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City Market Report — Single Family Homes & Townhouses

Morrisville

Morrisville, Wake County — Market Data for Single Family Homes & Townhouses

Market Data — June 2026
Market Snapshot

Morrisville at a Glance

Market data covers single family homes and townhouses only. National housing trends are tracked by the U.S. Census Bureau and National Association of Realtors®.

Median Price (SFH & TH)
$425,000
Avg. Days on Market
16
Homes Sold — SFH & TH (30 Days)
58
Active Inventory (SFH & TH)
42
Year-over-Year Price Change
+5.3%
Sale-to-List Price Ratio
102.1%
6-Month Trends

Price & Market Velocity in Morrisville

Median sale price and average days on market from December 2025 through May 2026 for single family homes and townhouses.

Median Home Price — Last 6 Months

$400K$405K$410K$415K$420K$425K $403,000 $407,000 $411,000 $416,000 $421,000 $425,000 DecJanFebMarAprMay

Days on Market — Last 6 Months

161718192021 21 days 20 days 19 days 18 days 17 days 16 days DecJanFebMarAprMay
Market Analysis

What's Happening in Morrisville

Morrisville sits at the heart of the Research Triangle Park corridor, making it a prime location for tech professionals. Demand is high, inventory is tight, and homes — particularly modern townhomes and single-family properties near the Park — sell quickly and often above asking price.

Strong Seller's Market
Demand outpaces supply — sellers have the advantage.

What This Means for You

  • Proximity to RTP and major employers drives intense buyer demand
  • Townhomes and single-family homes in newer communities sell fast
  • Buyers must act quickly and come in strong on competitive listings
  • Sellers capture maximum equity when they combine premium marketing with zero commission
FAQ

Frequently Asked Questions About Morrisville

Common questions from homeowners and buyers in Morrisville, Wake County — with current market data.

Is now a good time to sell in Morrisville?

Morrisville is one of the hottest markets in the Triangle, with a strong seller's market driven by proximity to RTP and major employers. Prices are up +5.3% year-over-year, homes sell at 102.1% of list price, and just 42 active listings face demand from 58 sales in 30 days. Schedule a free consultation to capitalize on these peak conditions.

How long does it take to sell a home in Morrisville?

Morrisville homes sell in an average of just 16 days — the fastest in the Triangle. Townhomes and single-family properties near the Park move even quicker, often with multiple offers. Contact Phil for a strategy that maximizes your return in this fast-moving market.

What is the median home price in Morrisville?

The median home price in Morrisville is $425,000 for single family homes and townhouses, up an impressive +5.3% year-over-year. The town's location at the heart of the Research Triangle Park corridor makes it one of the most sought-after markets in the region. Get a free home valuation to understand your property's full value.

Should I buy or sell first in Morrisville?

With homes selling in just 16 days and prices rising +5.3%, timing is everything. The Sold Zero Commission™ model lets you sell your Morrisville home with zero listing commission and purchase your next home within 90 days — capturing maximum equity in one of the Triangle's strongest markets. Learn more about this approach.

As Featured On

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Market data covers single family homes and townhouses only. Contact Phil for data on other property types. For national housing market context, visit the U.S. Census Bureau Housing Data, HUD, or Federal Reserve mortgage rate data.

Last updated: June 2026

Your Home's Value

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