Market Overview
Home Prices in Morrisville, NY
The median home value in Morrisville, NY is $248,055 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.1% compared to a year ago and up 5.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Morrisville are priced39% below average. Morrisville is part of the Syracuse, NY metro area.
Over the past five years, Morrisville home values have risen by approximately48.4%, reflecting strong long-term appreciation in this market.
Price History
Morrisville Home Price Trend
City Comparison
Morrisville vs. National Median
At $248,055, homes in Morrisville cost 39% below the national median of $410,000. This makes Morrisville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Morrisville?
20% Down Payment
$49,611
on $248,055
Monthly P&I
$1,294/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,643/mo
incl. taxes & insurance
Income Needed
$65,720
gross annual (30% rule)
10% Down Option
$24,806
+ PMI applies
Loan Amount (20% dn)
$198,444
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 Morrisville, NY?
The median home value in Morrisville is $248,055 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.1% year-over-year.
How much have home prices changed in Morrisville?
Over the past year, home values in Morrisville have increased by 7.1%. Over five years, prices have risen approximately 48.4%.
How much do I need to earn to buy a home in Morrisville?
To comfortably afford the median home price of $248,055 with a 20% down payment ($49,611) at today's rates (6.8%), you'd need a gross annual income of approximately $65,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Morrisville compare to the national average home price?
The national median home value is approximately $410,000. At $248,055, homes in Morrisville are 39% below the national average.
What metro area is Morrisville part of?
Morrisville is part of the Syracuse, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.