Commercial Real Estate Market in Morrisville, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 60 off-market properties in Morrisville, NY.
Market Trends
Morrisville, NY spans 34.0 square miles in Madison County, New York. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Morrisville, NY runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Morrisville, NY runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Morrisville, NY runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily vacancy in Morrisville, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Morrisville, NY has 3,452 residents in 984 households. Density runs 102 people per square mile. Median household income here is $64,762 and median gross rent $1,065 a month.
3,452
Population
984
Households
3.5
Avg Household Size
27
Median Age
20%
College-Educated
90%
High-School Grad
34 sq mi
ZIP Area
102
Density / Sq Mi
$64,762
Median Household Income
$12,813
Median Earnings
$1,065
Median Rent
$177,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| West Eaton | — | — |
| Pine Woods | — | — |
| Pierceville | — | — |
| Smithfield | — | — |
Commercial property in Morrisville, NY asks $106/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Morrisville?
Commercial property in Morrisville, NY asks an average of $106 per square foot. The 3 most recent recorded sales traded at a median of $100/SF, so asking sits 6% above the achieved median.
Where does Realmo's Morrisville market data come from?
Realmo compiles Morrisville, NY figures from 3 recent recorded sales, 3 active sale listings, 1 active lease listings, 60 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 3 active for-sale and 1 active for-lease listings in Morrisville, NY. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
