Bronx · New York, NY
1 active listings · Median $770K
Calculating market narrative...
A condo-dominant submarket with softening rents, sale values below the 5-year high, and sale listings clearing quickly.
Median asking rent in Morris Park is $2,149/month, $700 below the 5-year high set in Sep 2025. Rents are down -23.3% year over year and +22.8% over the past 5 years. Median sale price stands at $770K, 16.3% below the 5-year high recorded in Oct 2025. Sale prices are down -1.5% year over year. Sale listings are clearing 44 days faster than at this point last 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 Sep 2026.
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.
In my 25+ years selling real estate across New York City, I use this Morris Park data in real negotiations, not just for a web page.
Stations: Bus service available
Live data from REBNY/RLS. Updated every 15 minutes.
Median closed sale price by month
Morris Park's single-residential homes and low-rise character attract buyers valuing long-established residential blocks. Affordable Bronx pricing and 5 train connectivity support consistent demand.
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Morris Park has 1 active listing for sale on the RLS/REBNY feed.
| Inventory & Activity | |
| Active Listings | 1 |
| Pending Sales | 1 |
| New This Week | 0 |
| New This Month | 1 |
| Avg DOM | 29.5 days |
| Price Cut Rate | 25.0% |
| Recent Sales | |
| Sold Last 30 Days | 1 |
| Sold Last 90 Days | 1 |
| Sale-to-List | 104.0% |
| Asking Prices | |
| Median Asking | $770,000 |
| Average Asking | $800,000 |
| Median $/SqFt | $512 |
| Median Condo Ask | -- |
| Median Co-op Ask | -- |
Based on active listings in Morris Park
| Type | Active Listings | Median Price | Price Range |
|---|---|---|---|
| Studio | 0 | -- | -- |
| 1 Bedroom | 0 | -- | -- |
| 2 Bedrooms | 0 | -- | -- |
| 3+ Bedrooms | 1 | too few | $800K - $800K |
View active listings by size:
Properties in Morris Park
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.
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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 Park buyers and sellers, that track record means a broker who has negotiated every type of deal this market produces.
Milton did a great job at helping me find my coop apartment that was the perfect fit for me. He explored the possibilities with the tours, gave me the information needed to know if I qualified for a mortgage and gave his experience with negotiating a price that I was comfortable with. He is personable, experienced and professional. I felt like I was being led in the right direction and I was. I would recommend his real estate services whole heartedly. Great experience with Milton!
Milton did an indispensable job assisting us with renting our condominium unit. As a first-time renter in NYC, I couldn’t have done it without Milton’s expertise and help. He was professional and communicative, and he really supported us through every step of the way, from the first tour to lease-signing to move-in. I mean this especially for the condo application process, which I had no experience with and which Milton took the time to guide us with, like compiling and informing us of exactly what materials we needed, what the timeline was gonna look like, walking us through the application site, letting us know about anything we missed filling out, etc. Super recommend Milton as your broker.
Quarterly report
Bronx Market Report, 2Q 2026
$400,000 median sale price. Download the full report
Bronx median sale price $685K in January 2026, up 9.6% YoY. Riverdale, Mott Haven, and Parkchester offer the best value in NYC.
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.
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Morris Park has 1 active listing for sale on the RLS/REBNY feed right now. Of those that list a bedroom count: 1 with three or more bedrooms.
The median sale price in Morris Park is $770K. Sale prices are down 1.5% year over year.
No. The median sale price in Morris Park is currently 16.3% below the 5-year high recorded in October 2025. That gap can favor buyers searching for value relative to the neighborhood's past peak.
Sale listings in Morris Park have a median of 29.5 days on market (the time from listing to a signed contract, per StreetEasy). That is 44 days faster than the same point a year ago. Roughly 25.0% of active listings have recorded a price cut, suggesting some negotiating room.
Morris Park is broadly balanced right now, with median days on market at 29.5 days and 25.0% of active listings carrying a price cut. Pricing depends heavily on the specific building and unit.
Roughly 3 homes change hands each month in Morris Park 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 Park is $2,149/month. Rents are down 23.3% year over year.
Median asking rent in Morris Park is currently $700 below the 5-year high set in September 2025. Tenants may find slightly more value than at peak, though the gap can close quickly during peak leasing season.
Median asking rent in Morris Park has risen 22.8% 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 Morris Park, median sale prices range across Van Nest at $610K, Bronx at $600K, Parkchester at $275K, Pelham Parkway at $230K. Each has different building stock, co-op vs condo mix, and transit access, so the right comparison depends on the buyer's priorities.
Morris Park is served by the Bus service. The commute to Midtown Manhattan runs roughly 137 minutes from Nearest bus stop.
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 Park, 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 and 1,100+ NYC property transactions across all five boroughs, with deep transaction history in co-op board packages, condo offerings, townhouse sales, and rentals, and he works in English and Spanish. 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 1,100+ transactions across NYC. Whether you are buying, selling, or leasing in Morris Park, I will guide you every step of the way.
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