Is Cary Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Cary Township has remained a Seller's Market.
Housing Prices in Cary Township, NC
How much do homes in Cary Township, NC cost?
Median Sold Price
$590,000
$258/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Cary Township was $590,000 in April 2024, up 4.5% from last year, and the median price per square foot was $258.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $202.9K | $223.7K | +10.2% |
2 Bedrooms | $335K | $360K | +7.5% |
3 Bedrooms | $481.9K | $525.2K | +9.0% |
4 Bedrooms | $616.8K | $680.3K | +10.3% |
5+ Bedrooms | $920.5K | $1.0M | +8.6% |
Summary: Cary Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 8.6%.
Median Sold Price Compared To Nearby Cities
Cary | $564.7K | $595.7K | +5.5% |
Cary Township | $564.3K | $590K | +4.5% |
Morrisville | $500K | $520K | +4.0% |
Meredith Township | $572.5K | $585K | +2.2% |
Cedar Fork Township | $545.8K | $541K | -0.9% |
Housing Supply in Cary Township, NC
How many homes are available in Cary Township, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
478 | 492 | +2.9% |
Summary: The Cary Township real estate market had 492 homes for sale in April 2024, a 2.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 55 | 60 | +9.1% |
3 Bedrooms | 171 | 162 | -5.3% |
4 Bedrooms | 167 | 168 | +0.6% |
5+ Bedrooms | 83 | 98 | +18.1% |
Summary: The Cary Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 18.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
164 | 160 | -2.4% |
Asking Price vs. Sold Price
50 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
84 Homes Were Sold
Over Asking
Summary: A total of 160 homes were sold or pending in Cary Township in April 2024, down by 2.4% month-over-month. Of the 160 sold homes, 31% were sold under asking, 16% were sold at asking, and 53% were sold over asking.
Days on Market for Cary Township, NC
How long does it take to sell a home in Cary Township, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 12 Days | -79.1% |
Summary: Homes in Cary Township had an average of 12 days on market in Apr 2024, down by 79.1% compared to last year.
Breakdown of Home Sale Times
142 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 160 homes were sold in Cary Township; 89% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.