Market Snapshot
- Median listing price
- $699K
- Median rent
- $1,777/mo
- Days on market
- 226 days
- Gross rental yield
- 3.05%
- STR vs LTR
- $2,829/mo STR · $1,777/mo LTR
The median listing price in Cary, NC ZIP 27519 is $699,000 as of June 2026.
The median market rent in Cary, NC ZIP 27519 is $1,777/month as of June 2026.
The median days on market in Cary, NC ZIP 27519 is 226 days as of June 2026. The market is currently neutral.
At a median list price of $699,000 and a median rent of $1,777/month, the gross rental yield in Cary, NC ZIP 27519 is 3.05% as of June 2026.
In Cary, NC ZIP 27519, median Airbnb revenue is $2,829/month compared to median long-term rent of $1,777/month as of June 2026.
Cary, NC 27519 Real Estate Market Report
ZIP Code: 27519
Report Date: June 2026
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.
Property Taxes
Liquidity & Velocity
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates for properties in Cary, NC are averaging 6.6%, reflecting a stable market environment for owners who originated loans in 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- $723,803 is the median sold price and serves as the primary indicator of realized market value for Cary 27519; this representative recent sale level suggests modest appreciation pressure given that the price year-over-year trend is up, while transaction activity shows relatively constrained active supply in the analyzed sample which may support maintaining near-current price levels.
- There is a notable spread between the median sold price $723,803 and the median listing price $699,000, which may indicate pricing friction where seller expectations are slightly above recent transaction levels; sellers and agents should expect negotiation around that gap and price-to-sale alignment may be required to improve speed of sale.
- The market exhibits slower sales velocity as reflected by the median days on market 226, which suggests longer listing periods and that buyers may be more deliberate; this slower pace, combined with a neutral market temperature (neutral), points to a balanced market where pricing and presentation will be key to securing timely transactions.
- Interest rate pressure is elevated and current financing conditions show 30-year fixed mortgage rates averaging 6.6% for local properties, while rent is trending down (down); sellers and investors should factor higher borrowing costs and softer rent growth into hold vs. sell decisions and underwriting assumptions.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold at market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.53% rate, 0.8% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
Get personalized market intelligence
Analyze properties in Cary, NC with valuations, rental estimates, highest-and-best-use signals, and operating costs.