Is Morrisville, NY 13408 a buyer’s or seller’s market?
Morrisville is a seller’s market. With about 0.6 months of supply and 36% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Morrisville housing market right now
In the three months ending August 31, 2026, 36% of homes in Morrisville, NY 13408 sold above their list price, the typical home went under contract in 19 days and there were 0.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 43%, homes sold faster (78 days then) and the median sale price rose 10% to $249,892. Overall, Morrisville is more competitive than a year ago, so tougher for buyers.
Within Madison County, homes here sell faster than in 56% of the county’s ZIP codes, and sell less often over asking than in 62%.
Nearby, buyers who want less competition could look at West Edmeston 13485 (0% sold over asking) or Hamilton 13346 (17% sold over asking), while Wampsville 13163 (100% sold over asking) and Eaton 13334 (100% sold over asking) are even more competitive.
Run the numbers for 13408
Nearby markets
Bouckville 13310Buyer’s market $133 /sq ftBridgeport 13030Seller’s market $250 /sq ftCanastota 13032Seller’s market $153 /sq ftCazenovia 13035Seller’s market $208 /sq ft Browse all markets →Towns like Morrisville nearby
Find towns like Morrisville in other states →Where Morrisville is
Loading map…
Questions about Morrisville real estate
Is Morrisville a buyer’s or seller’s market?
A seller’s market: there were 0.6 months of supply in Morrisville, NY 13408 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Morrisville?
The typical home went under contract in 19 days in the latest three months.
Do homes in Morrisville sell over asking?
36% of homes sold above their original list price, and the typical sale closed at 102.3% of the list price.
What are property taxes in Morrisville?
About 2.26% of a home’s value a year in Madison County, or roughly $9,040 on a $400,000 home.
What is the median home price in Morrisville?
The median sale price was $249,892 in the three months ending August 31, 2026, about $130 per square foot.
Local agents
See all agents in 13408 →No sponsored agents in 13408 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 13408
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology