Market Summary

Morristown, Rice County, MN

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Median Home Price Price

$297,246 $297.2K

Median Monthly Rent Rent

$1,417 $1.4K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Rice County

No similar markets found for this scope.

Home prices

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Monthly rent

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GRM

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Similar markets within MN outside of Rice County

Region Price Rent GRM Display
Rice, Benton County, MN
$334,267 $1,345 21.0x
Duluth, Saint Louis County, MN
$269,962 $1,343 17.0x
Kenyon, Goodhue County, MN
$285,232 $1,059 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MN

Region Price Rent GRM Display
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Home prices

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Monthly rent

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GRM

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Morristown

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Trend Insights

Median Rent in Morristown, MN is $1,417, with MoM change +$14 and YoY change +$106 pointing to positive momentum while volatility is low (std $26).

Benchmark Markets Side by Side

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Metric
Base market Morristown, MN
Compare market Select a market
Delta vs base
Median rent
$1,417
N/A
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Median price
$297,246
N/A
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YoY change
+$106
N/A
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Price-to-rent
17.5x
Data unavailable
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