Morristown, IN Home Values & Market Trends
Real estate market trends reflect that there have been 38 transactions over the past year in Morristown. The median value for residential home transactions that occurred over the previous year is $252,327. The number of current listings in Morristown is 26, and the percentage of properties for sale in the city is 26.00%. Morristown, IN currently has 1 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 26 properties for sale.
Morristown, IN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 46161 | $ 252,327 $ 139/sqft |
Housing Market Summary for Morristown, IN
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $293.4K | $311K | 5.98% |
| Median Sold Price | $275.8K | $179.3K | -34.98% |
| Homes For Sale | 12 | 26 | 116.67% |
| Homes Sold | 16 | 10 | -37.50% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Morristown, IN
Browse Homes in Morristown, IN
Morristown home values range from $23,642 to $750,000. The median estimated value of a home in Morristown is $252,327. The median list price of a home is 311,000, and the total count of properties in the city is 38.
- Pre-ForeclosurePre-foreclosure homes account for 2.63% of all residential properties in Morristown, IN with 46161 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Morristown, IN; of that zips, the estimated home value for pre-foreclosure homes ranges from $142,968 in 46161 to the lowest home value of $142,968 in 46161.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Morristown, IN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Morristown, IN. There is 1 zips within Morristown, IN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Morristown, IN. Auction homes and other auction properties account for 0% of all properties in Morristown, IN. There is 1 zips within Morristown, IN; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Morristown, IN
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
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