Cary, NC Real Estate
According to census data in the year 2000 there were 36,850 housing units in Cary.
This represents a 104.6% growth from 18,008 in 1990.
Of those housing units, 36,791 were located in either urbanized areas or urban clusters, and 59 were located in what is classified as a rural area.
Homeownership rate in Cary is about 73.1%.
Cary's vacancy rate, including seasonal lodging, is about 5.3%.
Average household size is 2.69 people.
The majority of houses, apartments or condos in Cary were built after 1991.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 8.50% |
| Two Bedrooms | 20.40% |
| Three Bedrooms | 33.60% |
| Four Bedrooms | 29.90% |
| Five Bedrooms or more | 7% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.87 |
| Median year structure was built | 1991 |
| Median Value of occupied units | $196,700 |
| Median Price asked for vacant units | $193,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1990 |
| Median Monthly Rent asked for vacant units | $767 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 9.10% |
| Home Equity Loan | 18.40% |
| Simple Mortgage | 61.80% |
| Debt Free | 10.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.4% |
