Why Live in Morrisville
Morrisville is a dynamic neighborhood nestled between Raleigh and Durham, offering a strategic location within North Carolina's Research Triangle. Its proximity to major highways and Raleigh-Durham International Airport makes it ideal for those who travel frequently. The area is known for its green spaces, such as Morrisville Community Park, where residents can enjoy outdoor activities. Housing options are diverse, including townhouses, modern colonials, and ranch-style homes, with a competitive market reflecting rising demand. Morrisville's connection to the Research Triangle Park, the largest research park in the U.S., attracts a global workforce, contributing to its vibrant, multicultural atmosphere. The East Meets West Festival celebrates this diversity annually with food, music, and performances. Dining options are varied, featuring Indian, Mediterranean, Thai, and Vietnamese cuisines, alongside local favorites like Leo’s Italian Social. For shopping and entertainment, Parkside Town Commons offers over 50 stores and dining venues. Morrisville's location also provides easy access to attractions in neighboring cities, such as the North Carolina Museum of Art and PNC Arena. The neighborhood is conveniently situated near major universities, including North Carolina State University, University of North Carolina Chapel Hill, and Duke University. With crime rates comparable to the national average, Morrisville presents a balanced living environment for its residents.
Home Trends in Morrisville, NC
On average, homes in Morrisville, NC sell after 108 days on the market compared to the national average of 70 days. The median sale price for homes in Morrisville, NC over the last 12 months is $409,900, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$409,900
Median Single Family Sale Price
$495,000
Median Townhouse Sale Price
$287,525
Median 2 Bedroom Sale Price
$575,000
Median 1 Bedroom Sale Price
$160,000
Average Price Per Sq Ft
$255
Number of Homes for Sale
17
Last 12 months Home Sales
418
Median List Price
$495,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%