Neighborhood report · September 2026

Providence Place

Morrisville, Wake County, NC

Median sale price · 12 mo
$620K−13.3%
49 days+471%
Days on market
97.8%−2.5%
Sale-to-list
75%+500%
Price cuts
Neighborhood snapshot
Homes sold · 12 mo8
Active listings2
Median sale price$620K
Latest saleAug 2026

Doorify MLS · live, trailing 12 months.

Your top match agent

Top Match #1
Top agent for Morrisville
12
sold in Morrisville
99%
sold / list
31
avg days on mkt

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Recent sales in Providence Place

Trailing 12 months
AddressTypeBd/BaSqftPrice$/sqftDOMStatus
1001 Deshire Lane
Morrisville 27560
SFH4/32,700$625k$231126ClosedSee more →
1121 Hope Springs Lane
Morrisville 27560
SFH5/33,477$808k$23211ClosedSee more →
3029 Homebrook Lane
Morrisville 27560
SFH4/32,397$610k$25463ClosedSee more →

Showing 3 of 3 listings in Providence Place · last 3 months. Click any row for full details.

Market health

Providence Place · trended 12 months

This neighborhood specifically, not the wider ZIP or city.

Median sale price
$620K 13%

Down 13% over the past year.

Days on market
49 days 471%

Taking 471% longer to sell than a year ago.

List-to-sale ratio
97.8% 2%

Softening off asking price.

Listings w/ price cut
75% 500%

More price cuts than a year ago.

Months of inventory
3.0months
Seller’s market
Seller’sBalancedBuyer’s

Inventory is tight; homes are absorbed faster than they list. Absorption rate 34% / mo · This neighborhood.

Best month to list

When homes here sell fastest, for the most.

J
F
M
A
M
J
J
A
S
O
N
D

Listings peak in April — the widest selection of the year here.

What sells here (bed/bath)
  • 4 bd38%
  • 3 bd38%
  • 5+ bd25%
New construction vs. resale
100%
New constructionResale
Sale price spread
  • < $400K13%
  • $400–600K13%
  • $600–800K63%
  • $800K–1M13%

Market and sales data from Doorify MLS, trailing 12 months. The matched agent’s identity is released only after a signed referral agreement.