What Is The Average Home Price In Cary NC?
Cary NC is a town located in The Research Triangle Park of North Carolina. Because it is one of the fastest-growing municipalities in the US, many people are interested in finding out why so many are drawn to the area. Aside from the fact that the Research Park offers countless job and educational opportunities, the area boasts tons of attractions, entertainment, shopping, and dining. But if you are thinking about relocating to the city, you might be curious about home prices in the area? What is the average home price in Cary NC? Let’s find out!
Before we talk about prices, you should know that Cary is one of the hottest towns in the East. Its neighborhoods are continuously growing, and they offer top amenities for all residents. Everyone can feel at home in the sprawling communities of Cary NC, which provide a high quality of living. The city is continuously building and developing to accommodate its growing population and ensure that everyone can live comfortably within its borders.
Because the city excels in many aspects, and because it is one of the safest towns in the US, the cost of living in Cary NC is higher compared to neighboring cities. The cost of living is about 15% higher than the national average. Most notably, home prices in Cary NC, are situated in the upper range, and home types range from single-family homes to condos and townhomes.
According to Zillow, the most recent data shows that the median home value in Cary North Carolina is around $400,000. Compared to the national median home value of $230,000, home prices in Cary are about 57% higher. Even though home prices are slightly higher than you might expect, many people argue that the benefits of living in Cary NC offset the expensive housing market.
The city's safety, along with the family-friendly environment, makes it a great place to raise a family. The extensive research park offers countless job opportunities and high pay that compensates for the increased expenses. With the help of professional realtors in Cary NC you can easily get into the housing market and find the options that suit you best. After you landed a great deal on your dream home, you can enjoy the quality of life provided by one of the best towns in the US.
Popular Real Estate Questions
Popular Real Estate Glossary Terms
Characteristic of a trust that prevents the invasion of its principal by the trustees while providing a lifetime income to its principal beneficiary with the rest going to the son's ...
Same as term financial institutions and markets: Institutions acting as intermediaries between suppliers and users of money. The financial markets are where those wanting funds are matched ...
External top of a structure such as for an office building or house. ...
To default on a loan means to intentionally or unintentionally miss several consecutive monthly payments over the course of a few weeks or months. Most borrowers learn the definition of ...
Special court for the purpose of providing fast, inexpensive and informal settlement of small financial claims between plaintiff and defendant. The parties represent themselves. A landlord ...
Appropriateness of the soil for the designated purposes. An example is soil suitable for the growing of vegetables and fruit, or grazing for horses. ...
Early American architecture modeled after the English Georgian architecture having two or three stories with a rectangular design and ample ornamentation often including a widow's walk. ...
See annuity due. ...
Listing of the names of tenants, apartments, or office numbers, and monthly rentals. ...
Have a question or comment?
We're here to help.