Market Intelligence · NC / Cary

Cary, NC 27511 Housing Market

The typical home in Cary, NC 27511 is worth $491,833, down 1.0% over the past year. The median list price stands at $582,500, with homes spending a median of 57 days on the market as of September 2026.

Updated September 2026Median value$492K

The median home value in Cary, NC 27511 is $492K as of September 2026, down 1.0% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 27511 range

$452K to $531K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.0% over 12 months

Sep 2025$497K

Low $490KHigh $497K

Sep 2026$492K

The numbers

What is the 27511 housing market like?

As of September 2026

Typical home value

$492K

1.0%YoY

Median list price

$583K

2.1%MoM

Days on market

5.6%MoM

Homes for sale

7.2%MoM

Price cuts

22.3%

10.9%MoM

New listings

35.7%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

27511 housing market forecast 2027

-0.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 27511 to fall 0.6% by September 2027.

Over the 12 months through September 2026, typical home values in 27511 fell 1.0%, per the Zillow Home Value Index.

Will home prices drop in 27511?

Zillow's forecast says they may: it expects typical home values in 27511 to fall 0.6% by September 2027, after a 1.0% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 27511 home prices compare?

27511$491,833
Cary$621,326
North Carolina$284,347
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Cary: 4 ZIPs; North Carolina: 718 ZIPs; United States: 26,262 ZIPs).

Context

Cary's market is moderating after recent appreciation. There are 89 homes for sale with 38 new listings in September 2026, indicating steady inventory flow. The median time on market of 57 days reflects a market that is neither rushing nor stalling. Nearly a quarter of listings, 22.3%, have seen price reductions. For sellers, this suggests a slower pace than recent years, so pricing strategy and realistic expectations matter.

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Down payment20% · $98,367

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Common questions

What people ask us.

How much is a home in Cary 27511 worth?

The typical home value in Cary 27511 is $491,833 as of September 2026, down 1.0% over the past year.

How long do homes stay on the market in this ZIP?

Homes in Cary 27511 spend a median of 57 days on the market.

How many homes are for sale in Cary 27511?

As of September 2026, there are 89 homes for sale in this ZIP, with 38 new listings.

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