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Market Snapshot

Median listing price
$765K

The median listing price in Apex, NC ZIP 27523 is $765,000 as of June 2026.

Median rent
$1,654/mo

The median market rent in Apex, NC ZIP 27523 is $1,654/month as of June 2026.

Days on market
377 days

The median days on market in Apex, NC ZIP 27523 is 377 days as of June 2026. The market is currently neutral.

Gross rental yield
2.59%

At a median list price of $765,000 and a median rent of $1,654/month, the gross rental yield in Apex, NC ZIP 27523 is 2.59% as of June 2026.

STR vs LTR
$1,788/mo STR · $1,654/mo LTR

In Apex, NC ZIP 27523, median Airbnb revenue is $1,788/month compared to median long-term rent of $1,654/month as of June 2026.

Apex, NC 27523 Real Estate Market Report

ZIP Code: 27523

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
97
Active Listings
19
Sold Properties
78

Market Metrics

Median Listing Price
$765,000
Median Sold Price
$771,500
Median Price per Sqft
$262/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$1,654

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.83%

Liquidity & Velocity

Median Days on Market
377
Sale-to-List Ratio
100.0%

Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
flat
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Apex, NC are averaging approximately 6.6%, reflecting a period of sustained higher borrowing costs compared to the lower-rate environment seen earlier in 2026.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The primary market indicator, the median sold price of $771,500, indicates recent transaction-level value and suggests modest appreciation consistent with broader price trends; up price year-over-year trend supports this directionality.
  2. Sellers are realizing sales slightly above asking when comparing the median listing price of $765,000 to the median sold price, which may indicate limited pricing friction between list and sale for representative transactions.
  3. Liquidity is slower than typical market turnover: the median days on market of 377 points to protracted marketing periods and suggests slower sales velocity rather than acute distress.
  4. Inventory characterization in the analyzed sample appears to show relatively constrained active supply relative to recent sales activity, which may support price stability but also implies selective buyer competition and potential balanced negotiation dynamics given the neutral market temperature.
  5. Financing headwinds are a moderating factor: current mortgage conditions averaging approximately 6.6% align with reported moderate interest rate pressure and may temper buyer purchasing power despite a flat rental trend and neutral market temperature.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

911 Lewter Shop Rd, Apex, NC 27523
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

2 beds1 baths1,789 sqft
$8,029,000
May 1, 2026
$4,488/sqft/sqft
103 Patriot Way, Apex, NC 27523
Premium

Sold above market average

5 beds5 baths6,501 sqft
$3,630,000
Apr 1, 2026
$558/sqft/sqft
2943 days on market
805 Journeys Rest Ln, Apex, NC 27523
Premium

Sold above market average

4 beds4 baths3,685 sqft
$2,100,000
Apr 1, 2026
$570/sqft/sqft
1419 days on market
1116 Ciandra Barn Way, Apex, NC 27523
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths2,757 sqft
$735,000
Apr 1, 2026
$267/sqft/sqft
1028 days on market
2300 Walden Creek Dr, Apex, NC 27523
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

5 beds3.5 baths3,141 sqft
$700,000
Apr 1, 2026
$223/sqft/sqft
200 days on market
2314 Colony Woods Dr, Apex, NC 27523
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

5 beds2.5 baths2,700 sqft
$700,000
Apr 1, 2026
$259/sqft/sqft
307 days on market
2106 White Pond Ct, Apex, NC 27523
Value

Sold below market average

3 beds2.5 baths1,596 sqft
$347,000
Apr 1, 2026
$217/sqft/sqft
572 days on market
1131 Lowland St, Apex, NC 27523
Value

Sold below market average

5 beds3.5 baths4,095 sqft
$230,000
Apr 1, 2026
$56/sqft/sqft
1866 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$3,018/mo
27523 Avg Rent
27523 Cost to Own
Rent$1,654
Own$4,672

20% down, 6.53% rate, 0.8% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

27523 Avg nightly rate
27523 Avg occupancy (days/year)
Nightly rate$172/night
Occupancy162 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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