$5,926 Closing Credit*
$499,000
2,318 SqFt
4 Beds
•2 Full Baths, 1 Partial
Eunice Robertson, Listing Office: Broker/ REALTOR Group, Inc.
Is Cary Township, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 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
$600,029
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$29,783(+5.2%)
Key Takeaway
Homes in Cary Township have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Cary Township was $600,029 in September 2024, up 5.2% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $222K | -1.3% |
| 2 Bedrooms | $340.5K | $358K | +5.1% |
| 3 Bedrooms | $501.4K | $528.9K | +5.5% |
| 4 Bedrooms | $630K | $700K | +11.1% |
| 5+ Bedrooms | $925K | $997K | +7.8% |
Summary: Cary Township housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 7.8%.
Median Sold Price Compared To Nearby Cities
| Cary Township | $570.2K | $600K | +5.2% |
| Cary | $572.3K | $601.2K | +5.1% |
| Cedar Fork Township | $540K | $560.8K | +3.9% |
| Morrisville | $500K | $502K | 0.4% |
| Meredith Township | $585.5K | $582.5K | -0.5% |
Housing Supply in Cary Township, NC
How many homes are available in Cary Township, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 476 | 441 | -7.4% |
Summary: The Cary Township real estate market had 441 homes for sale in September 2024, a 7.4% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 47 | 48 | +2.1% |
| 3 Bedrooms | 153 | 150 | -2.0% |
| 4 Bedrooms | 174 | 159 | -8.6% |
| 5+ Bedrooms | 101 | 84 | -16.8% |
Summary: The Cary Township housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 2.1%, 3 bedroom homes decreased by 2%, 4 bedroom homes decreased by 8.6%, and 5+ bedroom homes decreased by 16.8%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 150 | 92 | -38.7% |
Asking Price vs. Sold Price
42 Homes Were Sold
Under Asking
28 Homes Were Sold
At Asking
22 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. 45.7% of homes here sold below asking price last month.
Summary: A total of 92 homes were sold or pending in Cary Township in September 2024, down by 38.7% month-over-month. Of the 92 sold homes, 46% were sold under asking, 30% were sold at asking, and 24% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 69 Days | 26 Days | -62.6% |
Summary: Homes in Cary Township had an average of 26 days on market in Sep 2024, down by 62.6% compared to last year.
Breakdown of Home Sale Times
62 Homes Were Sold
Under 30 Days
27 Homes Were Sold
In 30 - 90 Days
3 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 September 2024, 92 homes were sold in Cary Township; 67% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
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