Median home value in zip code 55052 (Morristown, MN) is $312,046, up 3.5% year over year. Part of the Faribault-Northfield, MN metropolitan area.

Home Value$312,046

YoY Change

+3.5%

Prices rising — worse for buyers.

Affordability

Enter your income for 55052 (Morristown).

Income (annual)

Down Payment

$62,409 on $312,046

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

Stretch32.3% of income

Above 28% but manageable with cuts.

PITI$2,019

P/I32.3%

Afford$270K

Gap-$42K

P&I $1,578Tax $291Ins $150

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

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

Metro Analysis

55052 is part of the Faribault-Northfield, MN metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

View Faribault-Northfield, MN analysis

Want deeper metro-level analysis?Stress scores, crash risk, 12-month forecasts, and early warning signals for 195 US metros.

Try Free

Weekly briefing

Every Monday — score changes, top movers, and what shifted. Free.