City

MORRISTOWN, MN

Faribault-Northfield, MN

Median home value: $302K (+3.9% YoY). Part of Faribault-Northfield, MN.

Limited Data

Basic Zillow data only. For stress scores, AI analysis, and trends, Faribault-Northfield, MN metro page.

Home Value$302,423
+3.9%
AFFORDABILITY

Enter your income for Morristown.

$60,485 on $302,423
Stretch — 30.1% of income

Above 28% but manageable with cuts.

PITI$1,883
P/I30.1%
Afford$281K
Gap-$21K
P&I $1,451Tax $282Ins $150
6.00% 30yr, 20% down, county tax + MN ins. 28% per HUD.
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Morristown Housing Market | CrashWatch