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
Key Takeaway
The list price of homes in Morristown has increased by 83.3% since last year.
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.
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.