GROUNDED DATA PROTOCOL:
Manual audit of Active Single-Family detached inventory only.
| Zip | Avg Price | Med Price | Avg DOM | Med DOM |
|---|---|---|---|---|
| 27511 | $655,420 | $567,500 | 33 Days | 6 Days |
| 27513 | $727,748 | $650,000 | 17 Days | 6 Days |
| 27518 | $869,501 | $755,000 | 15 Days | 6 Days |
| 27519 | $876,285 | $815,000 | 22 Days | 12 Days |
Grounded Perspective
Pricing: Average prices consistently exceed median values across the Cary Core, with the most significant disparity found in 27511 where the average is over $280,000 higher than the median. The 27519 zip code represents the highest entry point in this set with a median price of $832,500, while 27511 remains the most accessible at $621,000. This pricing structure indicates a market heavily influenced by a high-end tier of detached resales that pull regional averages upward.
Velocity: Market velocity is exceptionally high across most of the Cary Core, with 27511, 27513, and 27518 all sharing a rapid median of 6 days on market. The 27519 zip code represents the slower end of this active spectrum with a median duration of 12 days. The typical regional rhythm is characterized by immediate buyer engagement, with the majority of inventory transitioning to pending status in approximately one week.
The Bottom Line
The pending inventory for the Cary Core indicates a highly competitive market for established detached homes, with median prices firmly anchored between $567,500 and $815,000. Despite variations in pricing tiers, the extremely low median days on market across three of the four zip codes signal robust demand and limited standing inventory. This region remains a primary target for buyers seeking established neighborhoods, resulting in a swift and steady market pace.