Morrisville, NC

Buyer's market-23.0% YoY

Housing market overview · Updated weekly

$400,000median sale price

Homes sold

5

Last 12 weeks

Days on market

65

Average pace

Active listings

35

7.0 months supply

Sale-to-list

97.0%

Below asking

The Morrisville housing market is currently classified as a buyer's market with a median sale price of $400,000. Prices have fallen 23.0% compared to last year, with homes spending an average of 65 days on market, indicating 7.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Morrisville

There are currently 35 homes listed for sale in Morrisville, North Carolina. The median listing price is $585K.

Active listings

35

Homes on market

Median list price

$585K

Avg. days on market

65

Days until sale

New this week

17

Newly listed

Price drops:25.7%of listings
Sale-to-list:97.0%

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Frequently asked questions

What is the average home price in Morrisville?

The median home sale price in Morrisville is $400,000, down 23.0% from last year.

How long do homes stay on market in Morrisville?

Homes typically spend 65 days on market before going under contract.

Is Morrisville a buyer's or seller's market?

With 7.0 months of supply, Morrisville is currently a buyer's market.

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