Morristown, AZ, Real Estate

Morristown, Arizona, is a small, unincorporated community and census-designated place (CDP) located in Maricopa County, roughly 43 miles northwest of Phoenix at the junction of State Route 74 and U.S. Route 60. As of the 2020 census, it had a diminishing population, with counts dropping from 227 in 2010 to 186. The area is known for its rural-suburban mix, offering residents privacy and ample land, with most homes sitting on at least half an acre. Morristown is home to the Morristown Elementary School District and features the historic Morristown Store, once the Morristown Hotel, which is listed on the National Register of Historic Places.

Morristown currently has 21 single family homes for sale with an average list price of $690,004.71 and 62 lots for sale with an average list price of $364,397.16. The average annual property tax for Morristown is $1,002.74.

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Absorption Report

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Morristown, i.e. what's hot and what's not.

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Recent Sales

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Subdivisions

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Circle City

Circle City is a single-family home community in Morristown, Arizona, built between 1958 and 2023. It currently has 8 single family homes for sale with an average list price of $293,862.38 and 4 lots for sale with an average list price of $54,325. The homes range in size from 800 ft2 to 1,616 ft2. The HOA fees range from $3 to $3 per month. The average annual property tax for Circle City is $245.86. It is located in Maricopa County. ... Read more
Median Price: $269,500

Subdivisions

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Market Trends

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Real Estate News

Homes Just Sold in Morristown: November 25th to December 1st

Homes Just Sold in Morristown: November 25th to December 1st - December 2, 2025

Morristown had 2 sales during the week of Tuesday, November 25 to Monday, December 1, including including 1 single family home for sale with a list price of $679,000 and ... continue reading
Homes Just Sold in Morristown: November 18th to November 24th

Homes Just Sold in Morristown: November 18th to November 24th - November 25, 2025

Morristown had only 1 sale during the week of Tuesday, November 18 to Monday, November 24, including and it was a lot for sale with a list price of $70,000. $70,000 xx1 ... continue reading
New Homes For Sale This Week in Morristown: November 14th to November 20th

New Homes For Sale This Week in Morristown: November 14th to November 20th - November 21, 2025

Morristown had 4 new homes for sale during the week of Friday, November 14 to Thursday, November 20, including including 2 single family homes for sale with an average list ... continue reading
Homes Just Sold in Morristown: November 11th to November 17th

Homes Just Sold in Morristown: November 11th to November 17th - November 18, 2025

Morristown had 4 sales during the week of Tuesday, November 11 to Monday, November 17, including including 1 single family home for sale with a list price of $2,850,000 and ... continue reading
New Homes For Sale This Week in Morristown: November 7th to November 13th

New Homes For Sale This Week in Morristown: November 7th to November 13th - November 14, 2025

Morristown had 3 new homes for sale during the week of Friday, November 7 to Thursday, November 13, including including 2 single family homes for sale with an average list ... continue reading
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