Mormon Lake, AZ
Housing market overview · Updated weekly
$785,000median sale price
Homes sold
1
Last 12 weeks
Days on market
93
Average pace
Active listings
5
5.0 months supply
Sale-to-list
92.5%
Below asking
The Mormon Lake housing market is currently classified as a buyer's market with a median sale price of $785,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 93 days on market, indicating 5.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Mormon Lake
There are currently 5 homes listed for sale in Mormon Lake, Arizona. The median listing price is $850K.
Active listings
5
Homes on market
Median list price
$850K
Avg. days on market
93
Days until sale
New this week
1
Newly listed
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Frequently asked questions
What is the average home price in Mormon Lake?
The median home sale price in Mormon Lake is $785,000, down 0.0% from last year.
How long do homes stay on market in Mormon Lake?
Homes typically spend 93 days on market before going under contract.
Is Mormon Lake a buyer's or seller's market?
With 5.0 months of supply, Mormon Lake is currently a buyer's market.
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