Cary Real Estate Market Overview
Public School Ranking:
Selling a House in Cary, NC
In the city of Cary, the median home value is $385,638. According to stats, the most financially beneficial time to sell a home is November. Sales during this month are 3.59% higher than the yearly average. If you’re more interested in a fast sale, sell during the month of July. During this month, home sales are 13 days quicker than the sales of any other month. With an iBuyer though, you could sell even quicker. iBuyers provide home owners with fast, all-cash offers. Unlike other real estate options, they can guarantee a seamless sale regardless of when it is you decide to sell. They even take care of open houses, cleaning, and the staging of your home.
Location & Weather
The majority of Cary can be found in Wake County, but some of its region stretches into the county of Chatham as well. Residents who live in Cary often commute to work in the neighboring cities of Raleigh, Durham, or Chapel Hill. This doesn’t diminish the job opportunities in the city as well though, as Nearby Research Triangle Park employs almost 40,000 people. Cary is also one of the safest places to live, both regionally and nationally. This is one of the many reasons this city has been identified as one of the best places in the country to live, work, raise a family, or even retire. Despite its small, suburban feel, it does have an active downtown as well. This area features shopping venues, restaurants and recreational opportunity. If you’re a sports fan, you’ll be happy to hear that this city is even home to tennis courts, the USA National Training Complex, and the WakeMed Soccer Park.
The weather here is made up of hot, muggy summers and chilly winters. During summer, high temperatures are in the 80’s and lows are in the 60’s. During winter, high temperatures are in the 50’s and lows are in the 30’s.
Population, Job Market & Cost of Living
The population in Cary is 175,102, and has a current growth rate of 2.02% annually. The job growth here has increased by 3.0% over the last year and in ten years, is predicted to have increased by 44.6%. Some of the biggest industries here include information technology, software, Smart Grid technology, biomedical and nanotechnology. The largest companies to work for in Cary are North Carolina State University, Cisco Systems, Duke University, IBM, and NVIDIA. The cost of living in this city is higher than the national average, which means Cary is a more expensive place to live.
As the job growth and population increases in this city, so does the city’s expansion. This is why it remains one of the most appealing places to live in the state of North Carolina.