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Morristown, OH Real Estate


According to census data in the year 2000 there were 139 housing units in Morristown. This represents a 6.9% growth from 130 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 139 were located in what is classified as a rural area.

Homeownership rate in Morristown is about 83.5%. Morristown's vacancy rate, including seasonal lodging, is about 12.9%. Average household size is 2.52 people.

The majority of houses, apartments or condos in Morristown were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom5.80%
Two Bedrooms18.70%
Three Bedrooms62.60%
Four Bedrooms11.50%
Five Bedrooms or more1.40%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1939
Median Value of occupied units$71,800
Median Price asked for vacant units$32,500

Rented Homes, Apartments and Condos

Average Household Size3.45
Median year structure was built1941
Median Monthly Rent asked for vacant units$225

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.20%
Home Equity Loan15.20%
Simple Mortgage33.70%
Debt Free48.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.6%