The typical Cary home was worth $613,395 in September, almost exactly its July level, after 18 months of falls. Values are down 1.3% in a year, less than Wake County.
Cary home values have stopped falling, for now. The typical home in town was worth $613,395 in September, down just $87 from August. It is $2 below the July figure.
That follows a slide that ran from February 2025 to July 2026. In May and June alone, the typical value fell by about $1,900 a month.
The figures come from the Zillow Home Value Index, which Zillow Research published Oct. 16. The index covers single-family homes and condos together and tracks the middle third of homes by value. It is a smoothed, seasonally adjusted estimate, not a sale price.
Over the year, values are down $7,913, or 1.3%, from $621,308 in September 2025. The typical Cary home is now $18,142, or 2.9%, below the peak of $631,537 in January 2025.
What it means for you
- Owners: the typical home lost about $7,900 in a year, but almost nothing since July.
- Buyers: prices have not risen, and homes are selling a little faster. The typical Cary listing went under contract in 22 days in September, against 28 days a year earlier, Zillow’s days to pending figures show.
- Renters: the typical asking rent rose 1.5% in a year while home values fell.
- Property taxes: your tax value comes from Wake County, not Zillow. Every property gets a new county value effective Jan. 1, 2027, with notices due to start arriving Jan. 22, 2027. See our property tax guide.
Month by month
| Month | Typical value | Change on the month |
|---|---|---|
| January 2025 (peak) | $631,537 | |
| September 2025 | $621,308 | |
| March 2026 | $618,986 | |
| May 2026 | $616,131 | -$1,899 |
| June 2026 | $614,239 | -$1,892 |
| July 2026 | $613,397 | -$842 |
| August 2026 | $613,482 | +$85 |
| September 2026 | $613,395 | -$87 |
Zillow revises past months with each release. Its August estimate for Cary is now $613,482, well below the $619,636 we reported from last month’s file on our home prices page.
By ZIP code
Southern Cary’s 27518 was the only Cary ZIP code where the typical value rose over the year. Western Cary’s 27519, the priciest, fell the most.
| ZIP code | Area | Typical value, September 2026 | One-year change |
|---|---|---|---|
| 27518 | Southern Cary, including Lochmere and Regency | $727,159 | +0.9% |
| 27513 | Northern Cary, including Preston | $552,294 | -0.6% |
| 27511 | Central and eastern Cary, including downtown | $491,833 | -1% |
| 27519 | Western Cary, including Green Level and Amberly | $690,357 | -2% |
Source: Zillow’s ZIP code index file. ZIP code lines do not follow the town limits, and parts of Cary carry Apex or Morrisville mailing addresses.
Our neighborhoods guide covers each area.
How the neighbors compare
Cary held up better than most of its neighbors and Wake County as a whole. Only Holly Springs, about nine miles south, fell less. Morrisville, about four miles north, fell the most.
| Place | Typical value, September 2026 | One-year change |
|---|---|---|
| Cary | $613,395 | -1.3% |
| Apex | $588,793 | -1.6% |
| Holly Springs | $572,759 | -0.8% |
| Morrisville | $471,574 | -4.7% |
| Wake County | $471,020 | -1.7% |
| Raleigh | $424,663 | -1.7% |
| Durham | $384,724 | -3.7% |
| Garner | $377,966 | -1.8% |
Sources: Zillow’s city and county index files. Apex is about five miles southwest, Raleigh about 11 miles east, Garner about 13 miles southeast and Durham about 14 miles north.
The typical Cary home is worth about $142,000 more than the Wake County typical value.
Recorded sales tell a firmer story across the county. The median price of Wake County real estate sold in September was $450,000, up $10,000 from August, the Wake County Register of Deeds said. That figure covers every recorded deed, including commercial property, and is measured by the excise tax paid on each sale. It is not comparable with Zillow’s index.
Rents
The typical asking rent in Cary was $1,768 in September, according to the Zillow Observed Rent Index. That is up $27, or 1.5%, from $1,741 a year earlier, and down $2 from $1,770 in August.
More on the local market is on our Cary home prices page. Recorded sales are listed in real estate transfers.
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