Morrisonville, NY—12962
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Morrisonville, NY
As of Oct '25, the median home price in Morrisonville, NY is $255,000, with a year-over-year change of 3.4%. This indicates that home prices in Morrisonville, NY are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $255,000 | 3.4% |
| Single Family | $255,000 | 3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $180,000 | 1.7% |
3 Bed | $255,000 | 3.2% |
4 Bed | $318,000 | 3.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Morrisonville, NY
Morrisonville, NY 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 |
% of Rental Stock
Property Listings — Morrisonville, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Morrisonville, NY is 87. This is a increase of 71.0% 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 9.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $280,000 | 14.0% |
Listing Count | 22 | 55.0% |
| Listings as % of Homes | 0.2% | 55.0% |
Days on Market | 87 | 71.0% |
Demographics — Morrisonville, NY
As of the latest ACS Survey released in 2023, Morrisonville, NY has a population of 5,130, which has decreased by -12.0% over the past 5 years. Morrisonville, NY is a moderately popular place for families, as children make up 24.3% of the population. The area has a poorly educated workforce, with 24.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,130 | -12.0% |
% Under 18 | 24.3% | 32.8% |
% Seniors | 23.8% | 28.0% |
% WFH | 5.3% | 39.5% |
% w/ College Degree | 24.2% | -10.7% |
As of the latest ACS Survey released in 2023, Morrisonville, NY is a predominantly white area, with 97.6% of the population identifying as white. The white population has grown by 2.2% in the last 5 years. The second most common race or ethnicity in Morrisonville, NY is asian, making up 0.8% of the population. Foreign-born residents account for 1.2% of the population in Morrisonville, NY, and this percentage has decreased by 74.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 97.6% | 2.2% |
% Black | 0.3% | -50.0% |
% Hispanic | 0.1% | -90.0% |
% Asian | 0.8% | -55.6% |
% Foreign Born | 1.2% | -74.5% |
Mortgage and Risk — Morrisonville, NY
According to HUD data as of 2023, there were 83 mortgage originations in Morrisonville, NY, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Morrisonville, NY. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 83 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Morrisonville, NY
Morrisonville, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 32 |
Total Units Section 8 | 8 |
% 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 | $1,050 |
| 2 Bedroom | N/A | N/A | $1,320 |
| 3 Bedroom | N/A | N/A | $1,590 |
| 4 Bedroom | N/A | N/A | $1,750 |
Affordability — Morrisonville, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $255,000 |
| Median Household Income | $67,500 |