Comprehensive market data and analysis• Updated Oct 2026
8.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 3 | 11 | 21 |
| 1-2 acres | 2 | 2 | 3 | 6 |
| 2-5 acres | - | 1 | 2 | 6 |
| 5-10 acres | - | - | 1 | 2 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 2 | 6 | 17 | 37 |
Acreage buckets
The median price for land in Cary, North Carolina is currently $939K per acre. For a typical parcel, the median sale price is $700K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $332K while premium lots reached $1.7M.
Cary, North Carolina is currently a balanced market with 8.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Cary, North Carolina currently has 8.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
There are currently 16 active listings in Cary, North Carolina. 6 new listings have hit the market in the last 90 days. The median asking price is $420K.
The current absorption rate in Cary, North Carolina is 12.5% (3-month basis), indicating moderate demand.
The 3-month absorption rate in Cary, North Carolina is 12.5%. The 12-month rate is 18.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Over the past 12 months, Cary, North Carolina saw 35 properties sold, totaling $40.8M in sales volume. In just the last 3 months, 6 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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