$793,539Average Value$366Average Price per Sq Ft6Homes For Sale
Suburban living outside of The Triangle
With abundant new construction to keep up with housing demands, the unincorporated community of Carpenter seems aptly-named for its recent growth. It consists of multiple subdivisions, including Olde Carpenter Townhomes and the more established Carpenter Village. “A lot of people are downsizing from the north and moving here,” says Carrie Guerreiro, a broker with Hearthstring Realty who has been selling homes in the Cary area for seven years. “They want a better climate and access to the beach and the mountains, and there’s a lot of job growth in the Triangle.” The master-planned community has a CAP Index score of 3 compared to the national average of 4. Meticulously-planned, walkable suburban streets, and close proximity to Raleigh and Durham make Carpenter a high-demand neighborhood of convenient living.
Abundant new construction is taking place all over the Carpenter neighborhood.
Many homes in Carpenter are new traditional-style homes.
Residents of Carpenter Village within the Carpenter neighborhood can enjoy a gazebo by the pond.
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Styles unique to each subdivision
Much of the new construction that drives the market are townhouses or row homes, and two- to three-bedroom units that sell for around $350,000 to $650,000. Most of the subdivisions are well-planned and self-contained, with sidewalks, abundant streetlights and well-kept lawns. Carpenter Village is an older section of Cary, mostly built in the late 90s to early 00s. It features Charleston- and Colonial-style homes with details like balconies, wrap-around front porches and large windows. In the Cameron Pond subdivision, single-family homes built in the early 2010s are larger, usually with four or more bedrooms, and sell for more than $1 million. “All the homes were built by custom builders,” says Nicole Mudd, a Cameron Pond resident and Realtor with Premier Agents Network. New homes similar in size and price range are found in the Wellfield subdivision. Carpenter is also home to Blakeley, a 55+ active adult community.
Stone accents provide a sleek look to newly built homes in the Carpenter neighborhood.
Newly-built town houses with 2- to 3-bedrooms may sell for around $500,000-$550,000,
Condominiums are also popular in the Carpenter community.
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Wake County schools get straight As in Carpenter
Receiving an A-minus on Niche, Carpenter Elementary School has a 14-to-1 student-teacher ratio. Alston Ridge Middle School is graded with an A and ranked the 19th best public middle school in North Carolina on Niche. Wake County schools often have an attendance cap and students are assigned to an overflow school. They may attend Panther Creek High, ranked the 11th best public high school in North Carolina and has an A-plus rating. The overflow school is Green Hope High, rated no. 12 with an A-plus grade. “People pick this area for the schools,” says Guerreiro.
Panther Creek High School is a public high school located in Cary, NC.
Alston Ridge Middle is a public school located in Cary, NC.
Carpenter Elementary School serves students in Carpenter from preschool through fifth grade.
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Green spaces, greenways and community gardens
Carpenter Park has 16 acres, with a playground, basketball and pickleball courts and walking trails around a central pond. The park houses the Carpenter Community Garden, with 50 plot renters each year. “There are lots of greenway trails,” Mudd says. “There is probably more than one lake with trails that connect to the greenway that you can walk around.” On the western side of the Carpenter neighborhood, Panther Creek Greenway connects to neighboring areas such as Cary Park and nearby Mills Park schools. On the eastern side, Hatcher Creek Greenway provides a trail to Morrisville Community Park. Some subdivisions have their own amenities, residents of Carpenter Village can go for a swim at their outdoor pool or enjoy a game on the tennis and sand volleyball courts.
Carpenter residents can enjoy the basketball, tennis, and pickleball courts at Carpenter Park.
The pond at Carpenter Village in the Carpenter neighborhood has a greenway trail for residents.
The Hatcher Creek Greenway Bridge crosses into the Carpenter neighborhood.
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Carpenter Farm Supply: not just for farmers
Some parts of the neighborhood form the Carpenter Historic District, added to the National Register of Historic Places in 2000. The historic Carpenter Farm Supply Co. has been serving the community since 1885, and is still a favorite among residents for farm supplies, household necessities and even old-fashioned snacks and sodas. At the eastern end of the neighborhood, just across the border to Morrisville a Walmart provides access to groceries and household essentials. A Food Lion off of Morrisville-Carpenter Road offers residents another option when stocking their pantries. Fast food options like Taco Bell ranging to local chains, including Mi Cancun Mexican Restaurant, are in the same plaza and across the street. Located in Carpenter Village, Blue Fox Indian Cuisine serves homemade, authentic soul food.
Carpenter Farm Supply Company, has been serving the community since 1885.
Some parts of the neighborhood form the Carpenter Historic District.
Old barns sit in fields in the Carpenter community.
