Morrisville, Wake County, NC Housing Trends, Rent, Price-to-Rent

Market Summary

Morrisville, Wake County, NC

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.

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).

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Metric

Base market Morrisville, NC

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Delta vs base

Median rent

$2,194

N/A

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Median price

$490,281

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YoY change

+$5

N/A

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Price-to-rent

18.6x

Data unavailable

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