The story of this market
The typical home in ZIP 13808 sells for about $230,000, or $145 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 88 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $747 a month.
ZIP 13808 — Morris
The housing market in 13808 is characterized by low inventory and slow turnover, typical of a rural New York community. Prices have seen steady appreciation over the last decade, driven by limited supply rather than high-velocity demand. The market remains stable with minimal new development activity.
This ZIP is best suited for those seeking a quiet, rural lifestyle, including retirees, remote workers, and families looking for affordable housing away from urban centers.
Median prices moved up 2.5% year over year.
Homes spend a median of 88 days on market with 6.2 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 13.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 13808, Otsego County, NY
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Morris Central School District, which generally maintains a small-town, rural educational environment.
The region is subject to standard New York state flood and winter weather risks; property insurance premiums are influenced by rural fire protection ratings.
Economic momentum is limited, characterized by a rural economy with reliance on local agriculture, small businesses, and regional employment hubs in Oneonta.
Property taxes are levied by Otsego County, the Town of Morris, and the Morris Central School District; rates are determined by local assessment rolls and school budget votes.
Commuting is primarily car-dependent, with residents typically driving to nearby employment centers like Oneonta or Norwich via state highways.
The area offers rural outdoor amenities including access to local state forests, hiking trails, and small-town community parks.
The rental market is characterized by low inventory and limited turnover, primarily consisting of single-family home rentals.
The local economy is primarily driven by agriculture, education, and small-scale retail, with many residents commuting to larger nearby towns for employment.
Public transit is non-existent; the area relies entirely on private vehicle travel via State Highways 51 and 23.
Development is minimal and primarily focused on residential property maintenance and small-scale agricultural improvements.
Otsego County utilizes a decentralized assessment system where individual towns manage their own assessment rolls.
Parcels are subject to school district taxes and county-level property tax levies.
Property insurance costs are moderate but sensitive to rural fire response times and regional weather patterns.
New York is a judicial foreclosure state, requiring court intervention for all foreclosure proceedings.
New York requires a standard property condition disclosure statement from sellers, though a $500 credit is often provided in lieu of the disclosure.
Data retrieved from US Census Bureau and Data Commons.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Primary educational anchor for the community.
Local waterway providing scenic and recreational value.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.