Morristown 85342

Maricopa County, AZ · 1,141 properties · updated 7/26/2026

Should you buy here?buyer-timing lens

24affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden

46.7%

severe

Days on market

128

daily

Price cuts

24.4%

of active

Look up an address

/100

Weak

stable · balanced · prices rising year-over-year.

Price trend

Affordability

Economic health

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

Negotiate Hard

Needs 35.8% correction for affordability

DOM: 109d (rising) · Market Dynamics rolling median · hourly

Score Components

Payment Burden (25%)100

Valuation Gap (25%)80

Supply & Demand (20%)20

Buy vs Rent (15%)100

Days on Market (5%)100

Moderate buyer leverage in 85342. Room to negotiate 5-10% below list. Payment burden: 46.1% of median income. A 24% price correction needed to reach 30% affordability threshold. Median days on market: 109. Renting is approximately 443% cheaper than buying (price-to-rent ratio: 65.2). Market appears 17% overpriced vs. assessed values.

What to Offer

Offer 5-10% below list. You have room to negotiate.

Conditions resemble 2019 pre-pandemic levels — moderate overvaluation with slowing demand. Negotiation room exists.

STABLEBALANCED

Market is holding steady with balanced conditions. Conditions are balanced between buyers and sellers.

Turnover Index · Coming soonLotvox Turnover Index needs 30 recorded sales before a grade is published.

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Address lookup$99 report path

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<iframe src="https://lotvox.com/embed/zip/85342" width="100%" height="300" style="border:0;border-radius:12px;overflow:hidden;max-width:640px" loading="lazy" title="Morristown 85342 — Lotvox market card"></iframe>
<p style="font:12px system-ui;margin:4px 0 0"><a href="https://lotvox.com/phoenix/zip/85342?utm_source=embed&utm_medium=backlink">Morristown 85342 housing market data</a> by <a href="https://lotvox.com/">Lotvox</a></p>

Market snapshoteach number, once

Median price

$406,217

▴ 0.3% YoY

Days on market

128

daily · zip_data

Median rent

$525

ZORI

Investor score

24/100

cash-flow lens

Active listings

90-day

Valuation3 lenses, different anchors

vs assessor

—

Market vs assessed value — a tax-roll lag, not a deal signal.

Avg assessor$0

county CAMA · properties_v

vs income

—

Fair-value model not available for this market.

fair_value_scores · 10-state coverage

vs county comps

+70.4%

County-wide market — the widest, slowest signal.

Maricopa+70.4%

Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.

Pricing detail

Price / sqft$294

Price-to-income7.6×

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How 85342 ranks in AZ

percentile vs all Arizona ZIPs · n=398

Market velocity13%

Supply tightness64%

Affordability14%

Investment yield2%

Appreciation63%

Affordability, supply & momentum

53SUPPLY

Tight MarketSupply Tightness

Supply is below normal — sellers are favored but buyers still have options.

Months of Supply2.6 mo

Days on Market128d

Inv vs History-2.0%

Listing Density18.4/1k

Affordability — payment burden

Monthly payment (P&I)$2,099

Payment burden46.7%

Median income · ZIP$53,996

Mortgage rate6.71% · 30yr

Total monthly own$2,505

Monthly rent$525

Market dynamics

Price cut %24.4%

Momentumstable

LeverageBALANCED

Months of supply2.6

Sales (90d)0

Investment analysis

Median rent$525

Price-to-rent65.2

Est. cap rate1.0%

Buy vs rentfavors renting

Livability

Walk score—

Transit score—

Bike score—

Historical trends

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Price bandsmix-shift

Price Bands — the median behind the median

A single median rises whenever expensive homes become a bigger share of what sells, even if no tier got more expensive. These are the tiers underneath it, computed from recorded arms-length deed transactions in Yavapai.

Current tiers · 12 months to Aug 25floor 10 sales/tier

6 tiers had too few sales at every level and are left blank rather than estimated.

Tier	Median	$/sqft	Sales	Share	Source
Under $250k	—	—	—	—	fewer than 10 sales at zip, county and metro level
$250k–$500k	$327k	$277	18	62.1%	ZIP
$500k–$750k	—	—	—	—	fewer than 10 sales at zip, county and metro level
$750k–$1M	—	—	—	—	fewer than 10 sales at zip, county and metro level
$1M–$1.5M	—	—	—	—	fewer than 10 sales at zip, county and metro level
$1.5M–$2M	—	—	—	—	fewer than 10 sales at zip, county and metro level
$2M+	—	—	—	—	fewer than 10 sales at zip, county and metro level
All sales (the headline median)	$295k	$290	29	100%	ZIP

No mix-shift history for this area. no geography from this ZIP up to metro has 8+ quarters of 10+ recorded arms-length sales across at least 4 price tiers. Trends are drawn only from recorded transactions; the last-sale snapshot above cannot carry a time series, because a property that sold twice keeps only its latest sale — which drags the history upward through the tiers and would invent the very mix shift this section exists to test for.

National context — not local

NAR's aggregate existing-home median for the United States and the West census region. This is the figure the tiers above are a check on. It is national/regional and says nothing about 85342.

United States
West

Copyright, National Association of Realtors. Reprinted with permission. Retrieved from FRED, Federal Reserve Bank of St. Louis. FRED publishes a rolling 13-month window for these series.

Tiers computed from Lotvox parcel and deed substrate through Aug 25 (10 later months withheld as partially loaded). Sample floor 10 sales per tier; below it a figure is drawn from the county or metro and labelled, or left blank. Multi-parcel bulk deeds and duplicate records are excluded.

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Maricopa County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

ZIP 85342→Maricopa County, AZ

12-Month Direction

-7Stable

Confidence

100%

DeterioratingStableImproving

BuildersLens Market Intelligence

Market Score

41· Weak

Market Score grades housing-market conditions (affordability, valuation, supply). The county Healthy/Moderate/Distressed badge measures economic distress (jobs, debt, poverty) — the two can read differently.

Payment Burden45

33.2%

stretched

Source: Lotvox · Updated 2026-05-15

Buy vs Rent6

1.915x

rent advantage

Source: Lotvox · Updated 2026-05-15

Valuation11

+70.4%

overvalued

Source: Lotvox comps · Updated 2026-05-15