Is Cary, NC 27511 a buyer’s or seller’s market?
Cary is a seller’s market. With about 2.1 months of supply and 27% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 73% of U.S. ZIP codes, and #2 of 424 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Cary housing market right now
In the three months ending August 31, 2026, 27% of homes in Cary, NC 27511 sold above their list price, the typical home went under contract in 19 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 134 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (26% then), homes sold faster (24 days then) and the median sale price held steady to $559,758. Overall, Cary is about as competitive as it was a year ago.
Within Wake County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 93%. On our competition score, Cary ranks #2 of 424 NC ZIP codes with enough sales (score 70 out of 100).
Nearby, buyers who want less competition could look at Raleigh 27605 (4% sold over asking) or Raleigh 27601 (10% sold over asking), while Raleigh 27608 (32% sold over asking) and Cary 27518 (29% sold over asking) are even more competitive.
Run the numbers for 27511
Nearby markets
Apex 27502Seller’s market $241 /sq ftApex 27539Seller’s market $237 /sq ftCary 27513Seller’s market $258 /sq ftCary 27518Seller’s market $257 /sq ft Browse all markets →Towns like Cary nearby
Find towns like Cary in other states →Where Cary is
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Questions about Cary real estate
Is Cary a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in Cary, NC 27511 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Cary?
The typical home went under contract in 19 days in the latest three months.
Do homes in Cary sell over asking?
27% of homes sold above their original list price, and the typical sale closed at 99.4% of the list price.
What are property taxes in Cary?
About 0.71% of a home’s value a year in Wake County, or roughly $2,840 on a $400,000 home.
What is the median home price in Cary?
The median sale price was $559,758 in the three months ending August 31, 2026, about $286 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology