Housing Prices in Morristown, AZ
How much do homes in Morristown, AZ cost?
Median List Price
$493,950
$269/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Summary: The median home list price in Morristown was $493,950 in March 2024, up 83.3% from the previous year, and the median price per square foot was $269.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $299.3K | N/A |
2 Bedrooms | $249K | $412.5K | +65.7% |
3 Bedrooms | $269K | $565K | +110.0% |
4 Bedrooms | $269.9K | $653.9K | +142.2% |
5+ Bedrooms | $554K | $652K | +17.7% |
Summary: Morristown housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 65.7%, 3 bedroom homes increased by 110%, 4 bedroom homes increased by 142.2%, and 5+ bedroom homes increased by 17.7%.
Median List Price Compared To Nearby Cities
Morristown | $269.4K | $493.9K | +83.3% |
Deer Valley | $617.5K | $648.8K | +5.1% |
Crown King | $300K | $305K | +1.7% |
New River | $649K | $656K | +1.1% |
Surprise | $449.9K | $443.1K | -1.5% |
Housing Supply in Morristown, AZ
How many homes are available in Morristown, AZ?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 11 | -8.3% |
Summary: The Morristown real estate market had 11 homes for sale in March 2024, a 8.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 7 | 6 | -14.3% |
4 Bedrooms | 1 | 0 | -100.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Morristown housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 100%.
Days on Market for Morristown, AZ
How long does it take to sell a home in Morristown, AZ?
Average Listing Age
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
95 Days | 73 Days | -22.9% |
Summary: Homes in Morristown had an average listing age of 73 days in Mar 2024, down by 22.9% compared to the previous year.