The story of this market
The typical home in ZIP 27519 sells for about $695,323, or $248 per square foot.
Prices are down 2.2% from a year ago, which gives buyers more room to negotiate. Homes take about 51 days to sell. HUD's fair market rent for a two-bedroom is $1,952 a month.
ZIP 27519 — Cary
The 27519 housing market remains robust, supported by high household incomes and a highly educated workforce, though year-over-year price growth has moderated. Inventory levels are sufficient to meet demand, and the market is currently characterized by a balanced pace of sales. The area's strong economic ties to the Research Triangle Park continue to drive long-term interest from professional buyers.
This ZIP is ideal for high-earning families and tech professionals who prioritize top-tier schools, safety, and proximity to the Research Triangle Park employment hub.
Median prices moved down 2.2% year over year.
Homes spend a median of 51 days on market with 6.0 months of supply — a balanced-paced market.
67% of listings have cut prices · homes sell at 98% of asking — demand is cooling.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.7% · poverty 4.4% — a stable, low-distress profile.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 27519, Wake County NC
Crime rates in Cary are consistently reported as significantly lower than both the North Carolina and national averages, with the area maintaining a reputation as one of the safest communities in the region.
The area is served by the Wake County Public School System, which is highly regarded for its academic performance and consistently high ratings across elementary, middle, and high school levels.
The region faces moderate risks from severe thunderstorms and occasional tropical weather impacts, though it is generally outside high-risk flood zones; property insurance remains stable but reflects regional climate-risk adjustments.
The area benefits from its proximity to the Research Triangle Park, driving strong economic momentum through technology, life sciences, and corporate headquarters, supported by ongoing infrastructure investments.
Property taxes are assessed by Wake County and the Town of Cary, with rates determined by the combined municipal and county millage; there are no state-level property taxes, and exemptions exist for homesteads and seniors.
Residents benefit from proximity to I-40 and NC-540, providing efficient access to the Research Triangle Park and downtown Raleigh, though peak-hour congestion is common.
The ZIP features extensive access to the American Tobacco Trail, numerous municipal parks like the Cary Tennis Park, and proximity to Jordan Lake for outdoor activities.
The rental market is characterized by high demand driven by the professional workforce, with rent trajectories showing steady growth and low vacancy pressure compared to the broader metro area.
The economy is anchored by the Research Triangle Park, with a heavy concentration of jobs in technology, biotechnology, and education, supported by major employers in the Raleigh-Cary metro area.
The area is primarily car-dependent, served by a network of major highways including I-40 and NC-540, with limited public transit options compared to urban cores.
Development is focused on high-density mixed-use projects and residential expansion along the NC-540 corridor to accommodate continued population growth.
Wake County utilizes an annual assessment process to determine property values based on market data, with revaluations occurring periodically to reflect current market conditions.
Parcels in this ZIP are subject to Wake County and Town of Cary tax levies, with some areas potentially falling under specific utility or municipal service districts.
Property insurance premiums are influenced by regional weather patterns, with insurers maintaining standard coverage availability despite moderate risks from severe weather events.
North Carolina continues to experience strong net domestic migration, driven by corporate relocations and the state's favorable cost of living relative to coastal hubs.
North Carolina is a non-judicial foreclosure state, allowing for a relatively streamlined process for lenders, though statutory notice periods and borrower protections apply.
Sellers are required to provide a residential property disclosure statement, detailing the condition of the property and any known material defects.
Data retrieved from US Census Bureau ZCTA-level tables and local ZIP-specific summaries.
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 Raleigh4.49.9 mi
- Dave & Buster's Cary47.8 mi
- Happy Feet Planet Apex4.76.6 mi
- Urban Air Trampoline and Adventure Park4.15.1 mi
- RushHour Karting4.55.1 mi
- Lenovo Center4.59.7 mi
- North Carolina Museum of Art4.810.8 mi
- North Carolina State Fair4.410.1 mi
- Atlantic Union Bank Convention Center4.614.4 mi
- Topgolf3.86.3 mi
- North Carolina Museum of Art4.810.8 mi
- Downtown Cary Park4.86.5 mi
- Frankie's of Raleigh4.49.9 mi
- AMC Southpoint 173.97.7 mi
- Cinemark Bistro Raleigh4.511.1 mi
- North Carolina Museum of Natural Sciences4.814.4 mi
- North Carolina Museum of Art4.810.8 mi
- Museum of Life and Science4.715.7 mi
- Marbles Kids Museum4.814.6 mi
- Duke University Chapel4.914 mi
- North Carolina Museum of Art4.810.8 mi
- Downtown Cary Park4.86.5 mi
- Pleasant Park4.76.9 mi
- Lake Johnson Park4.710.5 mi
- JC Raulston Arboretum4.811 mi
- Crosswinds Boating Center4.57.5 mi
- Topgolf3.86.3 mi
- Drive Shack4.78.7 mi
- Knights Play Golf Center4.37.7 mi
- Prestonwood Country Club4.73.3 mi
- Lonnie Poole Golf Course4.512.5 mi
- Crabtree4.412.3 mi
- H Mart Cary4.62.7 mi
- The Streets at Southpoint4.57.5 mi
- Fenton4.67.9 mi
- Grand Asia Market4.49 mi
- Raleigh-Durham International Airport4.48.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional multi-use trail providing extensive recreational access.
A premier public tennis facility serving the local community.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).