Is Apex, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Apex has remained a Seller's Market.
Housing Prices in Apex, NC
How much do homes in Apex, NC cost?
Median Sold Price
$584,390
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Apex was $584,390 in April 2024, up 1.6% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $415K | $355K | -14.5% |
3 Bedrooms | $464.6K | $478.5K | +3.0% |
4 Bedrooms | $602.1K | $600K | -0.4% |
5+ Bedrooms | $870.5K | $800K | -8.1% |
Summary: Apex housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.5%, 3 bedroom homes increased by 3%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 8.1%.
Median Sold Price Compared To Nearby Cities
Cary | $564.7K | $595.7K | +5.5% |
Buckhorn Township | $625.3K | $642K | +2.7% |
Apex | $575.1K | $584.3K | +1.6% |
White Oak Township | $580.1K | $583.2K | 0.5% |
Holly Springs Township | $579.5K | $561.3K | -3.1% |
Housing Supply in Apex, NC
How many homes are available in Apex, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
284 | 305 | +7.4% |
Summary: The Apex real estate market had 305 homes for sale in April 2024, a 7.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 8 | 10 | +25.0% |
3 Bedrooms | 92 | 101 | +9.8% |
4 Bedrooms | 102 | 106 | +3.9% |
5+ Bedrooms | 80 | 87 | +8.8% |
Summary: The Apex housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 8.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
83 | 119 | +43.4% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
61 Homes Were Sold
Over Asking
Summary: A total of 119 homes were sold or pending in Apex in April 2024, up by 43.4% month-over-month. Of the 119 sold homes, 29% were sold under asking, 19% were sold at asking, and 51% were sold over asking.
Days on Market for Apex, NC
How long does it take to sell a home in Apex, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
88 Days | 23 Days | -73.2% |
Summary: Homes in Apex had an average of 23 days on market in Apr 2024, down by 73.2% compared to last year.
Breakdown of Home Sale Times
102 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 119 homes were sold in Apex; 86% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.