Market Summary

Morrisville, Wake County, NC

City Last updated April 8, 2026

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Median Home Price Price

$490,281 $490.3K

Median Monthly Rent Rent

$2,194 $2.2K

GRM

19.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Market Snapshot

Morrisville, Wake County, NC is a city market with a median home price of $490,281, a median monthly rent of $2,194, a GRM of 19.0x, and a price-to-rent ratio of 18.6.

Comparable Markets

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Similar Markets

Compare nearby and out-of-state comps before deciding whether this market is truly distinctive.

Similar markets within Wake County

Region Price Rent GRM Display
$429,511 $1,829 20.0x
$380,396 $1,706 19.0x
$511,160 $1,789 24.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NC outside of Wake County

Region Price Rent GRM Display
$415,332 $2,398 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NC

Region Price Rent GRM Display
$447,848 $2,089 18.0x
$529,876 $2,562 17.0x
$464,757 $1,794 22.0x
$408,553 $2,146 16.0x
$529,640 $2,039 22.0x
$450,504 $2,380 16.0x
$481,557 $2,016 20.0x
$323,300 $1,501 18.0x
$436,118 $2,251 16.0x
$402,162 $2,002 17.0x
$331,867 $1,574 18.0x
$406,868 $2,246 15.0x
$437,775 $1,696 21.0x
$361,705 $2,222 14.0x
$399,030 $1,850 18.0x
$468,169 $2,080 19.0x
$528,303 $2,426 18.0x
$354,186 $2,276 13.0x
$507,984 $2,355 18.0x
$660,462 $2,302 24.0x
$438,277 $2,113 17.0x
$678,214 $2,205 26.0x
$334,203 $1,544 18.0x
$304,373 $1,404 18.0x
$521,705 $2,258 19.0x
$493,996 $2,438 17.0x
$491,747 $2,455 17.0x
$571,341 $2,192 22.0x
$404,328 $1,975 17.0x
$355,915 $1,956 15.0x
$431,596 $1,925 19.0x
$421,674 $1,567 22.0x
$589,269 $2,398 21.0x
$392,545 $2,205 15.0x
$320,896 $1,607 17.0x
$699,698 $2,915 20.0x
$350,776 $1,577 19.0x
$513,500 $1,630 26.0x
$287,762 $1,959 12.0x
$292,800 $1,417 17.0x

Home prices

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Monthly rent

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GRM

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Morrisville

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Trend Insights

Median Rent in Morrisville, NC is $2,194, with MoM change +$6 and YoY change +$5 pointing to positive momentum while volatility is low (std $12).

Benchmark Markets Side by Side

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Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Morrisville, NC
Compare market Select a market
Delta vs base
Median rent
$2,194
N/A
Median price
$490,281
N/A
YoY change
+$5
N/A
Price-to-rent
18.6x
Data unavailable
Frequently Asked Questions

What is the median home price in Morrisville, Wake County, NC?

TwinMarket currently shows a median home price of $490,281 for Morrisville, Wake County, NC.

What is the median rent in Morrisville, Wake County, NC?

The current TwinMarket market snapshot lists median monthly rent at $2,194 in Morrisville, Wake County, NC.

What is the GRM in Morrisville, Wake County, NC?

TwinMarket currently shows a GRM of 19.0x in Morrisville, Wake County, NC. Use it alongside price, rent, and trend direction rather than as a standalone buy signal.

Which markets look similar to Morrisville, Wake County, NC?

Comparable markets currently surfaced on TwinMarket for Morrisville, Wake County, NC include Raleigh, Wake County, NC, Garner, Wake County, NC, Wake Forest, Wake County, NC. Open those pages to compare price, rent, GRM, and recent trend context side by side.

When was the Morrisville, Wake County, NC market page updated?

The market data shown on this page was last updated on April 8, 2026.