Why Live in Downtown Cary
The Downtown Cary neighborhood of Cary blends urban and suburban living while maintaining a small-town atmosphere. This neighborhood features a mix of established homes, which often run from $275,000 to $575,000, and newer constructions, which can range from $875,000 to $1.6 million. The area is known for its limited housing availability due to high demand. Students can attend highly rated schools like Cary Elementary School, East Cary Middle School and Cary High School. Downtown Cary boasts a variety of attractions, including Downtown Cary Park, which combines modern design and recreational spaces. The Cary Regional Library holds book clubs, community programs and classes. Annual events include the Lazy Daze Arts & Crafts festival and Beyond: The Cary Film Festival, which is held at The Cary, a historic movie theater. Residents can get a bit to eat at Esteamed Coffee, Bond Brothers Beer Company and Ashworth Drugs, a counter-service eatery with hot dogs and malts. Grocery shopping can be done at Whole Foods or at the Cary Downtown Farmers Market. Durham is around 20 miles away and Raleigh roughly a 15-mile drive. The area is particularly convenient for people working at Research Triangle Park.
Frequently Asked Questions
Is Downtown Cary a good place to live?
Downtown Cary is a good place to live. Downtown Cary is considered somewhat walkable and bikeable with some transit options. Downtown Cary is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Downtown Cary has 7 parks for recreational activities. It is sparse in population with 1.9 people per acre and a median age of 39. The average household income is $120,223 which is above the national average. College graduates make up 57.6% of residents. A majority of residents in Downtown Cary are home owners, with 43.7% of residents renting and 56.3% of residents owning their home. A
local real estate agent serving Downtown Cary can help you decide if this neighborhood is the right one for you. Learn more on our
Downtown Cary neighborhood guide.
Is Downtown Cary, NC a safe neighborhood?
Downtown Cary, 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 Downtown Cary?
The median home price in Downtown Cary is $1,390,000. If you put a 20% down payment of $278,000 and had a 30-year fixed mortgage with an interest rate of 6.53%, your estimated principal and interest payment would be $7,050 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $302K a year to afford the median home price in Downtown Cary. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Downtown Cary is $120K.
What are the best public schools in Downtown Cary?
The best public schools that serve Downtown Cary are:
What are the best private schools in Downtown Cary?
The best private schools that serve Downtown Cary are:
- Cary Academy has an A+ Niche grade, a student teacher ratio of 8:1 and an average review score of 4.2.
- Cary Christian School has an A Niche grade, a student teacher ratio of 17:1 and an average review score of 4.5.
- St. Michael Catholic School has an A Niche grade, a student teacher ratio of 15:1 and an average review score of 4.2.
What are the most popular zip codes in Downtown Cary, Cary, NC?
What are the most popular neighborhoods near Downtown Cary, Cary, NC?
Are home prices dropping in Downtown Cary?
Yes, home prices in Downtown Cary are down 1% in the last 12 months.
Home Trends in Downtown Cary, NC
On average, homes in Downtown Cary, Cary sell after 19 days on the market compared to the national average of 58 days. The median sale price for homes in Downtown Cary, Cary over the last 12 months is $818,656, down 25% from the median home sale price over the previous 12 months.
Median Sale Price
$818,656
Median Single Family Sale Price
$818,656
Median Townhouse Sale Price
$1,562,500
Average Price Per Sq Ft
$515
Number of Homes for Sale
1
Last 12 months Home Sales
6
Median List Price
$1,390,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-25%