Zip 27518 (Cary, NC) Housing

The housing market in 27518 Cary, NC is quite impressive. The median value of housing in the area is $620,500, which is much higher than the US median value of $338,100. According to recent statistics, the US median house appreciation rate over the past year was 8.27%, while the house appreciation rate in 27518 Cary was 15.26%. This indicates that there has been significant growth in property values in this area over the past year, making it an attractive place to invest or live.

The median home cost in Cary (zip 27518) is $620,500. Home appreciation the last 10 years has been 108.1%. Home Appreciation in Cary (zip 27518) is up 25.0%.

Average Age of Homes

- The median age of Cary (zip 27518) real estate is 21 years old

The Rental Market in Cary (zip 27518)

- Renters make up 31.8% of the Cary (zip 27518) population
- 5.3% of houses and apartments in Cary (zip 27518), 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
	9,039.0	139,647,020.0
	24	42
	$620,500	$338,100
	25.0%	16.6%
	72.1%	57.0%
	108.1%	101.1%
	$8.97	$10.98
	$4,090	$2,690
	58.9%	57.4%
	8.8%	11.2%
	32.3%	31.4%
Vacant Housing
	5.3%	1.9%
	1.4%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	0.1%	3.6%
	1.3%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.2%	2.4%
	0.6%	2.8%
	0.4%	3.9%
	0.0%	4.5%
	1.3%	11.3%
	1.4%	13.0%
	4.7%	20.1%
	23.2%	13.6%
	32.2%	8.3%
	27.4%	9.7%
	4.9%	3.9%
	2.7%	2.2%
	0.2%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	1.6%	0.2%
	22.2%	13.6%
	22.2%	13.6%
	44.7%	13.6%
	14.8%	13.2%
	1.0%	14.8%
	44.7%	13.6%
	0.1%	10.0%
	0.0%	4.7%
	0.2%	12.2%

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