$4,447 Closing Credit*
$374,500
1,648 SqFt
2 Beds
•2 Full Baths, 1 Partial
Tom Bohlmann, Listing Office: Bohlmann Realty Group
Is Apex, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 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
$609,125
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$38,571(+6.8%)
Key Takeaway
Homes in Apex have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Apex was $609,125 in September 2024, up 6.8% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $275K | N/A |
| 2 Bedrooms | $365.1K | $360K | -1.4% |
| 3 Bedrooms | $470K | $483.4K | +2.9% |
| 4 Bedrooms | $585K | $630K | +7.7% |
| 5+ Bedrooms | $851K | $823.5K | -3.2% |
Summary: Apex housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.4%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 3.2%.
Median Sold Price Compared To Nearby Cities
| Buckhorn Township | $595.2K | $677K | +13.7% |
| Apex | $570.5K | $609.1K | +6.8% |
| White Oak Township | $575.1K | $611.5K | +6.3% |
| Holly Springs Township | $569.8K | $599.8K | +5.3% |
| Cary | $572.3K | $601.2K | +5.1% |
Housing Supply in Apex, NC
How many homes are available in Apex, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 319 | 313 | -1.9% |
Summary: The Apex real estate market had 313 homes for sale in September 2024, a 1.9% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 117 | 117 | 0.0% |
| 4 Bedrooms | 120 | 112 | -6.7% |
| 5+ Bedrooms | 67 | 68 | +1.5% |
Summary: The Apex housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 6.7%, and 5+ bedroom homes increased by 1.5%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 89 | 70 | -21.3% |
Asking Price vs. Sold Price
49 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Apex, you may be able to get a good deal. 70% of homes here sold below asking price last month.
Summary: A total of 70 homes were sold or pending in Apex in September 2024, down by 21.3% month-over-month. Of the 70 sold homes, 70% were sold under asking, 16% were sold at asking, and 14% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 85 Days | 30 Days | -64.7% |
Summary: Homes in Apex had an average of 30 days on market in Sep 2024, down by 64.7% compared to last year.
Breakdown of Home Sale Times
44 Homes Were Sold
Under 30 Days
21 Homes Were Sold
In 30 - 90 Days
5 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 September 2024, 70 homes were sold in Apex; 63% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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