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Carpenter Historic DistrictCarpenter Historic District · Photo: KimWrenn · CC BY-SA 3.0
Housing in Cary

2,119 homes sold in Cary in the last year, at a typical $630K

About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Cary homes are listed.

Homes sold
2,119
June 2025 to May 2026
Typical sale price
$630K
houses $740K · condos $420K
Price per square foot
$261
North Carolina $207
Paid vs. asking
98.9%
22% sold over asking
For sale now
464
May 2026 · 227 sold that month
What sold · last 12 months

6% of Cary’s sales are condos, at $321K less than a house

1474 houses and 117 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$740K

typical sale · 1474 sold in 12 months

Per square foot
$269NC $207
Days to sell
30
Sold over asking
26%
Listings with a price cut
37%
Condos$420K

typical sale · 117 sold in 12 months

Per square foot
$285NC $275
Days to sell
64
Sold over asking
15%
Listings with a price cut
33%
Fewer sales

Multi-family (2–4 units): 7 sold, typical $561K
Townhouses: 521 sold, typical $486K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at 1.8 times the 2016 price

2,119 sales in the last year, against 3,263 in 2017 and a low of 1,800 in 2024. The typical sale went from $342K in 2016 to $630K.

Homes soldTypical sale price
0825165024753300$325K$450K$575K$700K2012: 2288 sold, typical $275K’122013: 2922 sold, typical $287K2014: 2930 sold, typical $305K’142015: 2955 sold, typical $317K2016: 3229 sold, typical $342K’162017: 3263 sold, typical $362K2018: 3044 sold, typical $382K’182019: 3082 sold, typical $390K2020: 3162 sold, typical $411K’202021: 3256 sold, typical $475K2022: 2304 sold, typical $562K’222023: 1872 sold, typical $599K2024: 1800 sold, typical $623K’242025: 1988 sold, typical $635KLast 12 months: 2119 sold, typical $630KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $650K buys in Cary

Houseat $269 a sq ft
Condoat $285 a sq ft
The same money in North Carolinaat $207 a sq ft

Is this asking price fair?

Check a listing against what Cary homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Cary are rarer than before the pandemic, but a third fewer homes come up for sale

We read every month of Cary’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 2,119 sales.

If you’re buying in Cary

  • Shop in March. It brings about 305 new listings a month, close to the busiest month, with fewer bidding wars (37% over asking).
  • You can negotiate. 35% of listings have cut their price, against 21% before the pandemic.
  • Bid near asking. Buyers paid 98.9% of the list price on average; 22% paid over.
  • You’ll usually have time. Only 42% of homes go under contract within two weeks; the typical one takes 36 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 344 a month), but April is the most competitive: 45% of April sales close over asking. March offers nearly as much choice with fewer homes bid up (37%). January has the least competition (27%) but only about 190 new listings.

New listings a monthShare sold over asking
086.3172.5258.834520%40%60%Sweet spotJan: 190 new listings a month, 27% sold over asking, 60 days to sellJFeb: 211 new listings a month, 34% sold over asking, 58 days to sellFMar: 305 new listings a month, 37% sold over asking, 43 days to sellMApr: 299 new listings a month, 45% sold over asking, 39 days to sellAMay: 344 new listings a month, 44% sold over asking, 40 days to sellMJun: 309 new listings a month, 44% sold over asking, 41 days to sellJJul: 276 new listings a month, 39% sold over asking, 43 days to sellJAug: 247 new listings a month, 34% sold over asking, 45 days to sellASep: 234 new listings a month, 32% sold over asking, 48 days to sellSOct: 227 new listings a month, 31% sold over asking, 48 days to sellONov: 160 new listings a month, 32% sold over asking, 51 days to sellNDec: 112 new listings a month, 29% sold over asking, 52 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than North Carolina

Cary now2017–192021 peakNC now
Sold over askingShare of sales that closed above the list price22%30%67%17%
Gone within two weeksShare of homes under contract within 14 days42%35%66%30%
Listings with a price cutShare of homes for sale that cut their price35%21%7%27%
Price paid vs. askingAverage sale price ÷ list price98.9%99.4%104.6%97.8%
Days to sellMedian days from listing to contract36553662
Supply

471 homes for sale on a typical day

That’s twice the 2024 low (229), 37% fewer than in 2017–19 and well under 2012’s 1051.

