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 $104,300, lower than the West Virginia average of $138,399.
The average cost of rent is $473/mo in Morristown, primarily driven by the current value of real estate in the Morristown area. While nearly 58.53% of residents own their homes outright in Morristown, 28.51% rent.
Housing affordability isn’t just about home prices, though. The average household income in Morristown is $4,815 per month. Households that rent pay about 9.82% of their income on rent here. Morristown's most expensive areas are in the western regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Elizabeth, WV: equally priced homes
- Newark, WV: less expensive homes
- Palestine, WV: equally priced homes
- Windy, WV: higher priced homes
- Peewee, WV: equally priced homes
- Leachtown, WV: equally priced homes
- Slate, WV: higher priced homes
- Rockport, WV: higher priced homes
- Saulsbury, WV: higher priced homes
- Wiseburg, WV: higher priced homes
Cities with Similar Populations
- Sheridan, OH: equally priced homes
- Kirwin, KS: less expensive homes
- Knievels Corner, NE: less expensive homes
- Kossuth, PA: higher priced homes
- Kratzerville, PA: higher priced homes
- La Prairie, IL: higher priced homes
- Lafourche, LA: equally priced homes
- Shaktoolik, AK: less expensive homes
- Shawnee, AL: higher priced homes
- Sheep Town, VA: equally priced homes
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