Housing in Morrisville, NC

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$605,000

Median List Price

$599,100

Price Per Sq Ft

$238

Days on Market

78

Active Inventory

24

Months of Supply

2.4

Seller's market

Zillow Home Value

$477,076

ZHVI — January 2026

Zillow Rent Index

$1,552

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 6.1%List Price 14.1%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

10.0%

Off Market in 2 Weeks

22.2%

Sale-to-List Ratio

97.2%

Buyer's market

Sold Above Asking
10.0%
Under Contract in 2 Wks
22.2%
Listings with Price Drops
25.0%

Market Activity

Source: Redfin

Homes Sold

10

New Listings

14

Pending Sales

9

Homes Sold 9.1%New Listings 39.1%Pending 43.8%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$238

Median List $/SF

$252

Sale $/SF 7.0%List $/SF 1.6%Mar 24Jan 26

Morrisville vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Morrisville is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$481,800

Median Rent

$1,785

Total Housing Units

12,735

Vacancy Rate

9.8%

Owner Occupied

48.8%

Renter Occupied

51.2%

Median Property Tax

$3,946

per year

Monthly Cost (w/ Mortgage)

$2,123

Housing Types

Single Family
56.6%
Multi-Family
42.6%
Mobile Home
0.7%

The current median sale price in Morrisville, NC is $605,000 according to Redfin data. Homes spend a median of 78 days on the market. 10.0% of homes sold above asking price. The market has 2.4 months of supply. The median price per square foot is $238. Zillow's observed rent index is $1,552/month. About 48.8% of housing units are owner-occupied. The median year homes were built is 2006. There are 12,735 total housing units.