Photo: Doug Kerr from Albany, NY, United States · CC BY-SA 2.0194 homes sold in Morrisville in the last year, at a typical $548K
Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Morrisville homes are listed.
Every place Morrisville homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Morrisville.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
6% of Morrisville’s sales are condos, at $359K less than a house
107 houses and 11 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 107 sold in 12 months
- Per square foot
- $265NC $207
- Days to sell
- 40
- Sold over asking
- 13%
- Listings with a price cut
- 47%
typical sale · 11 sold in 12 months
- Per square foot
- $251NC $275
- Days to sell
- 59
- Sold over asking
- 0%
- Listings with a price cut
- 56%
Townhouses: 76 sold, typical $408K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 1.8 times the 2016 price
194 sales in the last year, against 475 in 2015 and a low of 188 in 2024. The typical sale went from $296K in 2016 to $548K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $550K buys in Morrisville
Check a listing against what Morrisville homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Morrisville are rarer than before the pandemic, but 41% fewer homes come up for sale
We read every month of Morrisville’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 194 sales.
If you’re buying in Morrisville
- Shop in August. It brings about 34 new listings a month, close to the busiest month, with fewer bidding wars (33% over asking).
- You can negotiate. 44% of listings have cut their price, against 21% before the pandemic.
- Offer under asking. Buyers paid 97.8% of the list price on average; 11% paid over.
- You’ll usually have time. Only 32% of homes go under contract within two weeks; the typical one takes 49 days.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 40 a month), but April is the most competitive: 45% of April sales close over asking. July and August offer nearly as much choice with fewer homes bid up (36%). December has the least competition (24%) but only about 15 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than North Carolina
| Morrisville now | 2017–19 | 2021 peak | NC now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 11% | 30% | 64% | 17% |
| Gone within two weeksShare of homes under contract within 14 days | 32% | 37% | 66% | 30% |
| Listings with a price cutShare of homes for sale that cut their price | 44% | 21% | 8% | 27% |
| Price paid vs. askingAverage sale price ÷ list price | 97.8% | 99.3% | 104.5% | 97.8% |
| Days to sellMedian days from listing to contract | 49 | 48 | 37 | 62 |
46 homes for sale on a typical day
That’s 1.9 times the 2023 low (24), 41% fewer than in 2017–19 and well under 2012’s 140.
1 in 2 listings has cut its price
44% in the last year, against 21% in 2017–19 and 27% across North Carolina. More sellers are pricing high and coming down.
Since 2019, houses are up 65%, condos 60%
A house typically sold for $671K in the last year (107 sales), a condo for $313K (11).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Morrisville ranks 169th of 224 busy North Carolina markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Morrisville is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Morrisville home costs about $3,218 a month
Price: Morrisville’s typical sale, last 12 months. Property tax at Morrisville’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Morrisville is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 15.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $548K home, about $4,310 a year.
Taxes vs. neighborsSchools
The schools grade for Morrisville, from test results, graduation and how much students grow.
Schools in MorrisvilleTypical commute
The average one-way trip to work for people who live in Morrisville.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Durham and Raleigh sell for less a square foot
The busier markets within 25 miles of Morrisville, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Raleigh | 5,301 | $433K | $230 | 16% | 43 |
| Durham | 3,198 | $423K | $231 | 21% | 44 |
| Cary | 2,119 | $630K | $261 | 22% | 36 |
| Apex | 1,258 | $607K | $242 | 16% | 41 |
| Morrisville | 194 | $548K | $246 | 11% | 49 |
| Governors Club | 40 | $1.1M | $264 | 10% | 96 |
| Governors Village | 20 | $591K | $250 | 15% | 42 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Morrisville, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Morrisville. People who follow the town see it, and so do people comparing Morrisville with their own town. No commission, no listing fee.
Questions about buying a home in Morrisville
What do homes sell for in Morrisville, NC?
194 homes sold in the year to May 2026 at a typical $548K, $246 a square foot. Houses sold for about $671K, condos for about $313K.
Is Morrisville a buyer’s or seller’s market?
A balanced market: 69 homes were for sale in May 2026 and 16 sold, about 4.3 months of supply. Buyers paid 97.8% of asking on average, and 44% of listings cut their price.
When is the best time to buy in Morrisville?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Morrisville?
About 0.8% of a home’s value a year. On a $548K home that’s near $4,310.
Where can I see homes for sale in Morrisville?
Zillow, Redfin, Realtor.com and Homes.com all carry Morrisville’s MLS listings; the search links above open each one filtered to Morrisville.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).