Morristown, OH Foreclosures
How much do homes sell for in Morristown, OH?
The average home price is currently $155,960.
In Morristown, OH, how many homes are available?
There are currently 105 active home listings available in Morristown.
What’s the average rental cost in Morristown, OH?
The average rental price in Morristown is $1,126.
What is the most expensive home in Morristown?
The most expensive home sold in Morristown had a price of $1,007,814.
What is currently the cheapest priced home in Morristown, OH?
The cheapest home for sale in Morristown is priced at $21,445.
Living in Morristown, OH
Morristown, OH is a quaint small town that offers a peaceful and family-friendly environment. With its rich history, community events, and access to nature, living here provides a unique combination of rural charm and modern conveniences. Whether you're exploring local parks or participating in community gatherings, Morristown has something for everyone.
Current Market Conditions in Morristown, OH
The real estate market in Morristown is relatively stable, characterized by affordable housing options that attract first-time homebuyers and retirees alike. The demand for homes remains steady, with a balanced inventory of properties available for sale, indicating a healthy real estate climate particularly suitable for those looking to invest in a peaceful community.
In recent months, there has been a noticeable increase in interest from buyers seeking homes in more rural areas, driving a slight uptick in home prices. As more individuals prioritize space and a slower pace of life, Morristown is becoming increasingly popular among those leaving urban settings.
Home Value Estimator For Morristown, OH
There are currently 89 real estate properties
in Morristown, OH,
with a median automated valuation model (AVM) price
of $121,182.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Morristown, OH, 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 Morristown, OH,
is $155,960.00, with the most expensive house
in Morristown, OH, topping out
at $1,007,814.00 and the cheapest home
in Morristown, OH,
clocking in at $21,445.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Morristown, OH!
Rent Prices
In Morristown, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Morristown, OH, is on
a rollercoaster ride. The
average rent price in Morristown, OH,
is $1,126.00. Indeed, when looking to rent in
Morristown, OH, you can expect to pay as little
as $580.00 or as much
as $2,160.00,
with the average rent median estimated to
be $1,070.00. The good news is that finding
an affordable and desirable property to rent in Morristown, OH
-- 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.