Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Morristown area can be challenging. Home prices in Morristown are now at a median cost of $144,379, lower than the Ohio average of $181,280.
The average cost of rent is $1,014/mo in Morristown, primarily driven by the current value of real estate in the Morristown area. While nearly 60.53% of residents own their homes outright in Morristown, 23.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morristown is $5,428 per month. Households that rent pay about 18.69% of their income on rent here. Morristown's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Loomis, OH: higher priced homes
- Lloydsville, OH: higher priced homes
- Bethesda, OH: less expensive homes
- Olivett, OH: higher priced homes
- Speidel, OH: higher priced homes
- Lafferty, OH: higher priced homes
- Belmont, OH: higher priced homes
- Hendrysburg, OH: higher priced homes
- Flushing, OH: less expensive homes
- Lamira, OH: higher priced homes
Cities with Similar Populations
- Trist, MI: higher priced homes
- Foose, MO: less expensive homes
- Fort Blackmore, VA: less expensive homes
- Fort Bridger, WY: higher priced homes
- Fort Kent Village, ME: less expensive homes
- Franklin, MO: less expensive homes
- Sylvan Grove, KS: less expensive homes
- Taylor Crossroads, TN: higher priced homes
- Tennessee, IL: less expensive homes
- Toutle, WA: higher priced homes
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