Morrisdale, PA—16858
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Morrisdale, PA
As of Nov '25, the median home price in Morrisdale, PA is $155,000, with a year-over-year change of 2.6%. This indicates that home prices in Morrisdale, PA are increasing. According to Zillow, the 1-year price projection is -1.9%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $155,000 | 2.6% |
| Single Family | $154,000 | 4.1% |
| 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 Nov '25, Realtor.com reports that the median days on market for a home in Morrisdale, PA is 29. This is a decrease of -41.0% 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 | $219,000 | 94.0% |
Listing Count | 10 | 136.0% |
| Listings as % of Homes | 0.2% | 136.0% |
Days on Market | 29 | -41.0% |
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% |
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 | 2.7 |
| Median Home Price | $155,000 |
| Median Household Income | $57,300 |