If you’ve driven through Cary lately, you’ve probably noticed the “For Sale” signs don’t stay up long. Homes that show well and hit the right price point are still moving fast — and the same goes for nearby spots like Crystal Lake, Fox River Grove, and Algonquin.

So what’s really happening with the Cary-area real estate market as we head into the final stretch of 2025? Let’s break it down.

The Big Picture

Cary’s housing market has stayed strong all year. The median home price is hovering around $370,000, and homes are still selling within a few weeks if they’re in great shape and priced right. Inventory has crept up a bit — giving buyers more options — but it’s still not enough to create a true buyer’s market.

Over in Crystal Lake, the story’s similar: prices have climbed about 6–8% since last year, and listings under $400K are still in high demand. Fox River Grove continues to attract first-time buyers who love its small-town vibe and easy train access, while Algonquin remains the go-to for those who want newer homes, bigger lots, and a few more amenities.

Interest Rates: The Elephant in Every Open House

Rates have held steady in the 6–7% range, which is higher than the post-pandemic lows but not enough to completely chill the market. If rates dip toward the mid-6s (as some forecasts predict for late 2025), we could see another wave of buyers jump in before year’s end.

Bottom line: buyers are watching the rate charts like hawks — and sellers should be ready for quicker activity if borrowing costs ease.

Inventory & Competition

Here’s some good news: Cary finally has more homes to choose from. Inventory is up roughly 30–40% from early 2025 levels, giving buyers a bit of breathing room.

Still, the “move-in ready” homes in neighborhoods like Greenfields and Fox Trails are the ones sparking the most competition. If your home checks the boxes — updated kitchen, fresh paint, well-kept yard — expect attention. If it needs a little TLC, buyers might negotiate harder than they did last year.

What’s Likely Ahead

We’re calling the rest of 2025 a “steady-but-strategic” market:

• Prices: Likely to rise modestly — around 3–6% — by year’s end.
• Days on Market: Average listings may sit a little longer, but top homes will still fly.
• Buyer Behavior: More thoughtful, less rushed. Expect more questions, inspections, and comparisons before offers roll in.

In short: the frenzy is over, but opportunity hasn’t gone anywhere.

Local Highlights

• Crystal Lake – Strong resale demand, family-friendly neighborhoods, and a growing downtown restaurant scene keep this market healthy.
• Fox River Grove – A hidden gem for commuters, especially with its Metra stop and small-town charm.
• Algonquin – Still seeing solid activity thanks to newer construction and great schools; new retail options keep boosting value.

Tips for the Rest of the Year

If You’re Selling

• List sooner rather than later — fall buyers are serious, and fewer listings mean less competition.
• Stage smartly: declutter, light it well, and let that curb appeal shine.
• Be realistic on pricing — homes that overreach on price are sitting longer than they used to.

If You’re Buying

• Don’t wait for the “perfect” rate. A fair deal now often beats waiting for a maybe later.
• Get your financing locked in early so you can act fast on the right property.
• Look just beyond Cary — Crystal Lake, Fox River Grove, and Algonquin all have great options and slightly different price points.

The Takeaway

The Cary area market is moving into a more balanced rhythm. Homes aren’t flying off the shelves in 24 hours anymore — but they’re also not sitting stale. This is the kind of market where smart pricing, good presentation, and local expertise really pay off.

Whether you’re buying or selling, having a trusted agent who knows how to position your home (or spot the right one) makes all the difference.

Thinking about making a move in Cary or nearby?
Reach out anytime — I’m happy to talk strategy, neighborhoods, or what your home might be worth in today’s market.

📞 Stephanie Welter – The Welter Group
📧 stephaniewelter@kw.com
🌐 weltergroupre.com
📱 773-218-2535

Your Northwest Suburban real estate guide — here to help you make smart moves in every market.