Apex, NC—27523
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Apex, NC
As of Oct '25, the median home price in Apex, NC is $735,000, with a year-over-year change of -0.2%. This indicates that home prices in Apex, NC are flat. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $735,000 | -0.2% |
| Single Family | $736,000 | -0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $545,000 | 0.9% |
3 Bed | $553,000 | -3.0% |
4 Bed | $689,000 | -1.0% |
| 5 Bed | $1,010,000 | -0.6% |
% of Housing Stock
Rental Trends — Apex, NC
As of July '25, Rentcast reports the average rent in Apex, NC is $1,830, with a year-over-year rent change of -9.0%. Per bedroom, the median rent as of July '25 in Apex, NC is studios: $1,430, 1-bedrooms: $1,410, 2-bedrooms: $1,680, 3-bedrooms: $2,220, 4-bedrooms: $2,690. The most common rental property sizes in Apex, NC are 2-bedroom and 3-bedroom, accounting for 36.5% and 32.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,650 | $1,830 |
| Studio Rent | $1,430 | $1,430 |
| 1 Bed Rent | $1,380 | $1,410 |
| 2 Bed Rent | $1,620 | $1,680 |
| 3 Bed Rent | $2,200 | $2,220 |
| 4 Bed Rent | $2,600 | $2,690 |
% of Rental Stock
Property Listings — Apex, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Apex, NC is 63. This is a decrease of -10.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $839,000 | 0.0% |
Listing Count | 175 | 142.0% |
| Listings as % of Homes | 0.9% | 142.0% |
Days on Market | 63 | -10.0% |
Demographics — Apex, NC
As of the latest ACS Survey released in 2023, Apex, NC has a population of 18,300, which has increased by 57.6% over the past 5 years. Apex, NC is a popular place for families, as children make up 26.4% of the population. The area has a highly educated workforce, with 68.0% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 33.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,300 | 57.6% |
% Under 18 | 26.4% | 4.3% |
% Seniors | 15.6% | 40.5% |
% WFH | 33.5% | 449.2% |
% w/ College Degree | 68.0% | 21.4% |
As of the latest ACS Survey released in 2023, Apex, NC is a predominantly white area, with 53.5% of the population identifying as white. The white population has shrunk by 28.1% in the last 5 years. The second most common race or ethnicity in Apex, NC is asian, making up 26.4% of the population. Foreign-born residents account for 25.2% of the population in Apex, NC, and this percentage has increased by 93.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 53.5% | -28.1% |
% Black | 9.6% | 123.3% |
% Hispanic | 4.7% | -9.6% |
% Asian | 26.4% | 121.8% |
% Foreign Born | 25.2% | 93.8% |
Mortgage and Risk — Apex, NC
According to HUD data as of 2023, there were 207 mortgage originations in Apex, NC, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Apex, NC. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 207 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Apex, NC
As of 2024, the percent of homes in Apex, NC under the Section 8 program is 0.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Apex, NC, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $530 | $1,380 | $1,910 |
| 2 Bedroom | $510 | $1,620 | $2,130 |
| 3 Bedroom | $450 | $2,200 | $2,650 |
| 4 Bedroom | $910 | $2,600 | $3,510 |
Affordability — Apex, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.5 |
| Median Home Price | $735,000 |
| Median Household Income | $122,000 |