$5,343 Closing Credit*
$449,900
1,321 SqFt
3 Beds
•2 Full Baths
Nicholas S Yarrington, Angie Thomas, Listing Office: Grow Local Realty, LLC
Is Cary Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
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.
Housing Prices in Cary Township, NC
How much do homes in Cary Township, NC cost?
Median Sold Price
$614,434
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,918(+8.1%)
Key Takeaway
Homes in Cary Township have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Cary Township was $614,434 in November 2024, up 8.1% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $221.2K | $222K | 0.3% |
| 2 Bedrooms | $352K | $356K | +1.1% |
| 3 Bedrooms | $507.7K | $528.9K | +4.2% |
| 4 Bedrooms | $630K | $715.5K | +13.6% |
| 5+ Bedrooms | $938.1K | $1.0M | +7.7% |
Summary: Cary Township housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.3%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 7.7%.
Median Sold Price Compared To Nearby Cities
| Cary Township | $568.5K | $614.4K | +8.1% |
| Cary | $571.7K | $615.1K | +7.6% |
| Cedar Fork Township | $540.6K | $565.9K | +4.7% |
| Meredith Township | $577K | $578K | 0.2% |
| Morrisville | $502.9K | $502.8K | 0% |
Housing Supply in Cary Township, NC
How many homes are available in Cary Township, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 507 | 433 | -14.6% |
Summary: The Cary Township real estate market had 433 homes for sale in November 2024, a 14.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 55 | 46 | -16.4% |
| 3 Bedrooms | 168 | 151 | -10.1% |
| 4 Bedrooms | 192 | 148 | -22.9% |
| 5+ Bedrooms | 91 | 85 | -6.6% |
Summary: The Cary Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 16.4%, 3 bedroom homes decreased by 10.1%, 4 bedroom homes decreased by 22.9%, and 5+ bedroom homes decreased by 6.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 121 | 112 | -7.4% |
Asking Price vs. Sold Price
59 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cary Township, you may be able to get a good deal. 52.7% of homes here sold below asking price last month.
Summary: A total of 112 homes were sold or pending in Cary Township in November 2024, down by 7.4% month-over-month. Of the 112 sold homes, 53% were sold under asking, 19% were sold at asking, and 29% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 61 Days | 27 Days | -55.0% |
Summary: Homes in Cary Township had an average of 27 days on market in Nov 2024, down by 55% compared to last year.
Breakdown of Home Sale Times
80 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cary Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 112 homes were sold in Cary Township; 71% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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