Is Morris, NY 13808 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Morris is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.1Under 4 months = seller’s market
Sold above original list60%Share of sales, last 3 months
Median sale-to-list98.5%Sold price ÷ list price
Median days on market56Listing to accepted offer
Median price per sq ft$192▲ +391.5% vs. last year

The Morris housing market right now

In the three months ending August 31, 2026, 60% of homes in Morris, NY 13808 sold above their list price, the typical home went under contract in 56 days and there were 5.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 5 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (239 days then) and the median sale price rose 54% to $231,400. Overall, Morris is more competitive than a year ago, so tougher for buyers.

Within Otsego County, homes here sell more slowly than in 59% of the county’s ZIP codes, and sell more often over asking than in 95%.

Nearby, buyers who want less competition could look at Otego 13825 (0% sold over asking) or Milford 13807 (0% sold over asking), while East Worcester 12064 (100% sold over asking) is even more competitive.

Nearby markets

Burlington Flats 13315Buyer’s market $198 /sq ftCherry Valley 13320Buyer’s market $126 /sq ftCooperstown 13326Buyer’s market $240 /sq ftEast Springfield 13333 — /sq ft Browse all markets →

Where Morris is

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Questions about Morris real estate

Is Morris a buyer’s or seller’s market?

A balanced market: there were 5.1 months of supply in Morris, NY 13808 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 Morris?

The typical home went under contract in 56 days in the latest three months.

Do homes in Morris sell over asking?

60% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.

What are property taxes in Morris?

About 1.70% of a home’s value a year in Otsego County, or roughly $6,800 on a $400,000 home.

What is the median home price in Morris?

The median sale price was $231,400 in the three months ending August 31, 2026, about $192 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology