Apex, NC 27523 Real Estate Market Report

ZIP Code: 27523
Report Date: May 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.

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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.

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Market Metrics

Note: 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.

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Rental Market

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.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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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.

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Key Findings

1. median sold price 774,000 is the primary indicator of current market value in ZIP 27523 and, combined with a very long median days on market 351, suggests representative recent sales are occurring slowly and may reflect pricing friction rather than rapid turnover.

2. median sold price 774,000 sits noticeably below the asking context implied by the median listing price 599,990 gap, which may indicate a disconnect between seller expectations and realized transaction prices and downward price momentum as the price year-over-year trend is down.

3. Pricing density remains concentrated around median price per square foot 262, which supports consistent per-unit valuation even as overall sale timing slows; combined with a neutral market temperature, this suggests a period of stabilization rather than acute volatility.

4. Rental and financing pressures are softening near-term: median market rent 1,665 is trending down alongside a rent year-over-year trend of down, while interest rate pressure is assessed as moderate, which may temper buyer urgency and keep transaction volume at a moderate pace.

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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.