Market Intelligence · NC / Cary

Cary, NC 27518 Housing Market

Homes in Cary 27518 have a typical value of $727,159, up 0.9% over the past year. The median list price sits at $711,250, with homes spending a median 28 days on market as of September 2026.

Updated September 2026Median value$727K

The median home value in Cary, NC 27518 is $727K as of September 2026, up 0.9% 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 27518 range

$669K to $785K

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

+0.9% over 12 months

Sep 2025$721K

Low $721KHigh $727K

Sep 2026$727K

The numbers

What is the 27518 housing market like?

As of September 2026

Typical home value

$727K

0.9%YoY

Median list price

$711K

4.4%MoM

Days on market

28.2%MoM

Homes for sale

40.6%MoM

Price cuts

25.7%

4.4%MoM

New listings

75.0%MoM

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

The outlook

27518 housing market forecast 2027

-0.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 27518 to fall 0.5% by September 2027.

Over the 12 months through September 2026, typical home values in 27518 rose 0.9%, per the Zillow Home Value Index.

Will home prices drop in 27518?

Zillow's forecast says they may: it expects typical home values in 27518 to fall 0.5% by September 2027, after a 0.9% rise 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 27518 home prices compare?

27518$727,159
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

As of September 2026, there are 45 homes for sale in this ZIP, with 28 new listings during the period. The median days on market of 28 suggests steady but unhurried buyer interest. A notable sign: 25.7% of listings have seen price cuts. Despite the modest 0.9% annual appreciation, the prevalence of price reductions indicates sellers may need to be realistic about expectations in this market.

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Down payment20% · $145,432

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Common questions

What people ask us.

What is the typical home value in Cary 27518?

The typical home value is $727,159 as of September 2026, representing a 0.9% increase over the past year.

How many homes are currently for sale in 27518?

There are 45 homes for sale as of September 2026, with 28 new listings in that period.

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

The median days on market is 28 as of September 2026.

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