The housing in Morrisville borough, PA is very desirable due to its high median value of $483,400 compared to the US House Median Value of $338,100. In addition, the area has experienced a significant appreciation rate of 11.01% over the last year, which is higher than the national average of 8.27%. With these positive factors contributing to the local market, it's no wonder why real estate prices in Morrisville are so desirable.
The median home cost in Morrisville is $483,400. Home appreciation the last 10 years has been 64.0%. Home Appreciation in Morrisville is up 12.4%.
Average Age of Homes
- The median age of Morrisville real estate is 65 years old
The Rental Market in Morrisville
- Renters make up 33.4% of the Morrisville population
- 2.3% of houses and apartments in Morrisville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.