Cary, North Carolina is known for its vibrant community, excellent schools, and beautiful homes. But if you’re searching for something a little more upscale, there are several luxury neighborhoods in Cary NC that offer the perfect blend of location, design, and lifestyle. Here’s a closer look at three standout luxury communities in Cary NC, plus a bonus neighborhood that’s quickly gaining attention.
MacGregor Downs is one of the most established luxury neighborhoods in Cary NC. Built around Lake MacGregor, this community blends natural beauty with classic home designs. With approximately 620 homes, styles range from farmhouse-inspired properties to more modern architecture, especially along the golf course lots.
At the heart of the neighborhood is the MacGregor Downs Country Club, complete with an 18-hole golf course, tennis courts, pools, and a clubhouse that feels like an old Scottish pub. Located just minutes from Downtown Cary Park and WakeMed Cary Hospital, it also offers easy access to restaurants, shops, and major highways. Home prices here start around $800,000 and can reach up to $3 million.
Preston is another highly sought-after community among Cary NC neighborhoods, especially for golf lovers. Centered around the Prestonwood Country Club, this large development includes multiple subdivisions with a wide variety of housing—from condos and townhomes to stately estates.
Homes in Preston were mostly built in the 1990s, making them newer than those in MacGregor Downs. Prices start at $500,000 and can go as high as $3 million. The location is convenient, just minutes from downtown Cary and the airport, and close to top shopping areas like Park West Village and the new Fenton development. While airplane noise can be a drawback for some, the amenities and variety of home styles continue to attract buyers seeking luxury real estate in Cary.
Montvale is one of the newest luxury communities in Cary NC, located on the Cary-Apex border. With about 120 custom-built homes, most built after 2017, this neighborhood offers transitional architecture and up-to-date finishes. Prices typically range from $1.6 to $2.5 million.
While it doesn’t feature a golf course, Montvale sits along the Tobacco Trail, offering biking and walking paths, and it’s just minutes from RTP and RDU Airport via Highway 540. It’s ideal for buyers seeking newer luxury homes in Cary NC with minimal maintenance.
The area surrounding Downtown Cary Park is undergoing major transformation. Older homes are being replaced with new construction, including townhomes with rooftop terraces, modern homes, and condos—perfect for those who want a walkable, low-maintenance lifestyle.
From classic golf course communities to modern custom builds, Cary NC neighborhoods offer something for every luxury buyer. If you’re exploring luxury homes in Cary NC, these neighborhoods are excellent places to start your search.
Luxury home trends across the Triangle are evolving, with price adjustments, changing inventory levels, and subtle buyer and seller dynamics shifts. While each town presents a unique market landscape, one thing is clear: pricing and timing are more important than ever. Below is a breakdown of how Raleigh, Cary, Apex, and Holly Springs performed in May 2025.
Raleigh continues to lead the region in transaction volume, with 107 closed sales—an 18.6% increase year-over-year. The median sales price in the luxury segment sits at $1,005,000, down 4.3%, signaling a gentle downward trend. Homes are still selling quickly, with an average of just 6 days on the market, down 25% from last year.
Inventory is up 60%, now at 3.8 months—just shy of a balanced market range. There were 123 price reductions in April, indicating that sellers are becoming more flexible. The highest-priced sale was a $3,350,000 home in North Ridge Country Club, which sold for $250,000 under the original list price.
Cary’s luxury market shows signs of softening, with the median price dipping 7.3% to $950,000. Still, homes are selling fast, averaging just 4 days on the market, although that’s up 33.3% year-over-year.
Inventory is up 81.8% at 2 months of supply, and 54 homes had price reductions in April (roughly 40-50% of inventory). Sellers are aiming to price more competitively. The highest sale in Cary hit $2.2 million and sold for 2% over asking within 24 hours.
Apex remains a growing and stable luxury market. The median home price increased 3.2% to $955,000, while average days on market rose 50% to 6 days. Active listings have more than doubled, and inventory now stands at 1.9 months.
Thirty-five homes closed in April, a 14.6% decrease, but 29 properties saw price reductions, showing that sellers are adjusting to match buyer expectations. The top sale was $2.2 million, selling 1% below list.
The median price of luxury homes in Holly Springs was $843,500, down 3.6%. Homes averaged 5 days on the market, and inventory held steady at 2 months.
Half of the homes listed in April had price reductions (19 total), reflecting efforts to meet buyer expectations. The highest sale was $1,255,000—5% over list—and sold in just 3 days.
Across the Triangle, we’re seeing more price reductions and an increase in inventory, especially in the luxury segment. Days on market remain low, but the pace is slightly slowing in some areas. Each town differs in whether it favors buyers or sellers, so hyperlocal insights are essential. For luxury buyers, this softening opens new opportunities. Sellers should price strategically to stay competitive, as today’s buyers are more value-driven than ever.
