Zip 27511 (Cary, NC) Housing

The housing market in 27511 Cary, NC is booming. Median home value in the area is $416,500, which is significantly higher than the US median house value of $338,100. Furthermore, over the past year, house appreciation rate in 27511 Cary, NC has grown by 15.26%, much higher than the national average of 8.27%. This demonstrates a strong and healthy real estate market with increasing property values in 27511 Cary, NC.

The median home cost in Cary (zip 27511) is $416,500. Home appreciation the last 10 years has been 108.1%. Home Appreciation in Cary (zip 27511) is up 25.0%.

Average Age of Homes

- The median age of Cary (zip 27511) real estate is 35 years old

The Rental Market in Cary (zip 27511)

- Renters make up 32.5% of the Cary (zip 27511) population
- 2.4% of houses and apartments in Cary (zip 27511), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Cary, North Carolina	United States
	14,023.0	139,647,020.0
	39	42
	$416,500	$338,100
	25.0%	16.6%
	72.1%	57.0%
	108.1%	101.1%
	$8.54	$10.98
	$2,611	$2,690
	63.5%	57.4%
	5.9%	11.2%
	30.6%	31.4%
Vacant Housing
	2.4%	1.9%
	0.3%	0.4%
	0.4%	0.7%
	0.5%	0.4%
	0.6%	3.6%
	1.8%	4.1%
Value of Owner-Occupied Housing
	2.1%	2.6%
	1.5%	2.4%
	0.2%	2.8%
	0.0%	3.9%
	0.8%	4.5%
	4.5%	11.3%
	10.2%	13.0%
	29.4%	20.1%
	24.3%	13.6%
	12.8%	8.3%
	9.1%	9.7%
	2.7%	3.9%
	1.3%	2.2%
	0.5%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	8.0%	13.6%
	8.0%	13.6%
	16.8%	13.6%
	25.9%	13.2%
	31.9%	14.8%
	16.8%	13.6%
	4.4%	10.0%
	0.5%	4.7%
	0.5%	12.2%

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