Morrisville, NC Real Estate
According to census data in the year 2000 there were 3,174 housing units in Morrisville.
This represents a 532.3% growth from 502 in 1990.
Of those housing units, 3,070 were located in either urbanized areas or urban clusters, and 104 were located in what is classified as a rural area.
Homeownership rate in Morrisville is about 30.2%.
Morrisville's vacancy rate, including seasonal lodging, is about 22.7%.
Average household size is 2.09 people.
The majority of houses, apartments or condos in Morrisville were built after 1998.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.10% |
| One Bedroom | 23.80% |
| Two Bedrooms | 43% |
| Three Bedrooms | 23.90% |
| Four Bedrooms | 6% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1995 |
| Median Value of occupied units | $173,200 |
| Median Price asked for vacant units | $293,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.96 |
| Median year structure was built | 1999 |
| Median Monthly Rent asked for vacant units | $797 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 7.20% |
| Home Equity Loan | 13.60% |
| Simple Mortgage | 64.20% |
| Debt Free | 14.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.1% |
