Mormon Lake, Coconino County, AZ

Median Home Price Price

$380,018 $380K

Median Monthly Rent Rent

$1,270 $1.3K

25.0x

Market Snapshot

Mormon Lake, Coconino County, AZ is a city market with a median home price of $380,018, a median monthly rent of $1,270, a GRM of 25.0x, and a price-to-rent ratio of 24.9.

More markets to explore

Top recommendation Nearby alternative Similar GRM Premium price Higher rent
High confidence
Price $431.5K
Rent $1.4K
GRM 25.0x
Explore the data
Region Show
Williams
$431K $1.4K 25.0x
$583K $1.3K 39.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
$262K $1.2K 17.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Mormon Lake

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Benchmark comparison

Rent in Mormon Lake, AZ is 10.2% lower than Williams, AZ.

Mormon Lake, AZ
Williams, AZ
Delta
Median rent
$1,270
$1,415
+$145
Median price
$380,018
$431,486
+$51,468
YoY change
+$97
+$70
-$27
Price-to-rent
24.9x
25.4x
+0.5x

Key takeaways

  • Mormon Lake, Coconino County, AZ has a higher-grm screening profile: At 25.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $97 year over year.
  • Rent in Mormon Lake, AZ is 10.2% lower than Williams, AZ.