Morrisville, NY—13408
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Morrisville, NY
As of Oct '25, the median home price in Morrisville, NY is $227,000, with a year-over-year change of 3.7%. This indicates that home prices in Morrisville, NY are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $227,000 | 3.7% |
| Single Family | $227,000 | 3.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $199,000 | 3.6% |
3 Bed | $230,000 | 2.7% |
4 Bed | $248,000 | 3.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Morrisville, NY
Morrisville, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,300 |
| 2 Bed Rent | $1,500 | $1,500 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Morrisville, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Morrisville, NY is 81. This is a increase of 56.0% 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 | $227,000 | -25.0% |
Listing Count | 9 | 12.0% |
| Listings as % of Homes | 0.3% | 12.0% |
Days on Market | 81 | 56.0% |
Demographics — Morrisville, NY
As of the latest ACS Survey released in 2023, Morrisville, NY has a population of 3,420, which has decreased by -9.4% over the past 5 years. Morrisville, NY is a moderately popular place for families, as children make up 17.3% of the population. The area has a poorly educated workforce, with 19.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,420 | -9.4% |
% Under 18 | 17.3% | 82.1% |
% Seniors | 10.9% | -25.9% |
% WFH | 16.3% | 239.6% |
% w/ College Degree | 19.6% | 5.9% |
As of the latest ACS Survey released in 2023, Morrisville, NY is a predominantly white area, with 81.1% of the population identifying as white. The white population has shrunk by 2.1% in the last 5 years. The second most common race or ethnicity in Morrisville, NY is asian, making up 6.6% of the population. Foreign-born residents account for 5.3% of the population in Morrisville, NY, and this percentage has increased by 47.2% 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 | 81.1% | -2.1% |
% Black | 5.0% | -41.9% |
% Hispanic | 4.8% | -2.0% |
% Asian | 6.6% | 164.0% |
% Foreign Born | 5.3% | 47.2% |
Mortgage and Risk — Morrisville, NY
According to HUD data as of 2023, there were 51 mortgage originations in Morrisville, NY, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Morrisville, NY. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 51 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 0.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Morrisville, NY
Morrisville, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 6 |
Total Units Section 8 | 6 |
% Rentals under Section 8 | 3.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$380 | $1,300 | $920 |
| 2 Bedroom | -$370 | $1,500 | $1,130 |
| 3 Bedroom | N/A | N/A | $1,380 |
| 4 Bedroom | N/A | N/A | $1,560 |
Affordability — Morrisville, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $227,000 |
| Median Household Income | $64,800 |