Morris, NY—13808
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Morris, NY
As of Oct '25, the median home price in Morris, NY is $178,000, with a year-over-year change of -1.4%. This indicates that home prices in Morris, NY are decreasing. 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 | $178,000 | -1.4% |
| Single Family | $178,000 | -1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $143,000 | -2.7% |
3 Bed | $182,000 | -2.7% |
4 Bed | $211,000 | -1.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Morris, NY
Morris, NY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $800 | $800 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $800 | $800 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Morris, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Morris, NY is 116. This is a increase of 68.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $249,000 | -12.0% |
Listing Count | 8 | -36.0% |
| Listings as % of Homes | 1.5% | -36.0% |
Days on Market | 116 | 68.0% |
Demographics — Morris, NY
As of the latest ACS Survey released in 2023, Morris, NY has a population of 1,490, which has decreased by -3.1% over the past 5 years. Morris, NY is a moderately popular place for families, as children make up 21.8% of the population. The area has a moderately educated workforce, with 37.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,490 | -3.1% |
% Under 18 | 21.8% | 16.0% |
% Seniors | 20.9% | 9.4% |
% WFH | 19.9% | 201.5% |
% w/ College Degree | 37.1% | 40.0% |
As of the latest ACS Survey released in 2023, Morris, NY is a predominantly white area, with 95.6% of the population identifying as white. The white population has grown by 1.4% in the last 5 years. The second most common race or ethnicity in Morris, NY is hispanic, making up 2.6% of the population. Foreign-born residents account for 1.1% of the population in Morris, NY, and this percentage has decreased by 52.2% 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 | 95.6% | 1.4% |
% Black | 0.3% | ∞% |
% Hispanic | 2.6% | 23.8% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.1% | -52.2% |
Mortgage and Risk — Morris, NY
According to HUD data as of 2023, there were 44 mortgage originations in Morris, NY, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Morris, NY. Investor activity is low, as 0.0% 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 | 44 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Morris, NY
Morris, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% 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 | $800 |
| 2 Bedroom | $190 | $800 | $990 |
| 3 Bedroom | N/A | N/A | $1,190 |
| 4 Bedroom | N/A | N/A | $1,310 |
Affordability — Morris, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $178,000 |
| Median Household Income | $60,700 |