The story of this market
The typical home in ZIP 27513 sells for about $529,843, or $262 per square foot.
Prices are down 7.2% from a year ago, which gives buyers more room to negotiate. Homes take about 18 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,617 a month.
ZIP 27513 — Cary
The 27513 housing market is currently experiencing a period of price stabilization, with a year-over-year decline of 7.2% in median sale prices. While demand remains competitive, the market has shifted toward a more balanced environment for buyers and sellers compared to previous years. High interest rates and inventory levels are the primary drivers of current market conditions.
This ZIP is ideal for families and professionals seeking a balance of suburban tranquility, high-quality schools, and convenient access to major regional employment centers.
Median prices moved down 7.2% year over year.
Homes spend a median of 18 days on market with 3.5 months of supply — a fast-moving market.
31% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 5.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 27513, Wake County NC
Cary is consistently ranked as one of the safest cities in the United States, with crime rates significantly lower than both the North Carolina and national averages.
The area is served by the Wake County Public School System, which is highly regarded for its academic performance and diverse educational programs.
The area faces moderate risks related to severe thunderstorms and occasional tropical weather impacts, with standard flood and wind insurance coverage recommended.
Located in the heart of the Research Triangle, the area benefits from proximity to major technology, healthcare, and research employers, driving steady economic momentum.
Property taxes are assessed by Wake County and the Town of Cary, with rates determined by the combined municipal and county millage; no state-level property tax is levied.
Residents benefit from excellent access to I-40 and NC-54, providing efficient transit to major employment hubs in Research Triangle Park and downtown Raleigh.
The area features extensive greenway systems, Bond Park, and proximity to Lake Crabtree, alongside numerous shopping centers and dining districts.
The rental market remains stable with moderate vacancy pressure, supported by a mix of long-term residents and professionals drawn to the Research Triangle.
The economy is anchored by the Research Triangle Park, with major sectors including technology, life sciences, and education, providing a robust employment base.
The area is served by a network of major highways including I-40 and I-540, with public transit provided by GoCary bus services.
Ongoing development focuses on high-density mixed-use projects near the downtown core and transit corridors.
Parcels are subject to Wake County property taxes and Cary municipal taxes, with no significant MUD/PID districts reported.
Property insurance premiums are stable, though hazard coverage for wind and storm damage is standard for the region.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Frankie's of Raleigh4.47.4 mi
- Dave & Buster's Cary43.1 mi
- Happy Feet Planet Apex4.77.9 mi
- Urban Air Trampoline and Adventure Park4.12.8 mi
- RushHour Karting4.52.9 mi
- Lenovo Center4.53.4 mi
- North Carolina Museum of Art4.84.4 mi
- North Carolina State Fair4.43.9 mi
- Atlantic Union Bank Convention Center4.68.3 mi
- Coastal Credit Union Music Park at Walnut Creek4.412.2 mi
- North Carolina Museum of Natural Sciences4.88.3 mi
- North Carolina Museum of Art4.84.4 mi
- Downtown Cary Park4.82 mi
- Dix Park4.77.8 mi
- Pullen Park4.77.1 mi
- North Carolina Museum of Natural Sciences4.88.3 mi
- North Carolina Museum of Art4.84.4 mi
- Museum of Life and Science4.716.3 mi
- Marbles Kids Museum4.88.5 mi
- Duke University Chapel4.915.8 mi
- North Carolina Museum of Art4.84.4 mi
- Downtown Cary Park4.82 mi
- Dix Park4.77.8 mi
- Pullen Park4.77.1 mi
- Pleasant Park4.79.5 mi
- Topgolf3.85.5 mi
- Drive Shack4.72.5 mi
- Knights Play Golf Center4.37.1 mi
- Prestonwood Country Club4.73.3 mi
- Pin Point Indoor Pickleball & Golf4.69 mi
- Crabtree4.46 mi
- H Mart Cary4.64.1 mi
- The Streets at Southpoint4.511 mi
- Triangle Town Center4.212.1 mi
- State Farmers Market4.77.5 mi
- Raleigh-Durham International Airport4.44.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
One of the largest municipal parks in Wake County, featuring trails, a lake, and athletic facilities.
A major redevelopment site currently undergoing transformation into a mixed-use destination.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).