$5,105 Closing Credit*
$429,900
1,814 SqFt
3 Beds
•3 Full Baths, 1 Partial
Rebecca Werner, Listing Office: eXp Realty, LLC - C
Is Apex, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$612,558
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$37,971(+6.6%)
Key Takeaway
Homes in Apex have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Apex was $612,558 in October 2024, up 6.6% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $275K | N/A |
| 2 Bedrooms | $365.1K | $360K | -1.4% |
| 3 Bedrooms | $470K | $484.7K | +3.1% |
| 4 Bedrooms | $587.1K | $635.4K | +8.2% |
| 5+ Bedrooms | $847.1K | $823.5K | -2.8% |
Summary: Apex housing prices by bedroom type for October 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 3.1%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes decreased by 2.8%.
Median Sold Price Compared To Nearby Cities
| Buckhorn Township | $599.5K | $680K | +13.4% |
| Holly Springs Township | $567.5K | $610K | +7.5% |
| White Oak Township | $575.3K | $617.8K | +7.4% |
| Apex | $574.5K | $612.5K | +6.6% |
| Cary | $573.1K | $611.1K | +6.6% |
Housing Supply in Apex, NC
How many homes are available in Apex, NC?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 325 | 346 | +6.5% |
Summary: The Apex real estate market had 346 homes for sale in October 2024, a 6.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 13 | 15 | +15.4% |
| 3 Bedrooms | 117 | 126 | +7.7% |
| 4 Bedrooms | 119 | 119 | 0.0% |
| 5+ Bedrooms | 75 | 86 | +14.7% |
Summary: The Apex housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 73 | 94 | +28.8% |
Asking Price vs. Sold Price
52 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
19 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Apex, you may be able to get a good deal. 55.3% of homes here sold below asking price last month.
Summary: A total of 94 homes were sold or pending in Apex in October 2024, up by 28.8% month-over-month. Of the 94 sold homes, 55% were sold under asking, 24% were sold at asking, and 20% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 106 Days | 26 Days | -75.4% |
Summary: Homes in Apex had an average of 26 days on market in Oct 2024, down by 75.4% compared to last year.
Breakdown of Home Sale Times
65 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
4 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 October 2024, 94 homes were sold in Apex; 69% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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