Morrisdale, PA—16858
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Morrisdale, PA
As of Oct '25, the median home price in Morrisdale, PA is $144,000, with a year-over-year change of 1.4%. This indicates that home prices in Morrisdale, PA are increasing. According to Zillow, the 1-year price projection is -4.0%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $144,000 | 1.4% |
| Single Family | $144,000 | 2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Morrisdale, PA
Morrisdale, PA 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 — Morrisdale, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Morrisdale, PA is 27. This is a decrease of -20.0% 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 | $217,000 | 160.0% |
Listing Count | 8 | 60.0% |
| Listings as % of Homes | 0.2% | 60.0% |
Days on Market | 27 | -20.0% |
Demographics — Morrisdale, PA
As of the latest ACS Survey released in 2023, Morrisdale, PA has a population of 3,950, which has increased by 4.9% over the past 5 years. Morrisdale, PA is a moderately popular place for families, as children make up 18.8% of the population. The area has a poorly educated workforce, with 17.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,950 | 4.9% |
% Under 18 | 18.8% | -15.3% |
% Seniors | 26.2% | 56.9% |
% WFH | 8.8% | 95.6% |
% w/ College Degree | 17.3% | 84.0% |
As of the latest ACS Survey released in 2023, Morrisdale, PA is a predominantly white area, with 96.0% of the population identifying as white. The white population has shrunk by 2.5% in the last 5 years. The second most common race or ethnicity in Morrisdale, PA is hispanic, making up 1.2% of the population. Foreign-born residents account for 0.0% of the population in Morrisdale, PA, and this percentage has decreased by 100.0% 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 | 96.0% | -2.5% |
% Black | 0.0% | N/A |
% Hispanic | 1.2% | 300.0% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Morrisdale, PA
According to HUD data as of 2023, there were 134 mortgage originations in Morrisdale, PA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Morrisdale, PA. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 134 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Morrisdale, PA
Morrisdale, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% 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 | $730 |
| 2 Bedroom | N/A | N/A | $910 |
| 3 Bedroom | N/A | N/A | $1,250 |
| 4 Bedroom | N/A | N/A | $1,250 |
Affordability — Morrisdale, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $144,000 |
| Median Household Income | $57,300 |