Home prices
The median home in Morristown is valued at $175,000. In comparison to its nearby areas it is roughly $47,080 (21%) lower.In comparison to the entire nation it is roughly $42,500 (19%) lower, and is about $60,400 (25%) lower in comparison to the city of Phoenix.
Rents
Morristown's median monthly rent is $332. This is roughly $806 (70%) lower compared to its surrounding areas.In comparison to the nation as a whole it is about $730 (68%) lower, and is approximately $721 (68%) lower in comparison to the city of Phoenix.
Nearby places
Wickenburg
Wickenburg is about 12 miles northwest from Morristown. Housing prices there are a little more expensive. The median home in Wickenburg costs $224,100, which works out to $49,100 (21%) higher than Morristown. The rent there is significantly more expensive. In Wickenburg the median rent is $606 per month, which is $274 (45%) higher than Morristown.
Surprise
Surprise is approximately 15 miles southeast from Morristown. The real estate prices there are a bit more expensive. Surprise's median home price is $239,500, which works out to $64,500 (26%) higher than Morristown. Rents there are a lot more expensive. In Surprise the median rent is $1,349 a month, which comes out to $1,017 (75%) higher than Morristown.
Peoria
Peoria is about 16 miles east from Morristown. Real estate prices there are significantly more expensive. The median home in Peoria costs $264,500, which comes out to $89,500 (33%) higher than Morristown. Its rents are significantly more expensive. Peoria's median monthly rent is $1,255, which is $923 (73%) higher than Morristown.
Sun City West
Sun City West is about 18 miles southeast from Morristown. Its real estate prices are somewhat more expensive. The price of the median home in Sun City West is $221,500, which is $46,500 (20%) higher than Morristown. Rents there are significantly more expensive. In Sun City West the median monthly rent is $1,250, which is $918 (73%) higher than Morristown.
El Mirage
El Mirage is approximately 24 miles southeast from Morristown. The real estate prices there are a little less expensive. El Mirage's median home cost is $160,800, which works out to $14,200 (8%) lower than Morristown. Rent there is substantially more expensive. El Mirage's median rent is $1,228 a month, which works out to $896 (72%) higher than Morristown.
