Morrisville, PA
Full City Profile · Pennsylvania · Mercer County County
3.6
/5.0
B+
Good
9,740
Population
499/sq mi density
$94,126
Median Income
$43,422 per capita
$275,100
Home Value
$450,236 Zillow
$1,123
Median Rent
21.2% income on rent
54°F
Avg Temperature
165
Violent Crime/100K
3,173 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$94,126 median income, 4.8% unemployment
A+
Affordability
5.0 / 5.0
$275,100 home value, $1,123/mo rent
F
Safety
1.0 / 5.0
165 violent crimes/100K
A
Education
4.2 / 5.0
39.4% bachelor's degree or higher
Housing Overview
Median Home Value
$275,100
2% below
US avg: $281,900
Median Rent
$1,123/mo
3% below
US avg: $1,163/mo
Homeownership Rate
66.4%
2% above US avg (65.4%)
Total Housing Units
4,171
Median year built: 1952
Home Value by Source
Census Median
$275,100
Zillow (ZHVI)
$450,236
Redfin Median Sale
$350,000
Median Sale Price
$350,000
Median List Price
$399,999
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
66.4%
Owner-Occupied
33.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$900/mo
1 Bedroom
$996/mo
2 Bedroom
$1,225/mo
3 Bedroom
$1,570/mo
4 Bedroom
$1,744/mo
Census median rent:
$1,123/mo
· Zillow rent:
$1,782/mo
Market Indicators (Redfin)
Median Sale Price
$350,000
Median Days on Market
63 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
11.1%
of listings with price reduction
Price Per Sq Ft
$241
Active Inventory
9
homes for sale
Affordability & Housing Stock
Rent Burden
21.2%
of renters spending 30%+ of income on housing
32% below US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
66.4%
Complete Housing Data
Home Values
| Census Median Value | $275,100 |
| Zillow Home Value (ZHVI) | $450,236 |
| Redfin Median Sale | $350,000 |
| Median Sale Price | $350,000 |
| Median List Price | $399,999 |
| Price Per Sq Ft | $241 |
Rent
| Census Median Rent | $1,123 |
| Zillow Rent (ZORI) | $1,782 |
| FMR Studio | $900 |
| FMR 1-Bedroom | $996 |
| FMR 2-Bedroom | $1,225 |
| FMR 3-Bedroom | $1,570 |
| FMR 4-Bedroom | $1,744 |
Market
| Days on Market | 63 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 11.1% |
| Homes Sold | 5 |
| Active Inventory | 9 |
| Price Per Sq Ft | $241 |
Ownership & Stock
| Owner-Occupied | 66.4% |
| Renter-Occupied | 33.6% |
| Homeownership Rate | 66.4% |
| Total Housing Units | 4,171 |
| Median Year Built | 1952 |
| Rent Burden | 21.2% |