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Foreclosure Homes in Morris, MN

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Morris, MN Foreclosures

Current Market Conditions in in Morris, MN As of March 2026?
Over the past month, the Morris real estate market has seen a slight increase in both buyer activity and home prices. More homes are entering the inventory, which attracts new buyers looking for affordable housing options. The University’s ongoing events and activities have helped maintain interest in the region as a desirable place to live.
How much do homes sell for in Morris, MN?
The average home price is currently $239,558.
In Morris, MN, how many homes are available?
There are currently 3 active home listings available in Morris.
What’s the average rental cost in Morris, MN?
The average rental price in Morris is $1,219.
What is the most expensive home in Morris?
The most expensive home sold in Morris had a price of $3,293,754.
What is currently the cheapest priced home in Morris, MN?
The cheapest home for sale in Morris is priced at $26,312.

Living in Morris, MN

Morris, Minnesota is a welcoming small town that combines a rich heritage with modern conveniences. Known for its picturesque landscapes and outdoor activities, it features a vibrant community centered around the University of Minnesota Morris. Residents enjoy access to great schools, local amenities, and a friendly atmosphere.

Buyer vs Seller Market in Morris, MN

The Morris real estate market is currently stable, with a healthy inventory of homes for sale and a steady demand. Prices have shown resilience in contrast to larger metropolitan areas, appealing to both first-time homebuyers and investors looking for rental opportunities in a college town.

There has been a trend of moderate appreciation in home values over recent years, as demand remains consistent within the Morris area. This is attributed to the town's appealing lifestyle and strong community spirit.

Home Value Estimator For Morris, MN

There are currently 1,966 real estate properties in Morris, MN, with a median automated valuation model (AVM) price of $195,207.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Morris, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Morris, MN, is $239,558.00, with the most expensive house in Morris, MN, topping out at $3,293,754.00 and the cheapest home in Morris, MN, clocking in at $26,312.00. In other words, there’s something for every potential homebuyer or savvy investor in Morris, MN!

Rent Prices In Morris, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Morris, MN, is on a rollercoaster ride. The average rent price in Morris, MN, is $1,219.00. Indeed, when looking to rent in Morris, MN, you can expect to pay as little as $580.00 or as much as $2,120.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Morris, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Morris, MN Foreclosures

Market Trend for Morris, MN

Total Listings Available: 3

Market Values:

Home Prices from $26,312 to $3,293,754

Average Sales Price: $239,558

Rental Values:

Rental from $580 to $2,120

Average Rent Value: $1,219 / month

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