Is Cary Township, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cary Township is a seller's market

Buyer's
Market

Difference Since May 2022

Since last year, Cary Township has remained a Seller's Market.

Key Takeaway

Cary Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Cary Township, NC cost?

Median Sold Price

$520,176

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2022

+$65,176(+14.3%)

Key Takeaway

Homes in Cary Township have sold for 14.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $200.9K$202K
0.5%
2 $281K$318.5K
+13.3%
3 $435K$470K
+8.0%
4 $535K$575K
+7.5%
5+ $808.2K$900K
+11.4%

Median Sold Price Compared To Nearby Cities

Meredith Township
+33.3%
Cary Township
+14.3%
Morrisville
+9.2%
Cary
+6.4%
Cedar Fork Township
+6.0%

How many homes are available in Cary Township, NC?

Number of Homes For Sale

Apr 2023May 2023%
437428-2.1%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 57
+40.0%
2 5749
-14.0%
3 147148
+0.7%
4 129119
-7.8%
5+ 99105
+6.1%

Number of Homes Sold

Apr 2023May 2023%
165169+2.4%

Asking Price vs. Sold Price

59 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

75 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cary Township, you could pay more than the asking price. 46.6% of homes here sold above asking price last month.

How long does it take to sell a home in Cary Township, NC?

How long does it take to sell a home in Cary Township, NC?

Average Sale Time

May 2022May 2023%
3 Days10 Days+199.9%

Breakdown of Home Sale Times

156 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Cary Township are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

What housing markets are near Cary Township, NC?

About Cary Township, NC

Cary Township, NC has 428 homes on the market. The number of homes for sale in Cary Township, NC decreased by 2.1% between April 2023 and May 2023. The median list price of listings available in May 2023 was $520,176, while the average time on the real estate market was 10 days. Between April 2023 and May 2023, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 0.5%, prices of 2 bedrooms properties increased by 13.3%, prices of 3 bedrooms properties went up by 8%, 4 bedrooms properties became 7.5% more expensive, the cost of 5 bedrooms properties went up by 11.4%. Volume of homes for sale changed: 1 bedroom homes became 40% more available, number of 2 bedrooms homes decreased by 14%, 3 bedrooms homes became 0.7% more available, number of 4 bedrooms homes decreased by 7.8%, 5 bedrooms homes became 6.1% more available. In May 2023 more than 75 listings in Cary Township, NC were sold above the asking price. During the same period more than 27 listings were sold at asking price, while more than 59 were sold below.