Why Live in Cary
Cary's cultural scene centers around the Koka Booth Amphitheatre, which hosts year-round outdoor concerts and events against a lakeside backdrop. Nature lovers frequent the serene Hemlock Bluffs Nature Preserve's hiking trails and the expansive Fred G. Bond Metro Park's boating facilities. The downtown area features the newly developed Downtown Cary Park with public art installations, plus the historic Page-Walker Arts & History Center showcasing local art galleries. Sports facilities include the professional-grade WakeMed Soccer Park and the USA Baseball National Training Complex. The dining scene ranges from upscale establishments like Rey's Restaurant, known for its piano music and award-winning steakhouse menu, to local favorites like Lucky 32 Southern Kitchen with its farm-to-table Southern cuisine.
Single-family homes comprise the majority of Cary's housing market, with notable concentrations in prestigious neighborhoods like Preston, where the median price is $1,107,500, and MacGregor Downs, commanding a median price of $1,225,000. More moderate options exist in Cary Park, with a median price of $638,000, and Crossroads at $515,000. The overall median sale price in Cary stands at $618,800, while townhomes have a median price of $560,000. Condominiums present more affordable options, with one-bedroom units at a median price of $225,000 and two-bedroom units at $300,000.
Cary maintains competitive tax rates, with a Wake County effective property tax rate of 0.72%, lower than Durham at 0.84% and Chapel Hill at 0.96%. The education system includes several highly rated institutions such as Green Hope High School and Wake STEM Early College High School, both earning A+ ratings. Private options include Cary Academy and Cardinal Gibbons High School. The town's location, 7 miles west of Raleigh and 12 miles southeast of Durham, provides convenient access to major employers like SAS Institute, Epic Games, and the Research Triangle Park. Public transportation includes GoCary bus service and an Amtrak station, while Raleigh-Durham International Airport is just 15 minutes away.
Home Trends in Cary, NC
On average, homes in Cary, NC sell after 31 days on the market compared to the national average of 50 days. The median sale price for homes in Cary, NC over the last 12 months is $620,000, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$620,000
Median Single Family Sale Price
$660,000
Median Townhouse Sale Price
$560,000
Median 2 Bedroom Sale Price
$300,000
Median 1 Bedroom Sale Price
$225,000
Average Price Per Sq Ft
$275
Number of Homes for Sale
530
Last 12 months Home Sales
3,337
Median List Price
$628,740
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
3%