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25+ years experience · 1,000+ transactions · 5-star reviews
Bronx · New York, NY
0 active listings · Median $549K
Calculating market narrative...
A condo-dominant submarket with softening rents and sale values below the 5-year high.
Median asking rent in Port Morris is $2,600/month, $1,500 below the 5-year high set in Feb 2025. Rents are down -36.6% year over year and +35.1% over the past 5 years. Median sale price stands at $549K, 45.1% below the 5-year high recorded in May 2017. Sale prices are down -12.2% year over year.
Across NYC, the FARE Act has tightened agent-listed rental supply since August 2024 by shifting the broker fee to landlords who engage a broker. Roughly 35 to 40% of NYC lease signings occur between mid-June and August 15.
Source: StreetEasy market data, through Jun 2026.
Port Morris features established architecture combining traditional multi-unit buildings with historic cooperatives. The area is served by regional rail lines offering transit access, while local parks provide immediate green space. These fixed residential structures anchor the borough's property la...
In my 25+ years selling real estate across New York City, I use this Port Morris data in real negotiations, not just for a web page.
Stations: Bus service available
Midtown: 31 min (2 express from 125 St)
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
Loading chart data...
Calculating market narrative...
| Inventory & Activity | |
| Active Listings | 1 |
| Pending Sales | -- |
| New This Week | -- |
| New This Month | -- |
| Avg DOM | 53 days |
| Price Cut Rate | 100.0% |
| Recent Sales | |
| Sold Last 30 Days | -- |
| Sold Last 90 Days | -- |
| Sale-to-List | -- |
| Asking Prices | |
| Median Asking | $548,634 |
| Average Asking | $799,900 |
| Median $/SqFt | $451 |
| Median Condo | -- |
| Median Co-op | -- |
Based on active listings in Port Morris
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Studio | 1 | too few | $800K - $800K |
| 1 Bedroom | 0 | -- | -- |
| 2 Bedrooms | 0 | -- | -- |
| 3+ Bedrooms | 0 | -- | -- |
View active listings by size:
Properties in Port Morris
No listings currently available. Contact Milton
REBNY/RLS Disclaimer: 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.
Experience across NYC
Transactions closed
Active in Bronx
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams NYC. His work covers all five boroughs, with deep experience in co-op boards, condo offerings, townhouse sales, and rental transactions. For Port Morris buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
"Milton made the entire buying process seamless. His knowledge of the local market and negotiation skills saved us thousands. Highly recommend for anyone looking in Upper Manhattan."
"We sold our co-op in record time thanks to Milton's marketing strategy. Professional photography, virtual tour, and targeted digital ads brought multiple offers within the first week."
Bronx median sale price $685K in January 2026, up 9.6% YoY. Riverdale, Mott Haven, and Parkchester offer the best value in NYC.
You can still buy in NYC for under $500K. Here are the neighborhoods, property types, and strategies that get you the most value in 2026.
On a $1M NYC purchase: co-ops run $20K-$30K, condos $38K-$42K, new dev $60K+. See every fee, who pays, and 5 ways to cut your bill.
Co-ops make up nearly 70% of NYC housing stock but require board approval. Condos cost more but offer flexibility. Here's how to decide.
Pre-approval gives you a 20-30% edge in NYC bidding wars. Here's what lenders need and how to set your budget ceiling.
Roughly 1 in 8 co-op board applications gets rejected. Here's how to prepare your package and ace the interview.
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The median sale price in Port Morris is $549K. Sale prices are down 12.2% year over year.
No. The median sale price in Port Morris is currently 45.1% below the 5-year high recorded in May 2017. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in Port Morris have a median of 53 days on market. Roughly 100.0% of active listings have recorded a price cut, suggesting some negotiating room.
Port Morris is broadly balanced right now, with median days on market at 53 days and 100.0% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.
Roughly 1 homes change hands each month in Port Morris across condos, co-ops, and townhouses, based on recorded closed sales. That benchmark helps gauge how quickly the market is absorbing new inventory.
The overall median asking rent in Port Morris is $2,600/month. Rents are down 36.6% year over year.
Median asking rent in Port Morris is currently $1,500 below the 5-year high set in February 2025. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.
Median asking rent in Port Morris has risen 35.1% over the past 5 years. That puts the neighborhood in context with longer-term NYC rent dynamics rather than just one-year noise.
Within walking or short-transit distance of Port Morris, median sale prices range across Melrose at $999K, Mott Haven at $900K, East Harlem at $900K, Hunts Point at $743K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Port Morris is served by the Bus service. The commute to Midtown Manhattan runs roughly 31 minutes from 125 St.
Under the FARE Act in effect since August 2024, NYC landlords who engage a broker pay the broker fee directly rather than passing it to tenants. In neighborhoods like Port Morris, this has shifted some smaller landlords toward self-listing, which has tightened the supply of agent-listed rentals citywide and lifted competition for what remains on market.
Milton Coste is a Licensed Real Estate Associate Broker with Keller Williams New York City. He has 25+ years of experience across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals. Direct: (917) 416-7433. Email: milton@miltoncoste.com.
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Licensed Real Estate Associate Broker
Keller Williams NYC · NY #10301213304
25+ years of experience and over 2,000 transactions closed across NYC. Whether you are buying, selling, or leasing in Port Morris, I will guide you every step of the way.
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