The Unshakable Investor

Unshakable ZIP Data 46161 | Morristown, IN Housing Market

Morristown · Shelby County · Indianapolis-Carmel-Anderson, IN metro · Indiana · Data updated June 19, 2026

The median sale price in ZIP 46161, Morristown, Indiana is $311,906 at $125 per square foot. 7 single-family homes sold in the latest period, up 3.0 percent from a year earlier. Homes sit a median of 25 days on market with 1.4 months of supply. Sellers are getting 92.1 percent of list price and 0.0 percent of homes sold above asking.

Buyer leverage market. Negotiate hard.

Value anchors

MetricValueYear over year
Average single-family value$269,069
Average price per sq ft$108
Median sale price$311,906
Median sale price per sq ft$125
Median home size2,495 sq ft
Median new listing price$352,437+28.2%
National size rank17,463

Sales activity

MetricValueYear over year
Homes sold7+3.0%
Median days on market25 days
Months of supply1.4 months
New listings4-18.8%
Active listings11+39.3%
Pending sales6+21.6%

Pricing power

MetricValueYear over year
Average sale-to-list ratio92.1%-5.8 pts
Share sold above list0.0%0.0 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$168,997
3-bedroom
$276,322
4-bedroom
$331,143

These figures describe the single-family market for Morristown, Indiana ZIP 46161. They are market context, not a substitute for sold comps or a formal appraisal.