Why Live in Carpenter
Carpenter, an unincorporated community near Cary, is experiencing significant growth and the construction of townhouses and row homes that often range from $350,000 to $650,000. The neighborhood's subdivisions, like Olde Carpenter Townhomes and Carpenter Village, can feature Charleston- and Colonial-style homes with balconies and wrap-around porches. These homes can sell for $1 million or more, and residents get access to amenities like outdoor pools and tennis and sand volleyball courts. The area is also home to Blakeley, a 55+ community. Students can attend Carpenter Elementary School, Alston Ridge Middle School, Panther Creek High, and Green Hope High, which are highly rated. Carpenter Park features a playground, basketball and pickleball courts and walking trails that encircle a central pond. The neighborhood also has greenway trails, including Panther Creek Greenway and Hatcher Creek Greenway, that connect to nearby green spaces and schools. Entertainment options include Phillip Farms, known for fall activities like hayrides and games, and B&B Theatres in nearby Morrisville, which screens new-release films. The Carpenter Historic District, added to the National Register of Historic Places in 2000, includes the Carpenter Farm Supply Co., where people can purchase household necessities. For shopping, residents have access to Walmart and Food Lion, while dining options range from fast food chains to local favorites like Blue Fox Indian Cuisine, a soul food spot. Downtown Cary is roughly 6.5 miles away, and Raleigh and Raleigh-Durham International Airport are around 7 miles away.
Frequently Asked Questions
Is Carpenter a good place to live?
Carpenter is a good place to live. Carpenter is considered very car-dependent and somewhat bikeable with minimal transit options. Carpenter is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Carpenter has 6 parks for recreational activities. It is somewhat dense in population with 6.0 people per acre and a median age of 40. The average household income is $194,447 which is above the national average. College graduates make up 77.4% of residents. A majority of residents in Carpenter are home owners, with 34% of residents renting and 66% of residents owning their home. A
local real estate agent serving Carpenter can help you decide if this neighborhood is the right one for you. Learn more on our
Carpenter neighborhood guide.
Is Carpenter, NC a safe neighborhood?
Carpenter, NC is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Carpenter?
The median home price in Carpenter is $629,900. If you put a 20% down payment of $126,000 and had a 30-year fixed mortgage with an interest rate of 6.21%, your estimated principal and interest payment would be $3,090 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $132K a year to afford the median home price in Carpenter. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Carpenter is $194K.
What are the best public schools in Carpenter?
The best public schools that serve Carpenter are:
- Green Level High School has an A+ Niche grade, a student teacher ratio of 20:1 and an average review score of 4.4.
- Green Hope High has an A+ Niche grade, a student teacher ratio of 18:1 and an average review score of 4.0.
- Panther Creek High School has an A+ Niche grade, a student teacher ratio of 22:1 and an average review score of 3.9.
What are the best private schools in Carpenter?
The best private schools that serve Carpenter are:
What are the most popular zip codes in Carpenter, Cary, NC?
What are the most popular neighborhoods near Carpenter, Cary, NC?
Are home prices dropping in Carpenter?
Yes, home prices in Carpenter are down 10% in the last 12 months.
Home Trends in Carpenter, NC
On average, homes in Carpenter, Cary sell after 52 days on the market compared to the national average of 53 days. The median sale price for homes in Carpenter, Cary over the last 12 months is $592,950, down 5% from the median home sale price over the previous 12 months.
Median Sale Price
$592,950
Median Single Family Sale Price
$719,000
Median Townhouse Sale Price
$569,900
Average Price Per Sq Ft
$253
Number of Homes for Sale
14
Last 12 months Home Sales
97
Median List Price
$629,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-5%