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Featured local agent — Morrisville, PA
Sarah Mitchell
Compass Real Estate · Morrisville, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Morrisville, PA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$375,000median sale price
How is the Morrisville, PA housing market right now?
The median home sale price in Morrisville, PA is $375,000, down 6.3% year-over-year. Homes sell in an average of 23 days with 16 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Morrisville a buyer's or seller's market?
Morrisville, PA is currently a strong seller's market, based on 1.5 months of supply and homes selling in about 23 days. How we determine this →
Homes sold
11
Last 12 weeks
Days on market
23
Average pace
Active listings
16
1.5 months supply
Sale-to-list
100.8%
Above asking
What does the Morrisville housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $375,000 |
| Median list price | $372,500 |
| Year-over-year price change | -6.3% |
| Average days on market | 23 days |
| Active inventory | 16 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 100.8% |
| Median price per sq ft | $254/sq ft |
| Homes sold (latest month) | 11 |
| New listings (latest month) | 10 |
| Listings with a price cut | 25.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Morrisville by property type?
How the Morrisville, PA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $410,000 | $261/sq ft | 9 | 23 days |
| Townhouse | $309,500 | $223/sq ft | 2 | 97 days |
Source: Redfin · Updated monthly
The Morrisville housing market is currently classified as a strong seller's market with a median sale price of $375,000. Prices have fallen 6.3% compared to last year, with homes spending an average of 23 days on market, indicating 1.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 9.5x provides context for how home values compare to local earning capacity.
Homes for sale in Morrisville
There are currently 16 homes listed for sale in Morrisville, Pennsylvania. The median listing price is $373K.
Active listings
16
Homes on market
Median list price
$373K
Avg. days on market
23
Days until sale
New this week
10
Newly listed
Who lives in Morrisville?
Population
874
Median income
$60,038/yr
Median age
51.7 years
Owner-occupied
50.5%
College grads
28.3%
Avg commute
9.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Morrisville?
Zillow home value
$568,423
Zillow rent index
$1,678/mo
Price-to-rent ratio
28.2x
Price-to-income
9.5x
Source: Zillow Research
What is it like to live in Morrisville?
Morrisville is a community of approximately 1K residents with a median age of 51.7 years.The median household income is $60,038, which represents a working-class community with solid middle-income opportunities. 28.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 50.5%, showing a blend of owner and renter-occupied properties. The average commute time is 9.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Morrisville offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Morrisville?
4 schools tracked · 1,419 students
The largest public schools serving Morrisville, PA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Eleanor Roosevelt El Sch
Grades K-5 · 581 students
Morrisville HS
Grades 6-12 · 413 students
Grandview El Sch
Grades K-2 · 233 students
Morrisville Intermediate Sch
Grades 3-5 · 192 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Morrisville, PA?
Want a head-to-head view? Compare Morrisville side-by-side with any other U.S. city using our market-comparison tool.
Is Morrisville a good real estate investment market?
For investors evaluating Morrisville, the price-to-rent ratio of 28.2x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 6.3% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Morrisville's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Morrisville's median home price.
Frequently asked questions
What is the average home price in Morrisville?
The median home sale price in Morrisville is $375,000, down 6.3% from last year.
How long do homes stay on market in Morrisville?
Homes typically spend 23 days on market before going under contract.
What is the median income in Morrisville?
The median household income is $60,038 per year.
Is Morrisville a buyer's or seller's market?
With 1.5 months of supply, Morrisville is currently a strong seller's market.
What is the Zillow home value estimate for Morrisville?
The Zillow Home Value Index (ZHVI) for Morrisville is $568,423, representing the typical home value in the area.
How much does a single-family home cost in Morrisville?
The median single-family home price in Morrisville, PA is $410,000 (about $261 per square foot).
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