Mormon Lake, AZ—86038
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mormon Lake, AZ
As of Nov '25, the median home price in Mormon Lake, AZ is $372,000, with a year-over-year change of 2.3%. This indicates that home prices in Mormon Lake, AZ are increasing. According to Zillow, the 1-year price projection is 2.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $372,000 | 2.3% |
| Single Family | $371,000 | 2.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mormon Lake, AZ
Mormon Lake, AZ lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
No data available
Property Listings — Mormon Lake, AZ
As of Nov '25, Realtor.com reports that the median days on market for a home in Mormon Lake, AZ is 117. This is a increase of 42.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $450,000 | 6.0% |
Listing Count | 7 | 62.0% |
| Listings as % of Homes | 0.9% | 62.0% |
Days on Market | 117 | 42.0% |
Demographics — Mormon Lake, AZ
As of the latest ACS Survey released in 2023, Mormon Lake, AZ has a population of 210, which has increased by 707.7% over the past 5 years. Mormon Lake, AZ is a popular place for families, as children make up 44.3% of the population. The area has a poorly educated workforce, with 12.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 210 | 707.7% |
% Under 18 | 44.3% | ∞% |
% Seniors | 16.7% | -51.7% |
% WFH | 0.0% | N/A |
% w/ College Degree | 12.8% | -63.0% |
Mormon Lake, AZ lacks sufficient race and ethnicity data for analysis.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 100.0% | 0.0% |
% Black | 0.0% | N/A |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | N/A |
% Foreign Born | 0.0% | N/A |
Mortgage and Risk — Mormon Lake, AZ
Mormon Lake, AZ lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Rentals and Section 8 — Mormon Lake, AZ
Mormon Lake, AZ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,800 |
| 2 Bedroom | N/A | N/A | $2,170 |
| 3 Bedroom | N/A | N/A | $2,620 |
| 4 Bedroom | N/A | N/A | $3,070 |
Affordability — Mormon Lake, AZ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.8 |
| Median Home Price | $372,000 |
| Median Household Income | $43,900 |