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Foreclosure Homes in Morristown, AZ

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Morristown, AZ Foreclosures

How much do homes sell for in Morristown, AZ?
The average home price is currently $446,338.
In Morristown, AZ, how many homes are available?
There are currently 5 active home listings available in Morristown.
What’s the average rental cost in Morristown, AZ?
The average rental price in Morristown is $1,326.
What is the most expensive home in Morristown?
The most expensive home sold in Morristown had a price of $3,567,693.
What is currently the cheapest priced home in Morristown, AZ?
The cheapest home for sale in Morristown is priced at $67,890.

Living in Morristown, AZ

Morristown, AZ is a peaceful desert community known for its beautiful landscapes and tight-knit atmosphere. Residents enjoy outdoor activities and a slower pace of life away from urban hustle. With local amenities and connections to nature, it offers a comfortable lifestyle for families and individuals alike.

Current Market Conditions in Morristown, AZ

The real estate market in Morristown is currently stable with a mix of affordable and mid-range homes available. Demand for properties has been rising, driven by buyers looking for a tranquil retreat amidst nature. As more individuals seek remote work settings or vacation homes, Morristown has become an attractive option due to its scenic beauty and quiet lifestyle.

Over the past few months, we have seen a slight increase in home prices, reflecting the growing interest in the area. However, Morristown still offers reasonable prices compared to more metropolitan locations.

Home Value Estimator For Morristown, AZ

There are currently 572 real estate properties in Morristown, AZ, with a median automated valuation model (AVM) price of $327,600.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Morristown, AZ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Morristown, AZ, is $446,338.00, with the most expensive house in Morristown, AZ, topping out at $3,567,693.00 and the cheapest home in Morristown, AZ, clocking in at $67,890.00. In other words, there’s something for every potential homebuyer or savvy investor in Morristown, AZ!

Rent Prices In Morristown, AZ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Morristown, AZ, is on a rollercoaster ride. The average rent price in Morristown, AZ, is $1,326.00. Indeed, when looking to rent in Morristown, AZ, you can expect to pay as little as $590.00 or as much as $3,580.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Morristown, AZ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Morristown, AZ Foreclosures


Market Trend for Morristown, AZ

Total Listings Available: 5

Market Values:

Home Prices from $67,890 to $3,567,693

Average Sales Price: $446,338

Rental Values:

Rental from $590 to $3,580

Average Rent Value: $1,326 / month

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