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 $65,000, lower than the South Dakota average of $199,518.
The average cost of rent is $525/mo in Morristown, primarily driven by the current value of real estate in the Morristown area. While nearly 78.02% of residents own their homes outright in Morristown, 16.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morristown is $4,190 per month. Households that rent pay about 12.53% of their income on rent here. Morristown's most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Keldron, SD: equally priced homes
- Watauga, SD: equally priced homes
- Morristown, ND: higher priced homes
- Mc Intosh, ND: less expensive homes
- Thunder Hawk, SD: higher priced homes
- Lemmon, ND: higher priced homes
- McIntosh, SD: equally priced homes
- Lemmon, SD: higher priced homes
- North Lemmon, ND: higher priced homes
- Raleigh, ND: higher priced homes
Cities with Similar Populations
- Seven Oaks, TX: higher priced homes
- Morristown, ND: higher priced homes
- Mount Carmel, AL: higher priced homes
- Mount Sterling, PA: higher priced homes
- Mozelle, TX: higher priced homes
- Scotland Beach, MD: higher priced homes
- Scott Bar, CA: higher priced homes
- Scovel, IL: higher priced homes
- Scroggsfield, OH: higher priced homes
- Scrub Ridge, OH: higher priced homes
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