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Tuesday, November 5, 2024

Morrisville home prices rise in August 2019

Re 9

The median sale price of a home sold in August 2019 in Morrisville rose by $20,750 while total sales decreased by 5.6%, according to BlockShopper.com.

In August 2019, there were 34 homes sold, with a median sale price of $340,750 - a 6.5% increase over the $320,000 median sale price for the same period of the previous year. There were 36 homes sold in Morrisville in August 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 August 2019.

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

CityAug. 2019 Home SalesAug. 2018 Home Sales% change (Total Home Sales)Aug. 2019 Median Sales PriceAug. 2018 Median Sales Price% change (Median Sales Price)
New Hill10-$515,000$0-
Brookhaven31200%$475,000$275,00072.7%
Birchwood Hills Estates4333.3%$462,500$406,00013.9%
Brookstone110%$440,000$460,000-4.3%
Rolesville211723.5%$375,000$285,00031.6%
Morrisville3436-5.6%$340,750$320,0006.5%
Apex127130-2.3%$340,000$305,00011.5%
Angier10-$335,000$0-
Cary256258-0.8%$334,500$356,500-6.2%
Medfield Estates12-50%$325,000$396,000-17.9%
Barclay Downs31200%$307,000$323,000-5%

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