Morristown, AZ Home Values & Market Trends

Real estate market trends reflect that there have been 112 transactions over the past year in Morristown. The median value for residential home transactions that occurred over the previous year is $368,099. The number of current listings in Morristown is 4, and the percentage of properties for sale in the city is 100.00%. Morristown, AZ currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 4 properties for sale.

Housing Market Summary for Morristown, AZ

Apr 2022April 2023Change
Median Listing Price$749K$383.2K-48.84%
Median Sold Price$312.3K$383.2K22.72%
Homes For Sale12100.00%
Homes Sold6232-48.39%
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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 Morristown, AZ

Morristown home values range from $46,754 to $3,892,850. The median estimated value of a home in Morristown is $368,099. The median list price of a home is 416,950, and the total count of properties in the city is 799.

Foreclosure
There is 1 zips within Morristown, AZ; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in 85342 to the lowest value of $0 in 85342. Foreclosure homes account for 0.00% of properties in Morristown, AZ with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Morristown, AZ with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Morristown, AZ; of that zips, 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 Morristown, AZ 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 Morristown, AZ. There is 1 zips within Morristown, AZ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Morristown, AZ. Auction homes and other auction properties account for 0% of all properties in Morristown, AZ. There is 1 zips within Morristown, AZ; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.50% of residential properties in Morristown, AZ with 85342 containing 4 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Morristown, AZ; homes for sale in that zips, have a range of median values from $550,839 in 85342 to the lowest value of $472,300 in 85342.
    Sold Homes
    The median value for recently sold homes ranges from $969,000 in 85342 to the lowest price of $123,682 in 85342. There is 1 zips within Morristown, AZ. 85342 has 36 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 4.51% of properties in Morristown, AZ.

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