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Cary, NC Housing

 
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As of 2010-2014, median price of a house in Cary is $301,600, which is much higher than the state average of $153,600 and is much higher than the national average of $175,700. The Cary median house value has grown by 53.33% since 2000. The growth rate for the price of a house in Cary is higher than the state average rate of 41.83% and is higher than the national average rate of 46.91%. The median year that a house in Cary was built is 1995, which is newer than the median year for a house built in the state which is 1986 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 37,073 Owner Occupied Houses in Cary, NC, #45
Cary, NC
301,600 USD
North Carolina
153,600 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #200
Cary, NC
53.33%
North Carolina
41.83%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Cary, NCNorth CarolinaU.S.
Total Housing Units56,876, see rank, 100%4,385,668132,741,033
Occupied Housing Units53,975, 94.90%, see rank85.34%87.55%
Owner Occupied37,073, 65.18%, see rank56.13%56.34%
Renter Occupied16,902, 29.72%, see rank29.20%31.21%
Vacant Housing Units2,901, 5.10%, see rank14.66%12.45%
For Rent933, 1.64%, see rank2.65%2.34%
For Sale Only410, 0.72%, see rank1.41%1.20%
Rented or Sold, Not Occupied512, 0.90%, see rank0.78%0.92%
For Seasonal, Recreational, or Occasional Use285, 0.50%, see rank4.81%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant761, 1.34%, see rank4.98%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #52
Cary, NCNorth CarolinaU.S.
199519861976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Cary, NC%North CarolinaU.S.
Owner-Occupied Units37,073100%2,461,74174,787,460
With a Mortgage29,36479.21%, see rank66.10%65.58%
Without a Mortgage7,70920.79%, see rank33.90%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Cary, NC
1,838 USD
North Carolina
1,272 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsCary, NC%North CarolinaU.S.
$299 or Less180.06%, see rank0.29%0.20%
$300 to $4991990.68%, see rank2.34%1.59%
$500 to $6994641.58%, see rank6.85%5.01%
$700 to $9992,1477.31%, see rank20.33%14.32%
$1,000 to $1,4996,49122.11%, see rank34.42%27.90%
$1,500 to $1,9997,76626.45%, see rank18.69%20.35%
$2,000 to $2,9998,75429.81%, see rank12.57%19.52%
$3,000 or More3,52512.00%, see rank4.51%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Cary, NC
18.80% of the Total Income
North Carolina
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Cary, NC%North CarolinaU.S.
10% or Less2,4048.19%, see rank6.41%5.86%
10% to 20%13,92147.41%, see rank34.98%31.95%
20% to 30%7,26224.73%, see rank27.06%27.64%
30% to 40%2,3768.09%, see rank12.56%13.74%
40% or More3,25011.07%, see rank18.39%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Cary, NC
543 USD
North Carolina
373 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsCary, NC%North CarolinaU.S.
$199 or Less881.14%, see rank10.23%7.76%
$200 to $2994075.28%, see rank21.81%14.70%
$300 to $4992,69234.92%, see rank41.59%34.63%
$500 to $6992,85437.02%, see rank16.79%21.16%
$700 or More1,66821.64%, see rank9.58%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Cary, NC
10.00% of the Total Income
North Carolina
11.90% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Cary, NC%North CarolinaU.S.
10% or Less4,92763.91%, see rank41.92%40.19%
10% to 20%1,74922.69%, see rank31.16%31.47%
20% to 30%4856.29%, see rank12.06%12.24%
30% to 40%1742.26%, see rank5.28%5.64%
40% or More3094.01%, see rank8.16%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Cary, NCNorth CarolinaU.S.
Total Housing Units56,876, 100%4,385,668132,741,033
1-unit, Detached35,608, 62.61%, see rank65.33%61.65%
1-unit, Attached5,667, 9.96%, see rank3.82%5.82%
2 Units380, 0.67%, see rank2.14%3.75%
3 or 4 Units1,184, 2.08%, see rank2.74%4.43%
5 to 9 Units3,707, 6.52%, see rank4.44%4.78%
10 or More Units9,799, 17.23%, see rank7.98%13.08%
Mobile Home, Boat, RV, Van, etc.531, 0.93%, see rank13.55%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Cary, NCNorth CarolinaU.S.
Total Housing Units56,876, 100%4,385,668132,741,033
1 Room292, 0.51%, see rank1.18%1.95%
2 Rooms938, 1.65%, see rank1.51%2.48%
3 Rooms4,804, 8.45%, see rank6.93%9.13%
4 Rooms7,541, 13.26%, see rank17.44%16.60%
5 Rooms7,161, 12.59%, see rank23.63%20.41%
6 Rooms6,804, 11.96%, see rank18.81%18.06%
7 Rooms6,811, 11.98%, see rank12.36%12.27%
8 Rooms6,330, 11.13%, see rank8.08%8.48%
9 Rooms or More16,195, 28.47%, see rank10.08%10.60%
Median Rooms6.60, see rank5.505.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Cary, NCNorth CarolinaU.S.
Total Housing Units56,876, 100%4,385,668132,741,033
No Bedroom307, 0.54%, see rank1.26%2.17%
1 Bedroom5,016, 8.82%, see rank6.61%11.16%
2 Bedrooms12,286, 21.60%, see rank26.47%26.69%
3 Bedrooms17,621, 30.98%, see rank47.54%39.70%
4 Bedrooms15,015, 26.40%, see rank14.55%16.05%
5 or More Bedrooms6,631, 11.66%, see rank3.57%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Cary, NCNorth CarolinaU.S.
Total Housing Units53,975, 100%3,742,514116,211,092
Utility Gas30,785, 57.04%, see rank24.68%48.85%
Bottled, Tank, or LP Gas797, 1.48%, see rank8.00%4.86%
Electricity22,228, 41.18%, see rank60.27%36.68%
Fuel Oil, Kerosene, etc.94, 0.17%, see rank4.34%5.86%
Coal or Coke0, 0.00%, see rank0.01%0.12%
Wood15, 0.03%, see rank2.17%2.12%
Solar Energy0, 0.00%, see rank0.03%0.05%
Other Fuel23, 0.04%, see rank0.15%0.47%
No Fuel Used33, 0.06%, see rank0.35%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalCary, NCNorth CarolinaU.S.
Occupied Units Paying Rent16,617, 100%1,186,63139,201,928
$199 or Less22, 0.13%, see rank1.77%1.50%
$200 to $29947, 0.28%, see rank3.01%3.18%
$300 to $499173, 1.04%, see rank9.02%7.37%
$500 to $699987, 5.94%, see rank23.78%16.01%
$700 to $9996,967, 41.93%, see rank35.90%29.17%
$1,000 to $1,4996,236, 37.53%, see rank21.06%26.88%
$1,500 to $1,9991,549, 9.32%, see rank3.82%9.79%
$2,000 or More636, 3.83%, see rank1.64%6.10%
Median$1,006, see rank$790$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Cary, NCNorth CarolinaU.S.
Occupied Housing Units53,975, 100%3,742,514116,211,092
No Vehicles Available1,454, 2.69%, see rank6.54%9.12%
1 Vehicles Available16,036, 29.71%, see rank32.77%33.80%
2 Vehicles Available26,905, 49.85%, see rank38.61%37.48%
3 or More Vehicles Available9,580, 17.75%, see rank22.08%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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