Morristown, MN Real Estate
According to census data in the year 2000 there were 374 housing units in Morristown.
This represents a 21% growth from 309 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 374 were located in what is classified as a rural area.
Homeownership rate in Morristown is about 85.2%.
Morristown's vacancy rate, including seasonal lodging, is about 2.7%.
Average household size is 2.62 people.
The majority of houses, apartments or condos in Morristown were built after 1963.
|Housing Units by Size|
|Five Bedrooms or more||1.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.76|
|Median year structure was built||1963|
|Median Value of occupied units||$81,600|
|Median Price asked for vacant units||$85,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.83|
|Median year structure was built||1965|
|Median Monthly Rent asked for vacant units||$475|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.3%|