Milton Coste

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NYC Neighborhood Comparison

Laconia vs Morris Park

Side-by-side market data, transit, and neighborhood profiles to help you decide.

Bronx|Bronx

Laconia

Bronx

Morris Park

Bronx

How They Compare

For buyers focused on affordability, Laconia has the lower median sale price at $630K vs $900K in Morris Park.

Median Sale Price
$630K
$900K
Median Rent
$0
$3K
Active Listings
5
5
Avg Days on Market
0 days
0 days
YoY Price Change
+11.6%
+40.6%
Monthly Sales Volume
5
9

Detailed Comparison

MetricLaconiaMorris Park
Median Sale Price$630,000$900,000
Median Condo PriceN/AN/A
Median Co-op PriceN/AN/A
Median Rent$0$2,637
Active Listings55
Rental Inventory12
Days on Market00
Price Cut Share0.0%13.3%
Monthly Sales Volume59
YoY Price Change+11.6%+40.6%
YoY Rent Change0.0%+9.9%
YoY Inventory Change+25.0%+25.0%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Laconia moved +11.6% over the past year, compared to +40.6% in Morris Park. The +40.6% gain in Morris Park reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Laconia

Laconia is a residential Bronx neighborhood of detached and semi-attached single-family homes, two-family brick houses, and low-rise apartment buildings between the Bronx River Parkway and White Plains Road. The 2 and 5 trains at Gun Hill Road station provide subway service to Manhattan. The Bronx River Greenway runs along the western edge with walking and cycling paths.

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Morris Park

Morris Park is characterized by two-story brick rowhouses and detached single-family homes built between the 1920s and 1940s. The neighborhood maintains a consistent, low-rise architectural profile. Commuters utilize the IRT Dyre Avenue Line via the 5 train.

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Transit Access

Laconia

No subway data available

Morris Park

No subway data available

Active Listings

Laconia for sale

View all Laconia listings

Morris Park for sale

View all Morris Park listings

Listing data is derived in whole or in part from the RLS at REBNY (Real Estate Board of New York) Internet Data Exchange (IDX) database. Real estate listings held by brokerage firms other than Milton Coste | Keller Williams NYC are marked with the RLS logo. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is refreshed every 15 minutes per REBNY IDX requirements.

Laconia vs Morris Park: Home Price Resilience 2008-2020

From the 2008 financial crisis through the 2020 pandemic, the NYC metro Case-Shiller composite fell about 25% peak-to-trough between 2007 and 2012, then fully recovered by 2017 and gained another 15% through Q1 2020. Laconia and Morris Park both tracked this broader NYC arc, with annual closing volume contracting sharply in 2009 and again in Q2 2020 before normalizing.

Outer-borough submarkets including Laconia and Morris Park generally tracked the broader NYC metro pattern of a 20% to 25% peak-to-trough decline before fully recovering by 2017 and posting further gains through early 2020.

Source: Per Case-Shiller Home Price Index, NYC metro subset, 2008-2020, cross-referenced with StreetEasy historical price data series.

Metric (2026)LaconiaMorris Park
Median Sale Price$630,000$900,000
Median Rent$0/mo$2,637/mo
Year-over-Year Price Change+11.6%+40.6%
Average Days on Market0 days0 days
Distance to Nearest SubwayN/AN/A

Table values reflect current 2026 market conditions. Historical 2008-2020 commentary is sourced from Case-Shiller NYC metro composite and StreetEasy historical series.

Frequently Asked Questions

Is Laconia cheaper than Morris Park?
Yes, Laconia has a lower median sale price at $630,000 compared to $900,000 in Morris Park as of the most recent market data. Co-op and condo prices within each neighborhood can vary significantly, so the right fit depends on property type and building.
Which has better transit, Laconia or Morris Park?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Laconia or Morris Park?
This depends on what type of home fits your household. Laconia and Morris Park both offer a mix of apartment and multi-room units in co-ops, condos, and townhouses. Larger 3- and 4-bedroom units, including townhouses and multi-family properties, tend to be more available in lower-density areas. Reviewing active listings filtered by bedroom count is the most reliable way to see what each neighborhood currently offers for larger households. A licensed broker can pull current inventory by bedroom count across both areas for a direct comparison.
Should I buy in Laconia or Morris Park?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Laconia and Morris Park gives you the clearest picture of what your budget gets in each location. Request a free CMA from Milton Coste to get a side-by-side breakdown of current opportunities.

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Need Help Choosing?

With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.

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