Morriston, FL—32668
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Morriston, FL
As of Oct '25, the median home price in Morriston, FL is $454,000, with a year-over-year change of -2.7%. This indicates that home prices in Morriston, FL are decreasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $454,000 | -2.7% |
| Single Family | $455,000 | -2.8% |
| 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 | $479,000 | -0.8% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Morriston, FL
As of July '25, Rentcast reports the average rent in Morriston, FL is $800, with a year-over-year rent change of -68.6%. Per bedroom, the median rent as of July '25 in Morriston, FL is 1-bedrooms: $800. The most common rental property sizes in Morriston, FL are 3-bedroom and 2-bedroom, accounting for 71.5% and 16.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $800 | $800 |
| 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 — Morriston, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Morriston, FL is 103. This is a increase of 40.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $843,000 | 32.0% |
Listing Count | 30 | 82.0% |
| Listings as % of Homes | 0.5% | 82.0% |
Days on Market | 103 | 40.0% |
Demographics — Morriston, FL
As of the latest ACS Survey released in 2023, Morriston, FL has a population of 5,330, which has increased by 13.3% over the past 5 years. Morriston, FL is a moderately popular place for families, as children make up 20.9% of the population. The area has a poorly educated workforce, with 14.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,330 | 13.3% |
% Under 18 | 20.9% | 50.4% |
% Seniors | 28.5% | -4.4% |
% WFH | 8.0% | -23.1% |
% w/ College Degree | 14.9% | 21.1% |
As of the latest ACS Survey released in 2023, Morriston, FL is a predominantly white area, with 87.5% of the population identifying as white. The white population has grown by 3.1% in the last 5 years. The second most common race or ethnicity in Morriston, FL is hispanic, making up 8.0% of the population. Foreign-born residents account for 6.1% of the population in Morriston, FL, and this percentage has decreased by 27.4% 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 | 87.5% | 3.1% |
% Black | 1.3% | 160.0% |
% Hispanic | 8.0% | -38.5% |
% Asian | 0.4% | ∞% |
% Foreign Born | 6.1% | -27.4% |
Mortgage and Risk — Morriston, FL
According to HUD data as of 2023, there were 64 mortgage originations in Morriston, FL, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Morriston, FL. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 64 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Morriston, FL
Morriston, FL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% 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 | $140 | $800 | $940 |
| 2 Bedroom | N/A | N/A | $1,140 |
| 3 Bedroom | N/A | N/A | $1,460 |
| 4 Bedroom | N/A | N/A | $1,600 |
Affordability — Morriston, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7.3 |
| Median Home Price | $454,000 |
| Median Household Income | $55,000 |