Real Estate Investing in Morristown, Ohio
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Should you buy in Morristown, OH? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
- High vacancy: 37.9% of homes vacant — above national norms.
- Higher unemployment: 14.0% unemployment — tenant risk signal.
What’s happening in Morristown, OH?
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Market Trends — Morristown, OH
Home Value History
Investing in Morristown Real Estate
Across Morristown's 1 ZIPs, the picture is thin: $117K median values, $963/mo rents, and a population that has faced real economic pressure.
A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Morristown is in that category.
Market conditions in Morristown are tepid. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.
Demographics in Morristown show real pressure — median income of $N/AK is soft relative to rents, and the 0% renter share includes significant cost-burdened households.
Best ZIP codes in Wheeling, WV-OH
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Landlord Ground Truth
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ZIP Codes in Morristown, OH
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View PlansFrequently Asked Questions About Morristown, OH
How do landlord-tenant laws work in Morristown, OH?
Landlord-friendliness in Morristown, OH is landlord-friendly. Eviction timelines and lease enforcement are considered reasonable by most property managers.
Is the tenant base reliable in Morristown, OH?
Tenant quality in Morristown, OH ranks as solid. Landlords generally report reliable occupancy at market rents of $963/mo.
What is the average monthly rent in Morristown, OH?
The typical rental in Morristown, OH commands about $963/mo monthly. That rent profile reliable cash flow against the $117K purchase basis.
What is the investability score for Morristown, OH?
With a 3.0/5 investability score, Morristown, OH ranks as a solid market for rental property investors. Median prices of $117K and rents of $963/mo drive the underlying numbers.
What is the average home sale price in Morristown, OH?
Morristown, OH median home values land near $117K. That is reasonable territory for investors looking at $963/mo-per-month rentals.
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