Morristown town: Median Home Value Trend
How Morristown town's median home value changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.
2017
$439,600
2023
$552,800
Total change
+$113,200
% change
+25.8%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $439,600 | — |
| 2019 | $472,000 | +$32,400 (7.4%) |
| 2020 | $479,100 | +$7,100 (1.5%) |
| 2021 | $469,600 | $9,500 (-2%) |
| 2022 | $535,900 | +$66,300 (14.1%) |
| 2023 | $552,800 | +$16,900 (3.2%) |