Housing & Real Estate — Morrisville, North Carolina

Overview

Total Housing Units12,735
Occupied11,492
Vacant1,243
Owner-Occupied5,605
Renter-Occupied5,887
Median Home Value (Census)$518,800
Estimated 2026~$617,000
Median Rent$1,785/mo
Median Property Tax$4,078/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income17.1%
Severely Rent-Burdened19.6%

Housing Age

Built 2010 or later4,975
Built 2000-20095,294
Built 1990-19991,871
Built before 1960207
Median Year Built2005
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.