The Morrison Ranch housing market is somewhat competitive. The median sale price of a home in Morrison Ranch was $642K last month, down 2.7% since last year. The median sale price per square foot in Morrison Ranch is $298, up 9.2% since last year.
What is the housing market like in Morrison Ranch today?
In March 2024, Morrison Ranch home prices were down 2.7% compared to last year, selling for a median price of $642K. On average, homes in Morrison Ranch sell after 30 days on the market compared to 61 days last year. There were 42 homes sold in March this year, up from 33 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$641,995
-2.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Morrison Ranch, AZ
$641,995
-2.7%
United States
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How hot is the Morrison Ranch housing market?
Morrison Ranch is somewhat competitive. Homes sell in 31 days.
0
100
53
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 31 days.
Hot homes
can sell for around list price and go pending in around 12 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
8/10
Highland Park Elementary School
Public • PreK-6 • Choice school
881
Students
35 reviews
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Morrison Ranch housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Morrison Ranch.
Risk Factor
Flood Factor - Minor
55% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Morrison Ranch has a minor risk of flooding. 467 properties in Morrison Ranch are likely to be
severely affected
by flooding over the next 30 years. This represents 55% of all properties in Morrison Ranch. Flood risk is increasing slower than the national average.
25% of properties are at risk of wildfire over the next 30 years
Fire Factor
Morrison Ranch has a moderate risk of wildfire. There are 1,018 properties in Morrison Ranch that have some risk of being affected by wildfire over the next 30 years. This represents 25% of all properties in Morrison Ranch.
Morrison Ranch has minimal risk of severe winds over the next 30 years
Wind Factor
Morrison Ranch has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.