$6,531 Closing Credit*
$550,000
2,566 SqFt
3 Beds
•3 Full Baths, 1 Partial
Kelly R DeBrosse, Listing Office: EXP Realty LLC
Is Apex, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Apex has remained a Seller's Market.
Key Takeaway
Apex is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Apex, NC
How much do homes in Apex, NC cost?
Median Sold Price
$614,633
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,633(+6.9%)
Key Takeaway
Homes in Apex have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Apex was $614,633 in November 2024, up 6.9% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $457K | N/A |
| 2 Bedrooms | $355K | $365K | +2.8% |
| 3 Bedrooms | $474.8K | $489K | +3.0% |
| 4 Bedrooms | $585K | $641K | +9.6% |
| 5+ Bedrooms | $808K | $840K | +4.0% |
Summary: Apex housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 4%.
Median Sold Price Compared To Nearby Cities
| Buckhorn Township | $599.9K | $683K | +13.8% |
| Holly Springs Township | $564.9K | $615K | +8.9% |
| White Oak Township | $575.9K | $624.5K | +8.4% |
| Cary | $571.7K | $615.1K | +7.6% |
| Apex | $575K | $614.6K | +6.9% |
Housing Supply in Apex, NC
How many homes are available in Apex, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 347 | 290 | -16.4% |
Summary: The Apex real estate market had 290 homes for sale in November 2024, a 16.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 14 | -6.7% |
| 3 Bedrooms | 130 | 112 | -13.8% |
| 4 Bedrooms | 116 | 98 | -15.5% |
| 5+ Bedrooms | 85 | 65 | -23.5% |
Summary: The Apex housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 13.8%, 4 bedroom homes decreased by 15.5%, and 5+ bedroom homes decreased by 23.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 94 | 69 | -26.6% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Apex, you may be able to get a good deal. 50.7% of homes here sold below asking price last month.
Summary: A total of 69 homes were sold or pending in Apex in November 2024, down by 26.6% month-over-month. Of the 69 sold homes, 51% were sold under asking, 26% were sold at asking, and 23% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 92 Days | 38 Days | -58.1% |
Summary: Homes in Apex had an average of 38 days on market in Nov 2024, down by 58.1% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Apex are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 69 homes were sold in Apex; 59% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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