Morristown city: Median Home Value Trend
How Morristown city'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
$111,200
2023
$155,700
Total change
+$44,500
% change
+40%
| Year | Median Home Value | Change |
|---|---|---|
| 2017 | $111,200 | — |
| 2019 | $115,900 | +$4,700 (4.2%) |
| 2020 | $119,500 | +$3,600 (3.1%) |
| 2021 | $121,900 | +$2,400 (2%) |
| 2022 | $137,100 | +$15,200 (12.5%) |
| 2023 | $155,700 | +$18,600 (13.6%) |