Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Morris Heights

Bronx · New York, NY

0 active listings · Median $850K

$850K
Median Asking
$1,700/mo
Median Rent/Mo
8
Active Listings
112
Avg Days on Market

Monthly Snapshot

Live from REBNY/RLS

Calculating market narrative...

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Market Pulse — Morris Heights

What defines this market

A primarily co-op submarket with softening rents, rising sale prices, and sale listings sitting longer than a year ago.

Common search patterns

value buyersnegotiating leverageco-op-friendlyappreciating sale prices

Median asking rent in Morris Heights is $1,700/month, $2,650 below the 5-year high set in Jun 2023. Rents are down -34.6% year over year and -2.9% over the past 5 years. Median sale price stands at $850K, 29.2% below the 5-year high recorded in Apr 2025. Sale prices are up +21.4% year over year. Sale listings are clearing 35 days slower than at this point last year.

Rental snapshot

  • Median asking rent: $1,700/month ($2,650 below the 5-year high in Jun 2023)
  • Year-over-year rent change: -34.6%
  • 5-year rent change: -2.9%
  • Active rental listings: 4

For-sale snapshot

  • Median sale price: $850K (29.2% below the 5-year high in Apr 2025)
  • Year-over-year sale price change: +21.4%
  • Median days on market (sale): 112 days (35 days slower than a year ago)
  • Active for-sale listings: 8 (+700.0% YoY)
  • Active listings with a price cut: 37.5%
  • Recent monthly closed sales: 2

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.

About Morris Heights

Morris Heights sits along the Harlem River in the western Bronx, featuring five- and six-story Art Deco and neo-Renaissance apartment buildings along Sedgwick and University Avenues, many with decorative facades and interior courtyards. The 4 train runs along Jerome Avenue, connecting residents dire...

In my 25+ years selling real estate across New York City, I use this Morris Heights data in real negotiations, not just for a web page.

Quick Facts

BoroughBronx
Zip Code10453
Subway1 trains
Building TypesMixed

Transit, Schools & Commute

Subway Lines:1

Stations: 181 St (0.52 mi), 191 St (0.53 mi)

Midtown: 28 min (A express from 181 St)


Nearby Schools

SchoolGradesDist
High School for Media and Communications9-120.45 mi

Market Report

Live data from REBNY/RLS. Updated every 15 minutes.

Median Asking Price
$850,000
+21.4% YoY
Median Rent
$1,700/mo
-34.6% YoY
Price per Sq Ft
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Sale-to-List Ratio
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Price Trends

Median closed sale price by month

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Current Inventory Snapshot

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Inventory & Activity
Active Listings8
Pending Sales--
New This Week--
New This Month--
Avg DOM112 days
Price Cut Rate37.5%
Recent Sales
Sold Last 30 Days--
Sold Last 90 Days--
Sale-to-List--
Asking Prices
Median Asking$850,000
Average Asking--
Median $/SqFt--
Median Condo--
Median Co-op$185,000
Property Mix
Condo: --Co-op: --Other: --

Price by Bedroom

Based on active listings in Morris Heights

TypeActive ListingsMedian PricePrice Range
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Active Listings

Properties in Morris Heights

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.

Nearby Neighborhoods

Morris Heights Property Type Pages

Why Work With Milton in Morris Heights

25+ years

Experience across NYC

1,000+

Transactions closed

Since 2000

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 Morris Heights buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.

Reviews

"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."

JR
Verified Buyer
Google Review

"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."

MC
Verified Seller
Zillow Review

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Frequently Asked Questions about Morris Heights

The median sale price in Morris Heights is $850K. Co-op sales make up the bulk of activity, with a median of $185K. Sale prices are up 21.4% year over year.

No. The median sale price in Morris Heights is currently 29.2% below the 5-year high recorded in April 2025. That gap can favor buyers searching for value relative to the neighborhood's past peak.

Sale listings in Morris Heights have a median of 112 days on market. That is 35 days slower than the same point a year ago. Roughly 37.5% of active listings have recorded a price cut, suggesting some negotiating room.

Morris Heights is currently tilting toward buyers. Median days on market is 112 days and roughly 37.5% of active listings have recorded a price cut, both indicating room to negotiate.

Morris Heights is primarily a co-op market, with the median sale price at $185K. Condo inventory is limited.

Roughly 2 homes change hands each month in Morris Heights 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 Morris Heights is $1,700/month. Rents are down 34.6% year over year.

Median asking rent in Morris Heights is currently $2,650 below the 5-year high set in June 2023. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.

Within walking or short-transit distance of Morris Heights, median sale prices range across Washington Heights at $450K, Concourse at $235K, University Heights at $165K, Highbridge at $72K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.

Morris Heights is served by the 1 trains. The commute to Midtown Manhattan runs roughly 28 minutes from 181 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 Morris Heights, 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.

How I Can Help in Morris Heights

Milton Coste, Licensed Real Estate Associate Broker

Milton Coste

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 Morris Heights, I will guide you every step of the way.

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