Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

NYC Neighborhood Comparison

Morrisania vs Wakefield

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

Bronx|Bronx

Morrisania

Bronx

Wakefield

Bronx

How They Compare

For buyers focused on affordability, Morrisania has the lower median sale price at $166K vs $699K in Wakefield.

Investors analyzing rental yield will find Morrisania offers a stronger rent-to-price ratio based on current market data.

Median Sale Price
$166K
$699K
Median Rent
$4K
$2K
Active Listings
2
9
Avg Days on Market
0 days
0 days
YoY Price Change
0.0%
+5.5%
Monthly Sales Volume
6
11

Detailed Comparison

MetricMorrisaniaWakefield
Median Sale Price$166,215$699,000
Median Condo PriceN/AN/A
Median Co-op Price$166,215N/A
Median Rent$3,550$2,200
Active Listings29
Rental Inventory65
Days on Market00
Price Cut Share0.0%43.8%
Monthly Sales Volume611
YoY Price Change0.0%+5.5%
YoY Rent Change+97.2%+2.3%
YoY Inventory Change-33.3%+50.0%
Subway LinesN/AN/A

Year-Over-Year Price Movement

Prices in Morrisania moved 0.0% over the past year, compared to +5.5% in Wakefield. The +5.5% gain in Wakefield reflects stronger buyer demand relative to available inventory in that market.

Neighborhood Profiles

Morrisania

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.

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Wakefield

Wakefield features a mix of detached single-family Victorian homes and low-rise apartment buildings. Two-family brick houses define the architecture across the residential streets. The area is served by the 2 and 5 subway lines, providing transit access within the northern Bronx.

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Transit Access

Morrisania

No subway data available

Wakefield

No subway data available

Active Listings

Morrisania for sale

View all Morrisania listings

Wakefield for sale

View all Wakefield 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 last updated: 1/1/1970.

Frequently Asked Questions

Is Morrisania cheaper than Wakefield?
Yes, Morrisania has a lower median sale price at $166,215 compared to $699,000 in Wakefield 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, Morrisania or Wakefield?
Transit data is not available for these neighborhoods. Check the MTA website for current service maps.
Which is better for families, Morrisania or Wakefield?
This depends on what type of home fits your household. Morrisania and Wakefield 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 Morrisania or Wakefield?
The right neighborhood depends on your price range, commute needs, and preferred property type. A comparative market analysis (CMA) of recent sales in both Morrisania and Wakefield 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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