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MORRISTOWN, MN 55052

Real Estate Market Report  ·  Rice County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
4
⇩ 42.9% vs 7 last year
Pending
1
25% pending ratio
Median Price
$449,900
⇩ 15.9% vs $535,250 last year
Average Price
$439,940
⇩ 15.4% vs $520,113 last year
Days on Market
77
⇧ 24.2% vs 62 days last year

Market Context

Population: 1,849  ·  Density: 15.9/mi²  ·  Median household income: $78,958

Typical home value: $264,291  ·  Homeownership: 88.5%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The MORRISTOWN, MN real estate market (55052) currently shows 4 active listings, with 1 pending sales. Homes are averaging 77 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 77 days on market compared to 62 days last year.

The median listing price has fallen 15.9% year-over-year, from $535,250 to $449,900.

Whether you are buying or selling in MORRISTOWN, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 7 last year
  • Days on market: 77 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $449,900 (-15.9% YoY)
  • Average: $439,940 (-15.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.8 miles — 215 listings ($99,734,559 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55052Morristown, MN 550520.0 mi4$1,759,760$449,900$439,940
56052Kilkenny, MN 560528.4 mi3$1,138,350$379,450$379,450
55049Medford, MN 5504910.6 mi2$629,800$314,900$314,900
56028Elysian, MN 5602813.4 mi3$1,739,700$579,900$579,900
55046Lonsdale, MN 5504614.7 mi17$8,585,935$389,899$505,055
55060Owatonna, MN 5506016.0 mi79$28,186,173$339,950$356,787
56057Le Center, MN 5605717.8 mi7$2,216,431$302,450$316,633
56017Cleveland, MN 5601719.4 mi8$3,735,520$314,900$466,940
55088Webster, MN 5508820.6 mi3$2,489,700$829,900$829,900
55057Northfield, MN 5505720.9 mi74$46,102,592$437,500$623,008
56078Pemberton, MN 5607822.7 mi1$190,000$190,000$190,000
56072New Richland, MN 5607223.6 mi6$1,368,198$224,900$228,033
55946Kenyon, MN 5594623.8 mi8$1,592,400$209,000$199,050

Frequently Asked Questions

How many homes are for sale in MORRISTOWN, MN 55052?

As of January 2026, there are 4 active listings in MORRISTOWN, MN (zip code 55052), compared to 7 the prior year.

What is the median home price in MORRISTOWN, MN 55052?

The median listing price in MORRISTOWN, MN 55052 is $449,900 as of January 2026, a 15.9% decrease from $535,250 the prior year.

How long do homes stay on the market in MORRISTOWN, MN?

Homes in MORRISTOWN, MN 55052 spend an average of 77 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in MORRISTOWN, MN 55052?

Based on current inventory and days-on-market data as of January 2026, MORRISTOWN, MN 55052 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 77 days on market compared to 62 days last year.

How much can I save on real estate commission in MORRISTOWN, MN?

With SELL123.com's maximum 3% commission, sellers in MORRISTOWN, MN 55052 save an estimated $8,998 compared to a typical 5% commission on the median listing price of $449,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.