Market Overview
Home Prices in Morriston, FL
The median home value in Morriston, FL is $465,802 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.8% compared to a year ago and down 0.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Morriston are priced14% above average. Morriston is part of the Gainesville, FL metro area.
Over the past five years, Morriston home values have risen by approximately45.4%, reflecting strong long-term appreciation in this market.
Price History
Morriston Home Price Trend
City Comparison
Morriston vs. National Median
At $465,802, homes in Morriston cost 14% above the national median of $410,000. Buyers in Morriston should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Morriston?
20% Down Payment
$93,160
on $465,802
Monthly P&I
$2,429/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,085/mo
incl. taxes & insurance
Income Needed
$123,400
gross annual (30% rule)
10% Down Option
$46,580
+ PMI applies
Loan Amount (20% dn)
$372,642
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Morriston, FL?
The median home value in Morriston is $465,802 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.8% year-over-year.
How much have home prices changed in Morriston?
Over the past year, home values in Morriston have increased by 0.8%. Over five years, prices have risen approximately 45.4%.
How much do I need to earn to buy a home in Morriston?
To comfortably afford the median home price of $465,802 with a 20% down payment ($93,160) at today's rates (6.8%), you'd need a gross annual income of approximately $123,400. This assumes keeping total housing costs at or below 30% of gross income.
How does Morriston compare to the national average home price?
The national median home value is approximately $410,000. At $465,802, homes in Morriston are 14% above the national average.
What metro area is Morriston part of?
Morriston is part of the Gainesville, FL metropolitan area. Home prices and market conditions can vary across the broader metro region.