Morris, AL—35116
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Morris, AL
As of Oct '25, the median home price in Morris, AL is $252,000, with a year-over-year change of 1.9%. This indicates that home prices in Morris, AL are increasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $252,000 | 2.0% |
| Single Family | $253,000 | 2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $129,000 | 1.6% |
3 Bed | $251,000 | 2.4% |
4 Bed | $361,000 | 2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Morris, AL
As of July '25, Rentcast reports the average rent in Morris, AL is $1,740, with a year-over-year rent change of 20.8%. Per bedroom, the median rent as of July '25 in Morris, AL is 3-bedrooms: $1,940, 4-bedrooms: $1,350. The most common rental property sizes in Morris, AL are 2-bedroom and 3-bedroom, accounting for 52.1% and 33.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,740 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,800 | $1,940 |
| 4 Bed Rent | $1,350 | $1,350 |
% of Rental Stock
Property Listings — Morris, AL
As of Oct '25, Realtor.com reports that the median days on market for a home in Morris, AL is 107. This is a increase of 52.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $342,000 | 40.0% |
Listing Count | 43 | 21.0% |
| Listings as % of Homes | 2.0% | 21.0% |
Days on Market | 107 | 52.0% |
Demographics — Morris, AL
As of the latest ACS Survey released in 2023, Morris, AL has a population of 4,910, which has increased by 12.4% over the past 5 years. Morris, AL is a popular place for families, as children make up 26.2% of the population. The area has a moderately educated workforce, with 31.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,910 | 12.4% |
% Under 18 | 26.2% | 21.9% |
% Seniors | 15.8% | -9.2% |
% WFH | 5.7% | 375.0% |
% w/ College Degree | 31.6% | 52.7% |
As of the latest ACS Survey released in 2023, Morris, AL is a predominantly white area, with 92.7% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Morris, AL is black, making up 3.0% of the population. Foreign-born residents account for 0.3% of the population in Morris, AL, and this percentage has decreased by 90.6% 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 | 92.7% | -0.4% |
% Black | 3.0% | 3.4% |
% Hispanic | 1.5% | -21.1% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.3% | -90.6% |
Mortgage and Risk — Morris, AL
According to HUD data as of 2023, there were 170 mortgage originations in Morris, AL, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Morris, AL. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 170 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Morris, AL
Morris, AL 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 | 0.7% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,090 |
| 2 Bedroom | N/A | N/A | $1,210 |
| 3 Bedroom | -$290 | $1,800 | $1,510 |
| 4 Bedroom | $360 | $1,350 | $1,710 |
Affordability — Morris, AL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $252,000 |
| Median Household Income | $99,000 |