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Featured local agent — Cary, NC
Sarah Mitchell
Compass Real Estate · Cary, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Cary, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$643,000median sale price
How is the Cary, NC housing market right now?
The median home sale price in Cary, NC is $643,000, up 3.0% year-over-year. Homes sell in an average of 17 days with 464 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Cary a buyer's or seller's market?
Cary, NC is currently a seller's market, based on 2.0 months of supply and homes selling in about 17 days. How we determine this →
Homes sold
227
Last 12 weeks
Days on market
17
Fast-moving
Active listings
464
2.0 months supply
Sale-to-list
100.0%
Above asking
What does the Cary housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $643,000 |
| Median list price | $640,000 |
| Year-over-year price change | +3.0% |
| Average days on market | 17 days |
| Active inventory | 464 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $264/sq ft |
| Homes sold (latest month) | 227 |
| New listings (latest month) | 269 |
| Listings with a price cut | 36.6% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Cary by property type?
How the Cary, NC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $690,000 | $274/sq ft | 178 | 14 days |
| Condo / Co-op | $685,150 | $313/sq ft | 7 | 142 days |
| Townhouse | $426,500 | $224/sq ft | 40 | 34 days |
Source: Redfin · Updated monthly
The Cary housing market is currently classified as a seller's market with a median sale price of $643,000. Prices have risen 3.0% compared to last year, with homes spending an average of 17 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.9x provides context for how home values compare to local earning capacity.
Homes for sale in Cary
There are currently 464 homes listed for sale in Cary, North Carolina. The median listing price is $640K.
Active listings
464
Homes on market
Median list price
$640K
Avg. days on market
17
Days until sale
New this week
269
Newly listed
Who lives in Cary?
Population
176,686
Median income
$129,399/yr
Median age
39.8 years
Owner-occupied
66.3%
College grads
70.2%
Avg commute
22.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Cary?
Zillow home value
$631,158
Zillow rent index
$1,775/mo
Price-to-rent ratio
29.6x
Price-to-income
4.9x
Source: Zillow Research
What is it like to live in Cary?
Cary is a community of approximately 177K residents with a median age of 39.8 years.The median household income is $129,399, which reflects a relatively affluent area with strong earning potential. 70.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 66.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Cary offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Cary?
33 schools tracked · 29,541 students
The largest public schools serving Cary, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Panther Creek High
Grades 9-12 · 2,561 students
Green Level High
Grades 9-12 · 2,149 students
Cary High
Grades 9-12 · 2,136 students
Green Hope High
Grades 9-12 · 2,126 students
Mills Park Middle
Grades 6-8 · 1,628 students
Alston Ridge Middle
Grades 6-8 · 1,532 students
Triangle Math and Science Academy
Grades K-12 · 1,341 students
Alston Ridge Elementary
Grades PK-5 · 1,111 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Cary, NC?
Want a head-to-head view? Compare Cary side-by-side with any other U.S. city using our market-comparison tool.
Is Cary a good real estate investment market?
For investors evaluating Cary, the price-to-rent ratio of 29.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 3.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Cary's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Cary's median home price.
Frequently asked questions
What is the average home price in Cary?
The median home sale price in Cary is $643,000, up 3.0% from last year.
How long do homes stay on market in Cary?
Homes typically spend 17 days on market before going under contract.
What is the median income in Cary?
The median household income is $129,399 per year.
Is Cary a buyer's or seller's market?
With 2.0 months of supply, Cary is currently a seller's market.
What is the Zillow home value estimate for Cary?
The Zillow Home Value Index (ZHVI) for Cary is $631,158, representing the typical home value in the area.
What is the median condo price in Cary?
The median condo/co-op sale price in Cary, NC is $685,150, compared to $690,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Cary?
The median single-family home price in Cary, NC is $690,000 (about $274 per square foot).
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