Market Overview
Home Prices in Cary, IL
The median home value in Cary, IL is $383,994 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.9% compared to a year ago and up 5.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Cary are priced6% below average. Cary is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Cary home values have risen by approximately41.1%, reflecting strong long-term appreciation in this market.
Price History
Cary Home Price Trend
City Comparison
Cary vs. National Median
At $383,994, homes in Cary cost 6% below the national median of $410,000. This makes Cary a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Cary?
20% Down Payment
$76,799
on $383,994
Monthly P&I
$2,003/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,544/mo
incl. taxes & insurance
Income Needed
$101,760
gross annual (30% rule)
10% Down Option
$38,399
+ PMI applies
Loan Amount (20% dn)
$307,195
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Cary, IL?
The median home value in Cary is $383,994 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.9% year-over-year.
How much have home prices changed in Cary?
Over the past year, home values in Cary have increased by 4.9%. Over five years, prices have risen approximately 41.1%.
How much do I need to earn to buy a home in Cary?
To comfortably afford the median home price of $383,994 with a 20% down payment ($76,799) at today's rates (6.8%), you'd need a gross annual income of approximately $101,760. This assumes keeping total housing costs at or below 30% of gross income.
How does Cary compare to the national average home price?
The national median home value is approximately $410,000. At $383,994, homes in Cary are 6% below the national average.
What metro area is Cary part of?
Cary is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.