Morrisville, NC · Houses & Market Data

Morrisville, North Carolina houses and real estate market data.

Houses in Morrisville, NC (Wake County) — Census median home value $481,800, county listing prices roughly flat over the past year. Market data for Morrisville houses and the broader area.

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Morrisville, NC is in Wake County, North Carolina — this guide covers houses in Morrisville and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 30,471, with a median household income of $125,404. Census data puts Morrisville houses at a median value of $481,800 (all owner-occupied homes); Wake County's current median listing price runs $498,750, roughly flat over the past year.

Info from government sites and builders may have provided source info.

Market overview

Morrisville housing market

Morrisville is in Wake County, North Carolina. Manifest Census and county price-trend data provide baseline context for houses in Morrisville and the surrounding county market.

Median home value (Census ACS)

$481,800

Population (Census ACS)

30,471

Median household income

$125,404

County price trend (2025)

1.01% YoY

Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.

At a glance

Morrisville market snapshot

Population

30,471

County

Wake County

Median Household Income

$125,404

Median Home Value (city)

$481,800

Median Listing Price (Wake County)

$498,750

Median Gross Rent

$1,785/mo

Price Trend (YoY)

-0.2%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About

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Why Morrisville

What makes Morrisville different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Morrisville's median home value — across all owner-occupied homes, not just recent sales — at $481,800. Separately, Wake County's current median listing price (via Realtor.com data, 2026-06-01) runs $498,750. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Wake County's FHFA house price index shows a 1.01% annual change in 2025.

Population & Income

Morrisville has an estimated population of 30,471 and a median household income of $125,404, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Morrisville's Census-reported median home value works out to about 3.8x the area's median household income, and median gross rent runs roughly 17% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

Nearby

Places around Morrisville

County guide: Wake County — cities, market context, and local resources for the county that includes Morrisville.

USAHouses.com also helps visitors looking in nearby Wake County and other North Carolina communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.

Nearby communities include Durham, Raleigh, Chapel Hill, Gorman, Rougemont.

More North Carolina cities with market guides: Winston-Salem, Fayetteville, Wilmington, High Point, Concord, Asheville, Greenville, Gastonia.

Adjacent-county Census places with USAHouses.com pages: Cary (~3.9 mi), Apex (~8.0 mi), Carolina Meadows (~10.1 mi), Governors Village (~10.5 mi), Governors Club (~11.7 mi), Holly Springs (~12.7 mi), Fearrington Village (~13.7 mi), Carrboro (~15.2 mi), Briar Chapel (~15.6 mi), Garner (~16.2 mi), Pittsboro (~19.3 mi), Knightdale (~19.4 mi), Moncure (~19.7 mi), Butner (~21.3 mi), Rolesville (~21.7 mi), Creedmoor (~21.9 mi).

New construction: New homes near Morrisville (Charlotte) · New homes near Morrisville (Greensboro) · North Carolina new construction.

Census & home facts

Morrisville data from published sources

Population (ACS 2023)

30,471

Median home value (ACS 2023)

$481,800

Median household income (ACS 2023)

$125,404

Median gross rent (ACS 2023)

$1,785

County FHFA annual change (2025)

1.01%

County median listing price (FRED/Realtor.com) (2026-06-01)

$498,750

Census place type

town

County

Durham County

Land area (Census Gazetteer 2024)

9.17 sq mi

Census GEOID

3744520

Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.

Local life

Life in Morrisville

Schools

Wake County Schools — 197 schools, 159,778 students enrolled, per the U.S. Department of Education's Common Core of Data. Wake addresses may be served by Wake County Schools, but attendance zones vary by street — confirm assigned schools with the district before making a move.

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Common questions

Morrisville FAQ

What are houses worth in Morrisville, NC?

The Census Bureau's American Community Survey puts the median value of houses in Morrisville at $481,800. Wake County's current median listing price runs $498,750, roughly flat over the past year.

How much do houses cost in Morrisville, NC?

For owner-occupied houses in Morrisville, Census ACS data shows a median value of $481,800. Active listing prices in Wake County may differ — see the market snapshot above.

What types of houses are in Morrisville, NC?

Morrisville houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Wake County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.

What is the population of Morrisville, NC?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Morrisville's population at approximately 30,471.

What's the median rent in Morrisville, NC?

The Census ACS estimates median gross rent in Morrisville at approximately $1,785 per month.

What is the median household income in Morrisville, NC?

Census ACS data puts the median household income in Morrisville at approximately $125,404.

Is the Morrisville housing market growing?

Wake County's FHFA house price index shows a 1.01% annual change in 2025.

Is Morrisville, NC affordable relative to income?

Census ACS data puts Morrisville's median home value at about 3.8 times the median household income, with median gross rent equal to roughly 17% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

What school district serves Morrisville, NC?

Manifest and public school-directory data suggest Wake County Schools for many Morrisville addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.

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