Morrisville, NJ 08608 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Morrisville, NJ—08608

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$524,000

N/A

Household Income

N/A

Days on Market

123

35.0% Longer YoY

Home Price Forecast

N/A

Median Rent

$1,500

22.5% YoY Growth

1-Bed Rent

$1,500

14.9% YoY Growth

2-Bed Rent

$1,500

10.0% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Morrisville, NJ

Morrisville, NJ lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	N/A	N/A
Single Family	N/A	N/A
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Morrisville, NJ

As of July '25, Rentcast reports the average rent in Morrisville, NJ is $1,450, with a year-over-year rent change of -22.5%. Per bedroom, the median rent as of July '25 in Morrisville, NJ is studios: $1,180, 1-bedrooms: $1,490, 2-bedrooms: $1,620. The most common rental property sizes in Morrisville, NJ are 1-bedroom and 2-bedroom, accounting for 44.4% and 25.1% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,500	$1,450
Studio Rent	$1,080	$1,180
1 Bed Rent	$1,500	$1,490
2 Bed Rent	$1,500	$1,620
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

22.8%

1 Bedroom

44.4%

2 Bedrooms

25.1%

3 Bedrooms

7.7%

Property Listings — Morrisville, NJ

As of Dec '25, Realtor.com reports that the median days on market for a home in Morrisville, NJ is 125. This is a increase of 99.0% 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	$524,000	69.0%
Listing Count	1	0.0%
Listings as % of Homes	N/A	0.0%
Days on Market	123	35.0%

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Demographics — Morrisville, NJ

As of the latest ACS Survey released in 2023, Morrisville, NJ has a population of 1,120, which has increased by 25.2% over the past 5 years. Morrisville, NJ is a moderately popular place for families, as children make up 24.3% of the population. The area has a poorly educated workforce, with 24.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 28.3% reporting working from home.

Metric	Latest Census	YoY % Change
Population	1,120	25.2%
% Under 18	24.3%	125.0%
% Seniors	14.0%	-18.1%
% WFH	28.3%	∞%
% w/ College Degree	24.9%	255.7%

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As of the latest ACS Survey released in 2023, Morrisville, NJ is a predominantly black area, with 57.1% of the population identifying as black. The black population has shrunk by 29.0% in the last 5 years. The second most common race or ethnicity in Morrisville, NJ is hispanic, making up 31.5% of the population. Foreign-born residents account for 26.8% of the population in Morrisville, NJ, and this percentage has increased by 495.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	5.3%	-55.5%
% Black	57.1%	-29.0%
% Hispanic	31.5%	320.0%
% Asian	0.1%	0.0%
% Foreign Born	26.8%	495.6%

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Mortgage and Risk — Morrisville, NJ

Morrisville, NJ 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

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Rentals and Section 8 — Morrisville, NJ

Morrisville, NJ lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	279
Total Units Section 8	279
% Rentals under Section 8	N/A
% Occupied Section 8	98.6%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$100	$1,500	$1,400
2 Bedroom	$300	$1,500	$1,800
3 Bedroom	N/A	N/A	$2,180
4 Bedroom	N/A	N/A	$2,400

Morrisville, NJ—08608

Key Metrics at a Glance

Home Price Trends — Morrisville, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Morrisville, NJ

% of Rental Stock

Property Listings — Morrisville, NJ

Demographics — Morrisville, NJ

Race and Ethnicity

Mortgage and Risk — Morrisville, NJ

Mortgages

Rentals and Section 8 — Morrisville, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Morrisville, NJ

Home Price to Income Ratio

Morrisville, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Trenton, NJ

Trenton, NJ

Trenton, NJ

Ewing, NJ

Trenton, NJ

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	N/A
Median Home Price	N/A
Median Household Income	N/A

Morrisville, NJ—08608

Key Metrics at a Glance

Home Price Trends — Morrisville, NJ

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Morrisville, NJ

% of Rental Stock

Property Listings — Morrisville, NJ

Demographics — Morrisville, NJ

Race and Ethnicity

Mortgage and Risk — Morrisville, NJ

Mortgages

Rentals and Section 8 — Morrisville, NJ

Section 8 Market Size

Section 8 Opportunity

Affordability — Morrisville, NJ

Home Price to Income Ratio

Morrisville, NJ — ZIP Code Boundary Map

Nearby ZIP Codes

Trenton, NJ

Trenton, NJ

Trenton, NJ

Ewing, NJ

Trenton, NJ

Frequently Asked Questions

What is the average home price in Morrisville, NJ 08608?

How have home prices in Morrisville, NJ 08608 changed over the past year?

What is the home price projection for Morrisville, NJ 08608?

What are the demographics of Morrisville, NJ 08608?

How long does it take homes to sell in Morrisville, NJ 08608?

What is the average rent price in Morrisville, NJ 08608?