Morristown MN Commercial for Sale

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Morristown Real Estate

The median home value in Morristown, MN is $322,450. This is higher than the county median home value of $309,900. The national median home value is $338,100. The average price of homes sold in Morristown, MN is $322,450. Approximately 68.48% of Morristown homes are owned, compared to 18.86% rented, while 12.66% 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, Minnesota has a population of 809. Morristown is less family-centric than the surrounding county with 27.18% of the households containing married families with children. The county average for households married with children is 31.62%.

The median household income in Morristown, Minnesota is $56,346. The median household income for the surrounding county is $71,384 compared to the national median of $69,021. The median age of people living in Morristown is 42.4 years.

Morristown Weather

The average high temperature in July is 82.3 degrees, with an average low temperature in January of 4.2 degrees. The average rainfall is approximately 34 inches per year, with 45.9 inches of snow per year.

Morristown Real Estate Market Conditions

  • Median sales price

    $322,450
    12.2% change since last quarter
  • # Active listings

    7
    30-day change

Morristown Schools and Demographics

Education near Morristown, MN

Metric City County
High School Graduates 88.26 92.31
College Degree - 2 year 16.8 11.24
College Degree - 4 year 12.72 28.93
Graduate Degree 1.31 7.35
Expenditures per Student 20,007 20,007
Students per Teacher 15.2 15.2

Elementary Schools near Morristown, MN

School Grades Students P/T Ratio ZIP
Cannon River Stem School KG - 08 294 12.7 55021
Hartley Elementary School KG - 03 470 15.2 56093
Jefferson Elementary School KG - 05 530 12.3 55021
Lincoln Elementary School KG - 05 512 12.2 55021
Medford Elementary School PK - 06 478 15.3 55049
Roosevelt Elementary School KG - 05 510 13 55021
Team Academy KG - 06 138 10.6 56093
Waterville Elementary School PK - 04 349 15.8 56096

Middle Schools near Morristown, MN

School Grades Students P/T Ratio ZIP
Faribault Middle School 06 - 08 856 15.6 55021
Morristown Elementary School 05 - 06 122 14 55052
Waseca Intermediate School 04 - 06 465 13.3 56093
Waseca Junior High School 07 - 08 329 18.8 56093
Waterville-Elysian-Morristown Junior School 07 - 08 114 10.7 55052

High Schools near Morristown, MN

School Grades Students P/T Ratio ZIP
Faribault Senior High School 09 - 12 1,222 21.6 55021
Medford Secondary School 07 - 12 375 15.5 55049
Waseca Senior High School 09 - 12 614 18.1 56093
Waterville-Elysian-Morristown Senior 09 - 12 258 13.7 56096

Ungraded Schools near Morristown, MN

School Grades Students P/T Ratio ZIP
* Faribault Area Learning Center 09 - 12 116 15.4 55021
* Secondary Area Learning Cntr. Summer 09 - 12 0 55021
* Waseca Alternative High School 07 - 12 47 12.9 56093
Cannon River Education Center S.U.N KG - 12 10 4.6 55021
Discovery Public School Faribault 06 - 12 55 8.2 55021
Early Childhood Family Education PK - PK 0 55021
Early Childhood Special Education PK - PK 89 6.8 55021
Focus 04 - 12 13 3.1 55021
MN Academy for the Blind PK - 12 47 3.4 55021
MN Academy for the Deaf PK - 12 126 5.3 55021
Reflections KG - 12 10 4.6 55021
WCOC - Day Treatment 06 - 12 5 5 56093

Demographics near Morristown, MN

Metric City County
Neighborhood Type Small town
Population 809 66,795
Population Density 747 135
Median Age 42.4 36.9
People per Household 2.2 2.5
Median Household Income 56,346 71,384
Average Income per Capita 31,238 33,383