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City Market Report — Single Family Homes & Townhouses

Morrisville

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

Market Data — July 2026

Selling in Morrisville? See how much equity you'll keep on a $635,000 sale with $0 Listing Commission.

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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 Sales Price
$635,000
2025: $659,400 -3.7%
Closed Sales
49
2025: 52 -5.8%
Median Days on Market
17
2025: 8 +112.5%
List Price Received
98.3%
2025: 99.8% -1.5%
Median Sold $/Sq Ft
$253
2025: $256 -1.0%
New Listings
92
2025: 110 -16.4%
6-Month Trends

Price & Market Velocity in Morrisville

Median sale price and average days on market from January 2026 through June 2026 for single family homes and townhouses.

Median Home Price — Last 6 Months

$410K$415K$420K$425K$430K$435K $413,000 $416,000 $420,000 $424,000 $428,000 $432,000 JanFebMarAprMayJun

Days on Market — Last 6 Months

1718181919 18 days 17 days 17 days 18 days 18 days 19 days JanFebMarAprMayJun
Market Analysis

What's Happening in Morrisville

Morrisville sits at the heart of the Research Triangle Park corridor and remains one of the Triangle's tightest markets, though it too is showing signs of moderation. Inventory has improved slightly from the winter lows, and homes are taking a few more days to sell. Tech professionals drawn to the Park still drive strong demand, and well-positioned properties in newer communities continue to attract competitive offers.

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

What This Means for You

  • Proximity to RTP and major employers still drives strong buyer demand
  • Townhomes and single-family homes in newer communities sell steadily
  • Buyers have slightly more room to negotiate than earlier this year
  • 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 remains one of the hottest markets in the Triangle, with a seller's market driven by proximity to RTP and major employers. Prices are up +4.1% year-over-year, homes sell at 101.4% of list price, and 52 homes moved in the last 30 days against 52 active listings. Schedule a free consultation to capitalize on these conditions.

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

Morrisville homes sell in an average of just 19 days — still among the fastest in the Triangle. Townhomes and single-family properties near the Park move steadily, and well-priced listings often attract competitive offers. Contact Phil for a strategy that maximizes your return.

What is the median home price in Morrisville?

The median home price in Morrisville is $432,000 for single family homes and townhouses, up +4.1% 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 19 days and prices still rising, timing matters. 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.

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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: July 2026

Your Home's Value

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