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Saturday, May 4, 2024

Morrisville home prices rise in July 2019

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The median sale price of a home sold in July 2019 in Morrisville rose by $68,750 while total sales increased by 5.3%, according to BlockShopper.com.

In July 2019, there were 40 homes sold, with a median sale price of $363,500 - a 23.3% increase over the $294,750 median sale price for the same period of the previous year. There were 38 homes sold in Morrisville in July 2018.

The median sales tax in Morrisville for the most recent year with available data, 2016, was $2,882, approximately 0.8% of the median home sale price for July 2019.

The following table compares Morrisville to other Wake County cities with similar median sales prices in July 2019:

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Brookhaven110%$756,000$440,00071.8%
New Hill31200%$512,500$365,00040.4%
Cary271278-2.5%$390,000$359,5008.5%
Morrisville40385.3%$363,500$294,75023.3%
Lake Anne21100%$348,250$252,50037.9%
Wake Forest1181089.3%$335,000$314,5006.5%
Apex138152-9.2%$325,500$321,2501.3%
Deerfield13-66.7%$325,000$175,00085.7%
Rolesville1220-40%$323,750$301,2507.5%
Holly Springs93921.1%$312,500$322,000-3%
Angier3250%$295,000$298,250-1.1%

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