internet
74.4%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
22,615
Average weekly wage
$1,162
Top industries (by employment)
Health Care, Education, Accommodation & Food
Annual residential building permits (county)
100

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

MorristownState medianUS median
Typical home value$331,506$300,176$288,527
Median sale price$224,900$315,500$325,000
Median days on market45 days39 days51 days
Median annual property tax$2,533$2,128$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in Morristown, MN?
$331,506.
What is the median sale price in Morristown, MN?
$224,900.
How long do homes take to sell in Morristown, MN?
Median days on market: 45 days.
What is typical rent in Morristown, MN?
2-bedroom fair-market rent: $1,226/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in Morristown, MN?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: hail, strong wind, cold wave, inland flooding, tornado.
Is Morristown, MN in a flood zone?
Flood zones vary by property within Morristown, MN. 3 FEMA flood-insurance (NFIP) claims are on record; the most common zone among them is AE. Check a specific address on the FEMA Flood Map Service Center.
What is the wildfire risk in Morristown, MN?
Risk to homes is higher than 17% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Morristown, MN?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Morristown, MN?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Morristown, MN?
2 schools (2 middle) (NCES, 2024-25).
Is Morristown, MN walkable?
Walkability index: 6.7/20 (EPA Smart Location Database).
What is the cost of living in Morristown, MN?
Regional Price Parity: 98.6 (100 = US average) (Average) (BEA RPP, metro/state-level).

ZIP code for Morristown

Listing a home in Morristown, MN?

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents