Apex, NC—27539
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 $604,000, with a year-over-year change of -1.1%. This indicates that home prices in Apex, NC are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $604,000 | -1.1% |
| Single Family | $604,000 | -1.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $323,000 | -4.2% |
3 Bed | $441,000 | -3.3% |
4 Bed | $669,000 | -0.1% |
| 5 Bed | $819,000 | -0.7% |
% of Housing Stock
Rental Trends — Apex, NC
As of July '25, Rentcast reports the average rent in Apex, NC is $1,930, with a year-over-year rent change of -2.5%. Per bedroom, the median rent as of July '25 in Apex, NC is 1-bedrooms: $1,380, 2-bedrooms: $1,860, 3-bedrooms: $2,050, 4-bedrooms: $2,670. The most common rental property sizes in Apex, NC are 3-bedroom and 2-bedroom, accounting for 31.1% and 30.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $1,930 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,400 | $1,380 |
| 2 Bed Rent | $1,850 | $1,860 |
| 3 Bed Rent | $2,050 | $2,050 |
| 4 Bed Rent | $2,450 | $2,670 |
% 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 42. This is a increase of 43.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $576,000 | -6.0% |
Listing Count | 133 | 3.0% |
| Listings as % of Homes | 0.9% | 3.0% |
Days on Market | 42 | 43.0% |
Demographics — Apex, NC
As of the latest ACS Survey released in 2023, Apex, NC has a population of 25,900, which has increased by 10.7% over the past 5 years. Apex, NC is a popular place for families, as children make up 30.6% of the population. The area has a highly educated workforce, with 61.9% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 29.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,900 | 10.7% |
% Under 18 | 30.6% | 5.9% |
% Seniors | 9.7% | -2.0% |
% WFH | 29.7% | 175.0% |
% w/ College Degree | 61.9% | 15.7% |
As of the latest ACS Survey released in 2023, Apex, NC is a predominantly white area, with 73.1% of the population identifying as white. The white population has grown by 1.2% in the last 5 years. The second most common race or ethnicity in Apex, NC is black, making up 9.7% of the population. Foreign-born residents account for 7.5% of the population in Apex, NC, and this percentage has decreased by 27.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 73.1% | 1.2% |
% Black | 9.7% | 9.0% |
% Hispanic | 8.1% | -35.7% |
% Asian | 2.9% | -25.6% |
% Foreign Born | 7.5% | -27.9% |
Mortgage and Risk — Apex, NC
According to HUD data as of 2023, there were 492 mortgage originations in Apex, NC, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Apex, NC. Investor activity is low, as 8.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 492 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 8.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Apex, NC
As of 2024, the percent of homes in Apex, NC under the Section 8 program is 0.3%. 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 | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | 0.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $440 | $1,400 | $1,840 |
| 2 Bedroom | $190 | $1,850 | $2,040 |
| 3 Bedroom | $490 | $2,050 | $2,540 |
| 4 Bedroom | $980 | $2,450 | $3,430 |
Affordability — Apex, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $604,000 |
| Median Household Income | $140,000 |