Comprehensive market data and analysis• Updated Oct 2026
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | 2 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 0 | 3 |
Acreage buckets
The median price for land in Morristown, Minnesota is currently $10K per acre. For a typical parcel, the median sale price is $233K. Market volatility is currently low, meaning prices can vary minimally based on location and access. Recently, the cheapest land sold for $231K while premium lots reached $235K.
The 12-month rate is 5.6%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Morristown, Minnesota saw 2 properties sold, totaling $466K in sales volume.
There are currently 3 active listings in Morristown, Minnesota. The median asking price is $279K.
The top-performing broker in this market is Weichert, REALTORS- Heartland.
Land in Morristown, Minnesota averages $10K per acre. The median price per acre is $10K, which may be more representative of typical transactions. Most parcels sold are around 23.4 acres.
The median land price in Morristown, Minnesota stands at $233K. This translates to roughly $10K per acre for the typical parcel size.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Morristown on LandyDandy.
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