2025 Compare Cities Housing:
Cary, NC vs Memphis, TN

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Highlights
- The median age of a home in Cary is 126.1% younger than the median age of a home in Memphis.
 Cary, NCMemphis, TNUnited States
 Median Home Age23  Unlock42
 Median Home Cost  Unlock$148,300$338,100
 Home Appr. Last 12 months25.0%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock61.3%57.0%
 Home Appr. Last 10 yrs.108.2%  Unlock101.1%
 Property Tax Rate  Unlock$14.8$11.0
 Homes Owned62.9%  Unlock57.4%
 Housing Vacant  Unlock14.0%11.2%
 Homes Rented31.3%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Cary, NCMemphis, TNUnited States
 Average Rent  Unlock$1,380$1,840
 Studio Apartment$1,400  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$920$1,180
 2 Bedroom Home or Apartment$1,630  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,400$1,860
 4 Bedroom Home or Apartment$2,650  Unlock$2,160
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 Vacant Housing
 Cary, NCMemphis, TNUnited States
 Vacant For Rent  Unlock4.0%1.9%
 Vacant Rented0.7%  Unlock0.4%
 Vacant For Sale  Unlock0.4%0.7%
 Vacant Sold0.1%  Unlock0.4%
 Vacant Vacation  Unlock0.3%3.6%
 Vacant Other1.1%  Unlock4.1%
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 Owner-Occupied Housing Value
 Cary, NCMemphis, TNUnited States
 Less Than $20,000  Unlock2.9%2.6%
 $20,000 to $39,9990.4%  Unlock2.4%
 $40,000 to $59,999  Unlock10.3%2.8%
 $60,000 to $79,9990.1%  Unlock3.9%
 $80,000 to $99,999  Unlock12.3%4.5%
 $100,000 to $149,9991.8%  Unlock11.3%
 $150,000 to $199,999  Unlock11.9%13.0%
 $200,000 to $299,99915.6%  Unlock20.1%
 $300,000 to $399,999  Unlock5.6%13.6%
 $400,000 to $499,99920.4%  Unlock8.3%
 $500,000 to $749,999  Unlock2.7%9.7%
 $750,000 to $999,9995.8%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.8%2.2%
 $1,500,000 to $1,999,9990.2%  Unlock0.8%
 $2,000,000 and over  Unlock0.3%1.1%
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 Housing Units By Year Built
 Cary, NCMemphis, TNUnited States
 2015 and Newer0.6%  Unlock0.2%
 2010 to 2014  Unlock6.3%13.6%
 2000 to 200923.6%  Unlock13.6%
 1990 to 1999  Unlock9.5%13.6%
 1980 to 198915.2%  Unlock13.2%
 1970 to 1979  Unlock17.9%14.8%
 1960 to 196927.7%  Unlock13.6%
 1950 to 1959  Unlock20.0%10.0%
 1940 to 19490.3%  Unlock4.7%
 1939 or Earlier  Unlock7.7%12.2%
Reviews for Cary    63 Reviews

Cary is up-and-coming “cool.” The downtown is revitalized and growing. The town takes urban planning very seriously. The home prices have definitely spiked in the last  More

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Over 8 years ago

I've lived in NY, CT, MA, and in Miami FL. Now here in Cary NC for the past 10 years. For what I want and need at this phase of my life, I really like it here! All the  More

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Over 8 years ago

As a Real Estate Agent, I consider Cary the most central location in the Triangle, it basically takes you twenty minutes to get to Chapel Hill, Carrboro, Hillsborough,   More

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Reviews for Memphis    148 Reviews

I was mugged my very first night in Memphis. They tried to take my iPhone. I was walking only a block from my house in a "safe" area, too.  More

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Memphis is a city with a history of civil rights, slavery , blues and rockn'roll music. It's a great place for a weekend getaway. This city has lots of great things to  More

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Over 5 years ago

Do you like being panhandled every 30 seconds? Love that cool ambiance of gangs? Are drugs your thing? Then you will love Memphis. Had good times here in the 90’s, the  More

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