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NC area data

Morrisville, NC

Morrisville, NC.

Population: 40,792 (Census ACS)

Home values & appreciation

Median home value
$500,098
1-year appreciation
-4.7%
3-year appreciation
-3.2%
5-year appreciation
+22.2%
10-year appreciation
+62.8%
All-time peak (2022-07)
$550,150
House Price Index
438.2 (+1.0% YoY)

Market activity

Median sale price
$406,000
Median list price
$437,500
Median days on market
52.5 days
Sale-to-list ratio
97.4%
Active listings
50
1-year forecast
-0.3%
Days to pending
47 days
New listings (monthly)
44

Rents

Typical rent
$1,703/mo
1-year rent change
+0.6%
1BR fair-market rent
$2,020/mo
3BR fair-market rent
$2,790/mo

Affordability

Cost of living index (Below Average)
92.5 (100 = US avg)
Electricity rate (state-level)
14.0¢/kWh
Natural gas rate (state-level)
$16.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
5
Elementary schools
5
Middle schools
0
High schools
0
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
hail, heatWave, iceStorm, inlandFlooding, lightning
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Average annual temperature
62.0°F
Average high
72.0°F
Average low
51.0°F
Annual precipitation
48.0 in
Annual snowfall
4.5 in

Air quality

Air quality rating
Good
Median AQI (annual)
49
Days with Good air quality
190

Walkability & transit

Walkability index
13.8 / 20
Transit service frequency
350

Amenities

National parks within ~60 mi
1
Nearest national park
Guilford Courthouse National Military Park (60 mi)
Nearest airport
Raleigh-Durham International Airport (RDU) (3 mi)
Nearest major airport
Raleigh-Durham International Airport (RDU) (3 mi)
Hospitals nearby (~15 mi)
11
Avg hospital rating
4.6 / 5
Solar radiation rating
Fair (4.4 kWh/m²/day)

Migration

Net migration
+2,663 tax filers

Housing stock

Median year housing built
2,008
Median annual property tax
$3,988
Mean commute to work
14 min
Households with broadband internet
94.1%

Employment & development

Total county employment
555,964
Average weekly wage
$1,452
Top industries (by employment)
Professional Services, Health Care, Accommodation & Food
Annual residential building permits (county)
9,552

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents