Morristown IN Commercial for Sale

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Morristown Real Estate

The median home value in Morristown, IN is $252,500. This is higher than the county median home value of $211,900. The national median home value is $338,100. The average price of homes sold in Morristown, IN is $252,500. Approximately 62.5% of Morristown homes are owned, compared to 28.95% rented, while 8.55% are vacant. Morristown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Morristown real estate agent to arrange a tour today!

Morristown, Indiana has a population of 1,129. Morristown is more family-centric than the surrounding county with 35.8% of the households containing married families with children. The county average for households married with children is 32.42%.

The median household income in Morristown, Indiana is $44,625. The median household income for the surrounding county is $64,070 compared to the national median of $69,021. The median age of people living in Morristown is 40.2 years.

Morristown Weather

The average high temperature in July is 84.7 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 44.5 inches per year, with 20.4 inches of snow per year.

Morristown Real Estate Market Conditions

  • Median sales price

    $252,500
    17.9% change since last quarter
  • # Active listings

    5
    30-day change

Morristown Schools and Demographics

Education near Morristown, IN

Metric City County
High School Graduates 82.83 89.07
College Degree - 2 year 6.03 8.09
College Degree - 4 year 10.62 18.7
Graduate Degree 2.1 4.53
Expenditures per Student 12,759 12,759
Students per Teacher 16.6 16.6

Elementary Schools near Morristown, IN

School Grades Students P/T Ratio ZIP
Arlington Elementary School KG - 06 244 13.6 46104
Brandywine Elementary School KG - 06 299 21.4 46140
Coulston Elementary School PK - 05 558 18.6 46176
Eden Elementary School KG - 03 199 17.3 46140
Harris Elementary School KG - 03 350 18.4 46140
J B Stephens Elementary School PK - 03 502 19.7 46140
Morristown Elementary School PK - 05 311 22.2 46161
Mt Comfort Elementary School PK - 05 538 20.3 46140
Southwestern Elementary School KG - 06 310 16.3 46176
Thomas A Hendricks Elementary School PK - 05 693 19.3 46176
Weston Elementary School KG - 03 336 17.7 46140
William F Loper Elementary School PK - 05 668 19.1 46176

Middle Schools near Morristown, IN

School Grades Students P/T Ratio ZIP
Carthage Elementary School KG - 04 86 9.7 46115
Greenfield Central Junior High School 07 - 08 717 23.9 46140
Greenfield Intermediate School 04 - 06 524 19.4 46140
Shelbyville Middle School 06 - 08 926 20.1 46176

High Schools near Morristown, IN

School Grades Students P/T Ratio ZIP
Greenfield-Central High School 09 - 12 1,439 21.6 46140
Morristown Junior/Senior High School 06 - 12 328 14.9 46161
Shelbyville Senior High School 09 - 12 1,134 18.3 46176
Southwestern High School 07 - 12 317 13.2 46176

Ungraded Schools near Morristown, IN

School Grades Students P/T Ratio ZIP
Especially Kidz Health & Rehab Cnt PK - 12 36 36 46176

Demographics near Morristown, IN

Metric City County
Neighborhood Type Suburban
Population 1,129 44,825
Population Density 452 109
Median Age 40.2 40.2
People per Household 2.5 2.5
Median Household Income 44,625 64,070
Average Income per Capita 22,882 31,273