Cary 27511

Raleigh-Cary, NC · Wake County, NC · 2,458 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

52affordability /100

Buyer leverage is seller slight; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
29.4%
stretched
Days on market
28
daily
Price cuts
28.9%
of active
Valuation
-7.3%
vs assessor
Look up an address
54
/100
Mixed
cooling · seller slight · prices easing year-over-year.
Price trend
35
Affordability
65
Valuation
70
Economic health
52

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

47/ 100SellerBalancedBuyer
Balanced Market
DOM: 60d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)25
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)100
Cancellation Rate (10%)0
Days on Market (5%)60

Balanced market in 27511. List price is roughly fair — focus on condition and value. Payment burden: 29.4% of median income. Median days on market: 60. Renting is approximately 124% cheaper than buying (price-to-rent ratio: 26.9).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
COOLINGSELLER SLIGHT

Market is cooling with expanding inventory. Sellers hold a slight edge. Prices down 2.2% YoY.

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Market snapshoteach number, once

Median price
$505,005
▾ 2.2% YoY
Days on market
28
daily · zip_data
Median rent
$1,565
ZORI
Investor score
30/100
cash-flow lens
Active listings
93
90-day

Valuation3 lenses, different anchors

vs assessor
-7.3%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$468,344
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+66.5%
County-wide market — the widest, slowest signal.
Wake+66.5%
Johnston+65.7%
Mecklenburg+79.8%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$134
Price-to-income4.8×

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How 27511 ranks in NC
percentile vs all North Carolina ZIPs · n=834
Market velocity90%
Supply tightness62%
Affordability34%
Investment yield25%
Appreciation10%

Affordability, supply & momentum

40SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply12.3 mo
Days on Market28d
Inv vs History+14.5%
Listing Density7.0/1k
Affordability — payment burden
Monthly payment (P&I)$2,551
Payment burden29.4%
Median income · ZIP$104,072
Mortgage rate6.49% · 30yr
Total monthly own$3,056
Monthly rent$1,565
Market dynamics
Price cut %28.9%
Momentumcooling
LeverageSELLER SLIGHT
Months of supply12.3
Sales (90d)0
Investment analysis
Median rent$1,565
Price-to-rent26.9
Est. cap rate2.4%
Buy vs rentfavors renting

Livability

Walk score4
Transit score3
Bike score

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Wake County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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