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25+ years experience · 1,000+ transactions · 5-star reviews
NYC Neighborhood Comparison
Side-by-side market data, transit, and neighborhood profiles to help you decide.
Bronx
Bronx
For buyers focused on affordability, Morrisania has the lower median sale price at $166K vs $810K in Pelham Bay.
Investors analyzing rental yield will find Morrisania offers a stronger rent-to-price ratio based on current market data.
| Metric | Morrisania | Pelham Bay |
|---|---|---|
| Median Sale Price | $166,215 | $810,000 |
| Median Condo Price | N/A | N/A |
| Median Co-op Price | $166,215 | N/A |
| Median Rent | $3,550 | $3,312.5 |
| Active Listings | 2 | 8 |
| Rental Inventory | 6 | 12 |
| Days on Market | 0 | 0 |
| Price Cut Share | 0.0% | 0.0% |
| Monthly Sales Volume | 6 | 1 |
| YoY Price Change | 0.0% | 0.0% |
| YoY Rent Change | +97.2% | +10.4% |
| YoY Inventory Change | -33.3% | +100.0% |
| Subway Lines | N/A | N/A |
Both Morrisania and Pelham Bay saw prices shift 0.0% over the past year. Comparable year-over-year movement suggests both markets are tracking similar citywide conditions.
Morrisania is a South Bronx neighborhood of prewar walk-up apartment buildings, mid-rise public housing complexes, and an increasing number of new affordable and market-rate residential developments. The 2 and 5 trains at Freeman Street and Simpson Street provide subway connections, and the 6 train is accessible at nearby Hunts Point Avenue. Crotona Park, with its 3.3-acre lake and running track, is within walking distance.
View Full Market ReportPelham Bay is a Bronx neighborhood of single-family detached homes, two-family brick houses, and co-op apartment buildings near the 2,772-acre Pelham Bay Park, the largest park in New York City. The 6 train terminates at Pelham Bay Park station, providing direct subway access to Manhattan. Orchard Beach, the Bartow-Pell Mansion Museum, and the Pelham Bay/Split Rock Golf Course are all within the park.
View Full Market ReportNo subway data available
No subway data available
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 last updated: 1/1/1970.
With 25+ years of experience across all five boroughs, I can help you find the right neighborhood for your lifestyle and budget.
