85342 Home Values & Market Trends

There are 46 homes currently listed for 85342. 85342 real estate market trends show that home prices range from $255,000 to $1,299,000, and the median sales price in the 85342 zip code is $298,496. The total number of properties sold within the past twelve months is 41. In 85342, 6 properties are in foreclosure, 0 are bank owned properties,and 6 are headed for auction.

85342 Real Estate Market Overview

CityMedian Est. Value
Morristown

$ 298,496

$ 243/sqft

Housing Market Summary for 85342

Oct 2025October 2026Change
Median Listing Price$305K$315K3.28%
Median Sold Price$306.7K$508.6K65.83%
Homes For Sale2346100.00%
Homes Sold182222.22%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 85342

The median list price of a home in Morristown, is $298,496. A total of 46 properties are for sale, and the percentage of properties for sale in the zip code is 46.00%. The total count of 85342 properties is 80.

Foreclosure
There is 1 cities within 85342; within this cities, the median estimated home value for homes in foreclosure ranges from $569,000 in morristown to the lowest value of $149,906 in morristown. Foreclosure homes account for 7.00% of properties in 85342 with morristown containing 6 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 85342 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 85342; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 85342 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 85342. There is 1 cities within 85342; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    morristown has 6 auction properties, the highest number of properties going to auction in a single city in the state of 85342. Auction homes and other auction properties account for 7.50% of all properties in 85342. There is 1 cities within 85342; of that cities, the median estimated home value for homes going to auction ranges from $569,000 in morristown to the lowest value of $149,906 in morristown.
Homes for Sale
Homes and properties that are actively listed for sale account for 57.50% of residential properties in 85342 with morristown containing 46 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 85342; homes for sale in that cities, have a range of median values from $1,149,900 in morristown to the lowest value of $131,721 in morristown.
    Sold Homes
    The median value for recently sold homes ranges from $899,062 in morristown to the lowest price of $206,140 in morristown. There is 1 cities within 85342. morristown has 22 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 27.50% of properties in 85342.

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      Guide for 85342

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.