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Morrisonville, NY—12962

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$262,000
4.0% YoY Growth
Household Income
$67,500
10.3% YoY Growth
Days on Market
106
169.0% Longer YoY
Home Price Forecast
2.1%
Median 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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Morrisonville, NY

As of May '26, the median home price in Morrisonville, NY is $262,000, with a year-over-year change of 4.0%. This indicates that home prices in Morrisonville, NY are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$262,0004.0%
Single Family $262,0004.4%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$183,0002.2%
    3 Bed
    		$262,0004.0%
    4 Bed
    		$327,0004.1%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    3.6%
    1 Bedroom
    8.2%
    2 Bedrooms
    26.5%
    3 Bedrooms
    46.3%
    4 Bedrooms
    13.5%
    5+ Bedrooms
    1.9%

    Rental Trends — Morrisonville, NY

    Morrisonville, NY lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    48.2%
    2 Bedrooms
    39.8%
    4 Bedrooms
    12.0%

    Property Listings — Morrisonville, NY

    As of May '26, Realtor.com reports that the median days on market for a home in Morrisonville, NY is 106. This is a increase of 169.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$325,00023.0%
    Listing Count
    		1537.0%
    Listings as % of Homes0.2%37.0%
    Days on Market
    		106169.0%
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    Demographics — Morrisonville, NY

    As of the latest ACS Survey released in 2023, Morrisonville, NY has a population of 5,130, which has decreased by -12.0% over the past 5 years. Morrisonville, NY is a moderately popular place for families, as children make up 24.3% of the population. The area has a poorly educated workforce, with 24.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.3% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		5,130-12.0%
    % Under 18
    		24.3%32.8%
    % Seniors
    		23.8%28.0%
    % WFH
    		5.3%39.5%
    % w/ College Degree
    		24.2%-10.7%
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    As of the latest ACS Survey released in 2023, Morrisonville, NY is a predominantly white area, with 97.6% of the population identifying as white. The white population has grown by 2.2% in the last 5 years. The second most common race or ethnicity in Morrisonville, NY is asian, making up 0.8% of the population. Foreign-born residents account for 1.2% of the population in Morrisonville, NY, and this percentage has decreased by 74.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		97.6%2.2%
    % Black
    		0.3%-50.0%
    % Hispanic
    		0.1%-90.0%
    % Asian
    		0.8%-55.6%
    % Foreign Born
    		1.2%-74.5%
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    Mortgage and Risk — Morrisonville, NY

    According to HUD data as of 2023, there were 83 mortgage originations in Morrisonville, NY, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Morrisonville, NY. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		83
    % Conventional Loans
    		80.0%
    % Government Loans
    		20.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		7.0%
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    Rentals and Section 8 — Morrisonville, NY

    Morrisonville, NY lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		32
    Total Units Section 8
    		8
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,050
    2 BedroomN/AN/A$1,320
    3 BedroomN/AN/A$1,590
    4 BedroomN/AN/A$1,750

    Affordability — Morrisonville, NY

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.2
    Median Home Price$262,000
    Median Household Income$67,500

    Morrisonville, NY — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Cadyville, NY

    12918

    Dannemora

    12929

    Plattsburgh, NY

    12901

    West Chazy, NY

    12992

    Plattsburgh, NY

    12903

    Frequently Asked Questions