Mount Morris, NY—14510
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mount Morris, NY
As of Oct '25, the median home price in Mount Morris, NY is $156,000, with a year-over-year change of 3.7%. This indicates that home prices in Mount Morris, NY 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 | $156,000 | 3.7% |
| Single Family | $156,000 | 3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $132,000 | 3.1% |
3 Bed | $160,000 | 3.9% |
4 Bed | $172,000 | 3.0% |
| 5 Bed | $190,000 | -0.5% |
% of Housing Stock
Rental Trends — Mount Morris, NY
As of July '25, Rentcast reports the average rent in Mount Morris, NY is $1,400, with a year-over-year rent change of 100.0%. Per bedroom, the median rent as of July '25 in Mount Morris, NY is 3-bedrooms: $1,400. The most common rental property sizes in Mount Morris, NY are 1-bedroom and 3-bedroom, accounting for 45.1% and 35.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,400 | $1,400 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mount Morris, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Mount Morris, NY is 27. This is a decrease of -38.0% from last year, suggesting that homes are sitting on the market shorter 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 | $159,000 | -7.0% |
Listing Count | 12 | -23.0% |
| Listings as % of Homes | 0.2% | -23.0% |
Days on Market | 27 | -38.0% |
Demographics — Mount Morris, NY
As of the latest ACS Survey released in 2023, Mount Morris, NY has a population of 4,780, which has remained stable by 0.2% over the past 5 years. Mount Morris, NY is a moderately popular place for families, as children make up 20.8% of the population. The area has a poorly educated workforce, with 22.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,780 | 0.2% |
% Under 18 | 20.8% | -11.5% |
% Seniors | 21.3% | 4.9% |
% WFH | 6.8% | 300.0% |
% w/ College Degree | 22.2% | 13.8% |
As of the latest ACS Survey released in 2023, Mount Morris, NY is a predominantly white area, with 89.1% of the population identifying as white. The white population has grown by 10.0% in the last 5 years. The second most common race or ethnicity in Mount Morris, NY is hispanic, making up 5.7% of the population. Foreign-born residents account for 0.9% of the population in Mount Morris, NY, and this percentage has decreased by 50.0% 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 | 89.1% | 10.0% |
% Black | 0.9% | -83.0% |
% Hispanic | 5.7% | -58.4% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.9% | -50.0% |
Mortgage and Risk — Mount Morris, NY
According to HUD data as of 2023, there were 117 mortgage originations in Mount Morris, NY, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Mount Morris, NY. Investor activity is low, as 0.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 117 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 0.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Mount Morris, NY
Mount Morris, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 54 |
Total Units Section 8 | 54 |
% Rentals under Section 8 | 13.7% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $970 |
| 2 Bedroom | N/A | N/A | $1,200 |
| 3 Bedroom | $50 | $1,400 | $1,450 |
| 4 Bedroom | N/A | N/A | $1,590 |
Affordability — Mount Morris, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $156,000 |
| Median Household Income | $61,100 |