The median home in Morristown, Minnesota is valued at $302,423, up 3.9% year over year. Morristown is part of the Faribault-Northfield, MN metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$302,423

+3.9%

Prices rising — worse for buyers.

Affordability

Enter your income for Morristown.

Income (annual)

Down Payment

$60,485 on $302,423

Example: $75,000 household income. Change it above to see your own.

Stretch31.4% of income

Above 28% but manageable with cuts.

PITI$1,961

P/I31.4%

Afford$270K

Gap-$33K

P&I $1,529Tax $282Ins $150

6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Minnesota

Compare Morristown with other housing markets across Minnesota.

Minnetonka Beach$2.22M Woodland$1.62M Greenwood$1.6M Sunfish Lake$1.16M Orono$1.08M Medicine Lake$1.08M Tonka Bay$1.06M Deephaven$1.02M

Full Faribault-Northfield, MN analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Faribault-Northfield, MN metro.

View Faribault-Northfield, MN metro

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Morristown, MN