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Local farms and nightlife downtown
B&B Theatres over in Morrisville, 3.5 miles away, shows all the new releases, but Phillip Farms provides screen-free fun. “It’s got a lot of activities going on and everyone’s there,” Mudd says. “Particularly in the fall for all of the hayrides, pumpkins and games.” For exciting nightlife, residents tend to make the 15-minute, 6.5-mile trek into downtown Cary for access to museums and music venues. They can stop by the Page-Walker Arts & History Center, housed in a converted historic hotel, to check out an art exhibit or learn about herbal medicine in their educational gardens.
The West Regional Library offers a wide variety of books for Carpenter residents to choose from.
The historic Page-Walker Arts & History Center is a perfect location for weddings.
The Cary is a 175-seat art house theater that offers independent films, classic cinema.
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Catch a flight at the Raleigh-Durham International Airport
The residential, suburban nature of Carpenter means there’s little transit that serves the neighborhood. The area is walkable, with sidewalks along most of the roads. The major thoroughfare of NC 540 serves as the neighborhood’s western boundary and makes it easy for residents to reach Interstate 40, which will connect them to Raleigh within around 10 miles. The Raleigh-Durham International Airport is about 7 miles from the neighborhood and will take residents around 15 minutes. Residents can access care at WakeMed Cary Hospital, which is 9.5 miles away and will take residents around 20 minutes.
NC 540 is the major highway that runs through the Carpenter community.
RDU airport is only a few miles from the Carpenter Historic District.
Raleigh is a 10 minute drive from the Carpenter neighborhood down I-40.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Lisa Hayes,
an experienced agent in this neighborhood.
Parks in this Area
Grace Park Greenway
Trails
Sears Farm Road Park
Basketball
Picnic Area
Trails
Patriot's Playground
Playground
Morrisville Community Park
Baseball/Softball
Picnic Area
Playground
Carpenter Park
Basketball
Picnic Area
Trails
Cary Tennis Park
Tennis
Trails
Pickleball
Transit
Airport
Raleigh-Durham International
16 min drive
Crime and Safety
1 - Low Crime, 10 - High Crime
Carpenter
US
Homicide
2
4
Sexual Assault
3
4
Assault with Weapon
1
4
Robbery
2
4
Burglary
3
4
Motor Vehicle Theft
3
4
Larceny
4
4
Crime Score
3
4
Source: WhatIsMyCrimeRisk.com
Carpenter Demographics and Home Trends
On average, homes in Carpenter, Cary sell after 96 days on the market compared to the national average of 70 days. The median sale price for homes in Carpenter, Cary over the last 12 months is $512,000, up 54% from the median home sale price over the previous 12 months.
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ONE-LEVEL PENTHOUSE-STYLE CONDO in Prime Cary Location!Experience luxury living with elevator access to secured garage parking—plus plenty of guest parking for visitors!Step inside to find 3 spacious bedrooms, 2 full baths, and a convenient powder room—perfect for entertaining. This condo shines with designer lighting, upgraded trim, and thoughtfully curated finishes
Now offering a $10,000 buyer credit—use it toward upgrades of your choice, like fresh paint, new flooring, or landscaping enhancements.Discover exceptional space and flexibility in one of West Cary’s most desirable neighborhoods, just minutes from Northwest Cary YMCA, local parks, and top-rated schools. With over 4,700 square feet across three finished levels—including a finished basement
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Stunning Charleston-style home in desirable Carpenter Village featuring a charming front porch, 2nd-floor balcony, and a pebblestone patio all surrounded by lush landscaping. Inside boasts hardwood floors, a two-story family room with gas fireplace and wet bar, formal dining room and home office with crown molding and wainscoting, and a main-floor guest suite. The kitchen offers crowned
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Interested in learning more about homes in this area?
Reach out to
Lisa Hayes,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
6,926
Median Age
40
Population Density
7 ppl/acre
Population under 18
28.4%
On par with the national average
23.8%
Population over 65
10.5%
Below the national average
19.1%
Finances
Median Household Income
$181,384
Significantly above the national average
$71,702
Average Household Income
$194,447
Education and Workforce
High School Graduates
94.4%
College Graduates
77.4%
Significantly above the national average
34.1%
Advanced Degrees
40.7%
Significantly above the national average
13.3%
% Population in Labor Force
73.4%
Weather
Annual Precipitation
46''
Average Winter Low Temperature
32°F
Average Summer High Temperature
90°F
Annual Snowfall
3''
Area Factors
Somewhat Bikeable
Bike Score®
36/ 100
Car-Dependent
Walk Score®
18/ 100
Minimal Transit
Transit Score®
0/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
