Home Values

Mount Morris Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$70,100

  • 4.3% 1-year change
  • 0.1% 1-year forecast

The median home value in Mount Morris is $70,100. Mount Morris home values have gone up 4.3% over the past year and Zillow predicts they will rise 0.1% within the next year. The median price of homes currently listed in Mount Morris is $59,900.

Foreclosures will be a factor impacting home values in the next several years. In Mount Morris 7.3 homes are foreclosed (per 10,000). This is greater than the Rochester Metro value of 3.1 and also greater than the national value of 3.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Mount Morris is 3.8%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Mount Morris homeowners underwater on their mortgage is 15.8%, which is higher than Rochester Metro at 6.9%.

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Relative ZHVI
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Mount Morris Market Overview

Data through May 31, 2015
  • $70,100 ZHVI
  • 0.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No recent data Median listing price
  • No data Median sale price
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Mount Morris Market Health

Data through May 31, 2015
  • No recent data Healthy
  • No data Average days on Zillow
  • 15.8% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 3.8% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

7.3 homes(Feb 29, 2008) Mount Morris
3.1 homes Rochester Metro
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Town of Geneseo $150,300
Pavilion $104,400
York $104,200
Name Median ZHVI
Town of Leicester $102,200
Town of Castile $95,300
Town of Perry $74,500

Listings & Sales

  • No data
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Mount Morris Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,313 Mount Morris
    $1,411 Rochester Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 0.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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