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Morrisville town, NC

ZIP 27560 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 27560

Median Home Value
$466,900
Median Rent
$1,619
Affordability Snapshot
$129,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,999/mo PITI).

17%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.0x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

24.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 27560 in Morrisville town, NC, a household would need roughly $129,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,999. That is roughly in line with the local median household income ($117,340). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 11% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
44.3%-32% vs US avg
x
Vacancy Rate
10.9%+6% vs US avg
x
Broadband Access
96.5%+11% vs US avg
x
4+ Bedrooms
5.7%-61% vs US avg
x
Built Pre-1939
0.3%-98% vs US avg
x
Built Post-2014
5.0%-28% vs US avg
x
Rent Burden >30%
14.4%-71% vs US avg
x
Mortgage-Free
23.4%-39% vs US avg
x
$466,900
Home Value
$1,619
Rent
2008
Year Built
2019
Moved In

Residents have lived here since ~2019 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached30.3%
  • 1-unit attached24.5%
  • 2-9 units8.9%
  • 10+ units35.8%
  • Mobile home & other0.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$466,900
Median rent$1,619
Owner-occupied44.3%
Vacant10.9%
Price-to-income4.0x
Est. income to buy$129,000