City:

Morrisville, NY

Morrisville is a city in the state of new-york with a population of roughly 3,845. It is in Madison County, New York the Syracuse, NY core-based statistical areas (CBSA), and the Syracuse-Auburn, NY combined statistical area (CSA).Its Zip codes include 13408 .

The Rise and Fall of Morrisville's Home Prices

Morrisville is a small town located in the Southern Tier of New York. The population is just over 10,000 people and it has a median household income of just over $50,000. Morrisville is known for its beautiful scenery and its close proximity to both Syracuse and Ithaca.

Real estate in Morrisville is very affordable compared to other areas of the state. The average home price is just under $150,000 and the median list price is just over $130,000. There are a number of reasons why real estate in Morrisville remains so affordable. First, Morrisville does not have a large population base which means that there are not as many homes for sale as there are in larger cities. Second, the area has been hit hard by the recession and there are still a lot of homes available for purchase. Finally, Morrisville has excellent schools and infrastructure which makes it an attractive place to live.

Price Index: Syracuse, NY

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