Home prices
The median home cost in Morrisdale is $101,700. In comparison to other places in this area this is about $8,340 (8%) higher.It is about $115,800 (53%) lower compared to the rest of the nation, and it is approximately $210,700 (67%) lower in comparison to the city of State College.
Rents
In Morrisdale the median monthly rent is $780. Compared to the surrounding areas it is approximately $124 (18%) higher.It is approximately $282 (26%) lower compared to the rest of the nation, and in comparison to the city of State College is roughly $274 (25%) lower.
Nearby places
North Philipsburg
North Philipsburg is roughly 2 miles south of Morrisdale. Housing prices there are somewhat more expensive. The cost of the median home in North Philipsburg is $112,600, which comes out to $10,900 (9%) higher than Morrisdale. The rent there is a little less expensive. North Philipsburg's median rent is $720 per month, which comes out to $60 (8%) lower than Morrisdale.
West Decatur
West Decatur is roughly 2 miles southwest of Morrisdale. Its real estate prices are somewhat less expensive. The price of the median home in West Decatur is $85,000, which is $16,700 (19%) lower than Morrisdale. Its rents are significantly less expensive. In West Decatur the median monthly rent is $583, which works out to $197 (33%) lower than Morrisdale.
Wallaceton
Wallaceton is roughly 2 miles west from Morrisdale. Its housing prices are significantly less expensive. The median home value in Wallaceton is $75,000, which comes out to $26,700 (35%) lower than Morrisdale. Rent there is fairly similar. The median rent in Wallaceton is $792 a month, which is $12 (1%) higher than Morrisdale.
Philipsburg
Philipsburg is about 3 miles south from Morrisdale. The housing prices there are pretty similar. The median home in Philipsburg is valued at $102,500, which is very similar to Morrisdale. The rent there is a little less expensive. In Philipsburg the median monthly rent is $615, which works out to $165 (26%) lower than Morrisdale.
Chester Hill
Chester Hill is roughly 3 miles south of Morrisdale. Its real estate prices are somewhat less expensive. The price of the median home in Chester Hill is $91,700, which works out to $10,000 (10%) lower than Morrisdale. Rent there is a lot less expensive. Chester Hill's median rent is $570 a month, which is $210 (36%) lower than Morrisdale.
