Zip lookup · NC

27560
Morrisville, North Carolina.

Morrisville, Wake County, NC · Raleigh-Cary, NC metro · population 40,792

What it costs per month · 27560 $2,583/mo

to buy the typical home at today's mortgage rate — +$1,316 (+104%) since Jan 2020.

What the home itself did
1 year
Down $22,528 -4%
$514,681$492,153 since Sep 2025
5 years
Up $66,405 +16%
$425,748$492,153 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$1,000 $2,000 $3,000 2002 2006 2010 2014 2018 2022 2026 27560 $2,583 United States $1,922
$1,000 $2,000 $3,000 2002 2010 2018 2026
  • 27560$2,583
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 24 years.

Typical home values in zip 27560 fell 4.4% over the past year — slower than the nation's +1.2%.

Asking rents in zip 27560 rose 2.1% over the past year — slower than the nation's +2.7%.

Owning the typical home in zip 27560 runs $1,743/mo more than renting one. The gap peaked at $2,077 in May 2024.

That is $3,405 a month against $1,662 rent: a $2,583 mortgage payment, plus $294 property tax and $527 insurance & upkeep.

Owning vs renting — zip 27560

The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.

$1,500 $2,000 $2,500 $3,000 $3,500 2018 2020 2022 2024 2026 Owning all in $3,405 Renting $1,662 Mortgage only $2,583
$1,500 $2,000 $2,500 $3,000 $3,500 2018 2022 2026
  • Owning all in$3,405
  • Renting$1,662
  • Mortgage only$2,583

Property tax · $294/mo 0.72% of value a year — the ACS 2020-2024 median bill over the median home value for 2 counties

Insurance & upkeep · $527/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.

Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.

This zip spans 2 counties: Wake County, NC 87% · Durham County, NC 13%

Zillow also publishes an index for the city itself: Morrisville, NC — measured over the city limits, which is a different area from this zip.

Asking rent $1,662 as of Sep 2026
+2.1%year on year
Typical home value $492,153 as of Sep 2026
-4.4%year on year

Asking rent — 27560

Against the Raleigh-Cary, NC metro and the national benchmark.

$1,200 $1,400 $1,600 $1,800 2018 2020 2022 2024 2026 27560 $1,662 Raleigh $1,669 United States $1,932
$1,200 $1,400 $1,600 $1,800 2018 2022 2026
  • 27560$1,662
  • Raleigh$1,669
  • United States$1,932

Typical home value — 27560

Mid-tier homes, smoothed and seasonally adjusted.

$300,000 $400,000 $500,000 2018 2020 2022 2024 2026 27560 $492,153 Raleigh $428,267 United States $366,157
$300,000 $400,000 $500,000 2018 2022 2026
  • 27560$492,153
  • Raleigh$428,267
  • United States$366,157

Within 20 miles

Showing 30 of 41 zips in range — sorting picks from all 41.

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
4.1 27513 Cary 46,979 $1,629 $552,294
4.5 27617 Raleigh 20,237 $1,538 $429,930
4.5 27709 Durham — $1,638 —
4.9 27519 Cary 69,836 $1,899 $690,357
6.1 27607 Raleigh 28,438 $1,594 $708,181
6.4 27713 Durham 59,197 $1,544 $409,919
6.8 27612 Raleigh 41,952 $1,478 $563,928
7.0 27511 Cary 33,221 $1,915 $491,833
7.3 27703 Durham 63,458 $1,805 $376,573
7.9 27613 Raleigh 45,235 $1,373 $580,326
9.4 27518 Cary 19,735 $1,608 $727,159
9.4 27523 Apex 20,269 $1,878 $727,135
9.8 27707 Durham 51,274 $1,458 $398,492
10.2 27606 Raleigh 45,444 $1,478 $430,708
10.5 27608 Raleigh 12,604 $2,009 $1,036,437
10.5 27701 Durham 24,793 $1,671 $411,478
10.6 27502 Apex 48,530 $2,082 $559,568
10.7 27605 Raleigh 6,286 $1,816 $390,666
10.8 27609 Raleigh 35,573 $1,381 $546,103
10.9 27615 Raleigh 46,019 $1,501 $533,263
11.6 27517 Chapel Hill 29,564 $1,669 $662,322
12.2 27601 Raleigh 9,905 $1,706 $493,622
12.5 27539 Apex 25,878 $1,729 $593,873
12.6 27704 Durham 40,102 $1,741 $301,355
13.0 27614 Raleigh 34,226 $1,556 $670,503
14.4 27514 Chapel Hill 32,951 $1,604 $629,930
14.5 27705 Durham 49,923 $1,536 $458,743
14.8 27510 Carrboro 13,868 $1,564 $419,282
14.9 27604 Raleigh 44,514 $1,576 $335,946
16.1 27616 Raleigh 63,520 $1,658 $348,330

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.