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MORRISTOWN, IN 46161

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

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

The MORRISTOWN, IN real estate market (46161) currently shows 10 active listings, with 3 pending sales. Homes are averaging 84 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

The median listing price has risen 4.6% year-over-year, from $299,950 to $313,700.

Whether you are buying or selling in MORRISTOWN, IN, 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 Context

Market Context

Population: 2,181  ·  Density: 24.5/mi²  ·  Median household income: $76,607

Typical home value: $181,553  ·  Homeownership: 75.9%

Market Overview

Active Listings
10
⇧ 66.7% vs 6 last year
Pending
3
30% pending ratio
Median Price
$313,700
⇧ 4.6% vs $299,950 last year
Average Price
$380,971
⇧ 39% vs $274,100 last year
Days on Market
84
vs 84 days last year

Price Per Square Foot

Median $/sqft
$161
⇧ 1.3% vs $159/sqft last year
Median Home Size
2,073 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 10 this year vs 6 last year
  • Days on market: 84 now vs 84 last year

Median & Average Pricing

Year over Year
  • Median: $313,700 (+4.6% YoY)
  • Average: $380,971 (+39% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.7 miles — 459 listings ($152,088,004 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46161Morristown, IN 461610.0 mi9$3,117,339$254,900$346,371
46130Fountaintown, IN 461307.5 mi8$2,746,880$298,900$343,360
46150Manilla, IN 461509.8 mi1$45,000$45,000$45,000
46176Shelbyville, IN 4617610.7 mi95$26,555,350$259,900$279,530
46117Charlottesville, IN 4611710.8 mi6$1,835,640$209,900$305,940
46154Maxwell, IN 4615413.5 mi1$99,900$99,900$99,900
46110Boggstown, IN 4611013.9 mi1$174,900$174,900$174,900
46155Mays, IN 4615514.9 mi2$334,400$167,200$167,200
46186Wilkinson, IN 4618615.6 mi3$1,109,850$369,950$369,950
46239Indianapolis, IN 4623916.7 mi144$49,339,008$314,950$342,632
46229Indianapolis, IN 4622917.2 mi95$23,100,485$230,000$243,163
47272Saint Paul, IN 4727218.0 mi2$409,400$204,700$204,700
46055Mccordsville, IN 4605518.7 mi92$43,219,852$397,250$469,781

Frequently Asked Questions

How many homes are for sale in MORRISTOWN, IN 46161?

As of February 2026, there are 10 active listings in MORRISTOWN, IN (zip code 46161), compared to 6 the prior year.

What is the median home price in MORRISTOWN, IN 46161?

The median listing price in MORRISTOWN, IN 46161 is $313,700 as of February 2026, a 4.6% increase from $299,950 the prior year.

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

Homes in MORRISTOWN, IN 46161 spend an average of 84 days on the market before going under contract, compared to 84 days the prior year.

Is it a seller's or buyer's market in MORRISTOWN, IN 46161?

Based on current inventory and days-on-market data as of February 2026, MORRISTOWN, IN 46161 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

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

With SELL123.com's maximum 3% commission, sellers in MORRISTOWN, IN 46161 save an estimated $6,274 compared to a typical 5% commission on the median listing price of $313,700. 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.