2012: 1051 for sale’122013: 844 for sale2014: 759 for sale2015: 724 for sale’152016: 768 for sale2017: 767 for sale2018: 732 for sale’182019: 751 for sale2020: 599 for sale2021: 370 for sale’212022: 332 for sale2023: 243 for sale2024: 229 for sale’242025: 438 for saleLast 12 months: 471 for saleNow
Room to negotiate

1 in 3 listings has cut its price

35% in the last year, against 21% in 2017–19 and 27% across North Carolina. More sellers are pricing high and coming down.

2015: 17%’152016: 17%2017: 21%2018: 20%’182019: 22%2020: 16%2021: 7%’212022: 23%2023: 23%2024: 41%’242025: 41%Last 12 months: 35%Now
Prices by type

Since 2019, houses are up 67%, condos 129%

A house typically sold for $740K in the last year (1474 sales), a condo for $420K (117).

$200K$400K$600K$800K2013201520172019202120232025NowHouses 2013: $337K, 2153 salesHouses 2014: $353K, 2236 salesHouses 2015: $368K, 2163 salesHouses 2016: $400K, 2189 salesHouses 2017: $409K, 2361 salesHouses 2018: $427K, 2213 salesHouses 2019: $444K, 2224 salesHouses 2020: $459K, 2337 salesHouses 2021: $545K, 2272 salesHouses 2022: $669K, 1499 salesHouses 2023: $693K, 1317 salesHouses 2024: $721K, 1299 salesHouses 2025: $748K, 1374 salesHouses last 12 months: $740K, 1474 salesHouses $740KCondos 2013: $108K, 94 salesCondos 2014: $113K, 118 salesCondos 2015: $122K, 117 salesCondos 2016: $126K, 105 salesCondos 2017: $169K, 111 salesCondos 2018: $167K, 97 salesCondos 2019: $183K, 100 salesCondos 2020: $227K, 107 salesCondos 2021: $252K, 139 salesCondos 2022: $264K, 89 salesCondos 2023: $310K, 82 salesCondos 2024: $303K, 79 salesCondos 2025: $387K, 107 salesCondos last 12 months: $420K, 117 salesCondos $420K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across North Carolina

Cary ranks 34th of 224 busy North Carolina markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Cary is one of the state’s hottest markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Cary home costs about $3,662 a month

Mortgage
Property tax
Insurance
Rent

Price: Cary’s typical sale, last 12 months. Property tax at Cary’s 0.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Cary is affordable on local pay is on Cost of living.

Before you buy in Cary

Six things worth knowing

344

New listings in May

The month with the most choice. December has the fewest, about 112.

Best time to buy
0.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $630K home, about $4,500 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Cary, from test results, graduation and how much students grow.

Schools in Cary
23 min

Typical commute

The average one-way trip to work for people who live in Cary.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Morrisville, Apex, Holly Springs, Raleigh and Governors Village sell for less a square foot

The busier markets within 25 miles of Cary, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Raleigh5,301$433K$23016%43
Cary2,119$630K$26122%36
Apex1,258$607K$24216%41
Holly Springs724$611K$23119%30
Morrisville194$548K$24611%49
Governors Club40$1.1M$26410%96
Governors Village20$591K$25015%42

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Cary, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Cary. People who follow the town see it, and so do people comparing Cary with their own town. No commission, no listing fee.

Questions about buying a home in Cary

What do homes sell for in Cary, NC?

2,119 homes sold in the year to May 2026 at a typical $630K, $261 a square foot. Houses sold for about $740K, condos for about $420K.

Is Cary a buyer’s or seller’s market?

A seller’s market: 464 homes were for sale in May 2026 and 227 sold, about 2 months of supply. Buyers paid 98.9% of asking on average, and 35% of listings cut their price.

When is the best time to buy in Cary?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Cary?

About 0.7% of a home’s value a year. On a $630K home that’s near $4,500.

Where can I see homes for sale in Cary?

Zillow, Redfin, Realtor.com and Homes.com all carry Cary’s MLS listings; the search links above open each one filtered to Cary.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).