Construction Value
$13.0M ▼ 78.4%
Units Permitted
44 ▼ 87.1%
Avg Value / Unit
$296K
2024 · Census Bureau Building Permits Survey
Construction activity in Morrisville slowed in 2024, down 87.1% from the prior year with 44 housing units permitted. At $296K per unit, new builds are running 25% above the Wake County average of $237K, pointing to higher-end construction. Volume is still modest compared to neighboring towns (82% fewer units than the county average of 247), but the investment per project is strong. All permits were for single-family homes.
Housing Mixi
Development Densityi
Units per building permitted
All construction is single-family detached homes.
Construction Intensityi
$439
per resident
County avg: $4K-88%
$1.4M
per square mile
Morrisville vs. Wake County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 44 | 44 | $13.0M | 100% |
| ■ Duplex | 0 | 0 | — | 0% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 0 | 0 | — | 0% |
County Ranking by Construction Volume
Among 12 permit-issuing towns in Wake County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →