Home prices
The median home in Morristown is valued at $93,100. In comparison to nearby areas this is about $15,700 (20%) higher.It is about $124,400 (57%) lower in comparison to the rest of the nation, and it is approximately $31,900 (25%) lower compared to the city of Pittsburgh.
Rents
In Morristown the median rent is $629 a month. In comparison to the surrounding areas it is approximately $15 (2%) higher.In comparison to the United States as a whole it is roughly $433 (40%) lower, and compared to the city of Pittsburgh is approximately $329 (34%) lower.
Nearby places
Belmont
Belmont is approximately 2 miles southeast from Morristown. The real estate prices there are a bit less expensive. The value of the median home in Belmont is $85,300, which is $7,800 (9%) lower than Morristown. Rent there is somewhat less expensive. In Belmont the median rent is $575 per month, which works out to $54 (9%) lower than Morristown.
Bethesda
Bethesda is approximately 3 miles south of Morristown. Real estate prices there are similar. The median home in Bethesda costs $94,500, which works out to $1,400 (1%) higher than Morristown. Rents there are a bit less expensive. The median rent in Bethesda is $538 per month, which works out to $91 (16%) lower than Morristown.
Flushing
Flushing is roughly 5 miles north from Morristown. The real estate prices there are significantly less expensive. The median home in Flushing is valued at $68,500, which works out to $24,600 (35%) lower than Morristown. Rents there are somewhat more expensive. Flushing's median monthly rent is $770, which works out to $141 (18%) higher than Morristown.
Barnesville
Barnesville is roughly 6 miles southwest from Morristown. The real estate prices there are a bit less expensive. The median home in Barnesville costs $81,200, which comes out to $11,900 (14%) lower than Morristown. Rents there are a bit less expensive. Barnesville's median rent is $562 a month, which comes out to $67 (11%) lower than Morristown.
Holloway
Holloway is approximately 7 miles northwest from Morristown. The housing prices there are substantially less expensive. The median home price in Holloway is $57,500, which works out to $35,600 (61%) lower than Morristown. The rent there is pretty similar. In Holloway the median rent is $625 a month, which is very similar to Morristown.