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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 Type0.60%
One Bedroom8.50%
Two Bedrooms20.40%
Three Bedrooms33.60%
Four Bedrooms29.90%
Five Bedrooms or more7%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.87
Median year structure was built1991
Median Value of occupied units$196,700
Median Price asked for vacant units$193,500

Rented Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1990
Median Monthly Rent asked for vacant units$767

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage9.10%
Home Equity Loan18.40%
Simple Mortgage61.80%
Debt Free10.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.4%