Median price for residential apartments in as of May, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
239 Cary, IL, USA apartments for sale
$245,000
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2 Stories
332 Park Avenue, Cary, IL 60013, USA
3 Bed
2 Bath
1,352 Sq Ft
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$250,000
View PhotosColonial, 2 Stories
529 Berridale Drive, Cary, IL 60013, USA
4 Bed
3 Bath
2,113 Sq Ft
Cary
According to statistics, the population in Cary, IL amounts to 17,940, which shows decline 0% compared to the previous year. The median age of the city’s residents is 39. The average household income is $98,529, shifting decline 0% from the past year, and the average property value in Cary, IL decline 1% to $215,800 throughout the year.
| Population | 17,940 |
| Median Age | 38.5 |
| Poverty Rate | 7% |
| Household Income | $98,529 |
| Number Of Employees | 9,629 |
| Median Property Value | $215,800 |
Household Income
The average household income in Cary, IL declined from $98,715 to $98,529 in the past year. This data is an estimate based upon 6,179 households in Cary, IL . The chart below presents how household income is distributed in Cary, IL in comparison to the revenue allocation amid households nationally.
- USA
- Cary, IL
Property Value
According to data from last year, the average property value in Cary, IL shifted from $213,900 to $215,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Cary, IL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Cary, IL properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
- USA
- Cary, IL
Rent vs. Own
- Rent84%
- Own16%
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Cary, IL compared to median property taxes around the country. The prevalent amount of property taxes in Cary, IL equals $3000, which is less than the national average.
- USA
- Cary, IL
Housing Trends
Cary, IL, USA Housing Trends
Average sale in Cary: $361,100 (-1.2%)
| Apartment Size | May | vs Last Month |
|---|---|---|
| 1 bed apartments | $114,500 | N/A |
| 2 bed apartments | $204,900 | -12.1% |
| 3 bed apartments | $450,837 | N/A |
| 4+ bed apartments | $387,133 | -29.6% |
During May 2021, the average price for an apartment in/near Cary, IL decreased by 1.2% to $361,100.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $114,500 with no changes this month. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $204,900. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $450,837. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $387,133 for a big-family home.
| Listing Type | May | vs Last Month |
|---|---|---|
| Lofts for sale | $332,400 | +28.3% |
| Townhouses for sale | $188,500 | N/A |
| Condos for sale | $114,500 | N/A |
| Houses for sale | $372,580 | -29.1% |
According to statistics, average house is still $372,580 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $114,500. The price statistics of lofts have not significantly changed, it now still goes for $332,400. Value of the townhouses didn’t change, the price still starts at $188,500.
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