Morrisville Real Estate Market Report
- September 2026
Data covers single family homes and townhouses only. Excludes condos, multifamily, and land. Sourced from Doorify MLS, September 2026 Market Review (Year-to-Date January through September 2026 vs 2025), Single Family Residence, Wake County, Morrisville. Updated October 20, 2026. All data deemed reliable but not guaranteed.
Market Snapshot
MORRISVILLE BY THE NUMBERS
| Metric | October 2026 | October 2025 | Year-over-Year Change |
|---|---|---|---|
| | $631,950 | $695,000 | -9.1% |
| | 88 | 6 | +1366.7% |
| | 21.5 | 29 | -25.9% |
| | 98.3% | 98.0% | +0.3% |
| | $246 | $260 | -5.4% |
| | 143 | N/A | N/A |
Comparison: October 2025 closed sales, Triangle MLS. Raleigh reference: Doorify MLS Market Review.
Analysis
MORRISVILLE MARKET TREND
Morrisville continues to ride the RTP tech corridor wave - high demand, low inventory, strong appreciation.
Morrisville is one of the tightest markets in the Triangle, with only about 118 active listings and just 2.4 months of supply. The median sale price has climbed to approximately $580,000, reflecting year-over-year appreciation of about 8.2%. The driver is straightforward: Morrisville sits at the heart of the Research Triangle Park corridor, and tech workers relocating to the area continue to target it.
Days on market average about 35 days, but well-priced homes in popular communities like Amberly, Preston, and the McCrimmon Parkway corridor often go under contract within two weeks.
Morrisville's small geographic footprint limits new construction, which keeps inventory tight. The town is largely built out, so the market is dominated by resale homes. That scarcity factor supports pricing even when broader market conditions soften.
The proximity to RDU Airport, I-40, and the Triangle Town Center shopping district makes Morrisville exceptionally convenient. For relocators who prioritize a short commute and easy airport access, it's hard to beat.
What This Means for Buyers
Morrisville is competitive. With low inventory and strong demand, you need to be pre-approved and ready to act. The good news: at these price points, you're getting modern homes in well-maintained communities with excellent access to everything the Triangle offers.
What This Means for Sellers
Morrisville sellers have the upper hand. The supply-demand imbalance works in your favor, but don't let that lead to pricing mistakes. The buyer pool here is sophisticated - many are tech professionals who do their homework. Price fairly and present your home well, and you'll be under contract quickly.
Need the Full Picture?
GET YOUR MORRISVILLE MARKET ANALYSIS
These numbers are just the starting point. For a personalized breakdown of how current market conditions affect your goals - whether buying, selling, or relocating - talk to someone who knows this market inside and out.
Report last updated: October 2026 · Data sourced from publicly available MLS records, Wake County Register of Deeds, and brokerage market reports · Deemed reliable but not guaranteed