Morrisville 27560

Raleigh-Cary, NC · Wake County, NC · 3,964 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

57affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
26%
affordable
Days on market
42
daily
Price cuts
35.1%
of active
Valuation
+9.7%
vs assessor
Look up an address
50
/100
Mixed
cooling · balanced · prices easing year-over-year.
Price trend
0
Affordability
85
Valuation
70
Economic health
57

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

51/ 100SellerBalancedBuyer
Balanced Market
DOM: 79d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)25
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)75
Cancellation Rate (10%)75
Days on Market (5%)75

Balanced market in 27560. List price is roughly fair — focus on condition and value. Payment burden: 26.1% of median income. Median days on market: 79. Renting is approximately 105% cheaper than buying (price-to-rent ratio: 24.6).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
COOLINGBALANCED

Market is cooling with expanding inventory. Conditions are balanced between buyers and sellers. Prices down 4.5% YoY.

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Market snapshoteach number, once

Median price
$504,204
▾ 4.5% YoY
Days on market
42
daily · zip_data
Median rent
$1,705
ZORI
Investor score
28/100
cash-flow lens
Active listings
99
90-day

Valuation3 lenses, different anchors

vs assessor
+9.7%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$553,109
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+68.0%
County-wide market — the widest, slowest signal.
Durham+68.0%
Wake+66.5%
Johnston+65.7%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$206
Price-to-income4.3×

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How 27560 ranks in NC
percentile vs all North Carolina ZIPs · n=834
Market velocity77%
Supply tightness44%
Affordability54%
Investment yield32%
Appreciation2%

Affordability, supply & momentum

31SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply14.6 mo
Days on Market42d
Inv vs History+35.6%
Listing Density6.4/1k
Affordability — payment burden
Monthly payment (P&I)$2,547
Payment burden26%
Median income · ZIP$117,340
Mortgage rate6.49% · 30yr
Total monthly own$3,051
Monthly rent$1,705
Market dynamics
Price cut %35.1%
Momentumcooling
LeverageBALANCED
Months of supply14.6
Sales (90d)0
Investment analysis
Median rent$1,705
Price-to-rent24.6
Est. cap rate2.6%
Buy vs rentfavors renting

Livability

Walk score4
Transit score
Bike score

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Wake County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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