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Wednesday, February 02, 2022

Your Apex NC Real Estate Questions Answered

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Your Apex, NC Real Estate Questions Answered

Are you looking for a great place to raise a family? How about someplace affordable to retire with lots of amenities? Whatever stage of life you are in, the Research Triangle region of North Carolina has something for you. 

Check out Apex, NC. The city provides you quick access to local businesses, top-notch universities, and recreation amenities. You’re located minutes from Raleigh-Durham International Airport and near the innovative companies at Research Triangle Park. Niche.com ranks it the third-best suburb to raise a family in North Carolina.

As you start looking at Apex real estate, you may wonder where the best place to live is. We are here to answer your frequently asked questions about Apex real estate. 

What is the average price of a home in Apex, NC?

Based on data from January 2022, the median listing price for a home in Apex was $485,000. It averaged $204 per square foot. At the time, there were 134 homes for sale. Median listing prices have steadily been rising. In December 2021, the listed home price was up 21% year-over-year. 

The most affordable listing in January 2022 was a $200,000 foreclosure with 3-bathrooms and 3,132 sq ft. The most expensive listing with an existing home was $2.95 million with 7,169 sq ft, 5-bedrooms, 5.5-bathrooms, and 9.5 acres. The property was solar-powered and had an in-law suite with a separate entrance. 

Are there any condos or townhomes available in Apex, NC? 

Yes, you can find condominiums and townhomes in Apex. In January 2022, the seller’s market created a low number of available condo and townhome listings. The market had three available, and another 17 were contingent. 

The most affordable listing was a new construction townhome in The Summit at West Village. It was priced at $406,990 for 2,200 sq ft, 3-bedrooms, and 2.5-bathrooms. The most expensive listing was a $519,000 townhome with 2,872 sq ft, 3-bedrooms, and 2.5-bathrooms. 

What is the property tax rate for Apex, NC?

The town of Apex assessed a property tax of $0.39 per $100 of assessed value in 2021. Wake County charged $0.60 per $100 of assessed value, for a combined $0.98 per $100 of value. Wake County also charges a $20 recycling fee. Some special taxing districts may apply to you, depending on your address. 

What county is Apex, NC in?

Apex is part of Wake County, rated one of the best places to live in North Carolina. Since Apex is a smaller city, it’s often overshadowed by the larger metropolitan areas, such as Raleigh. 

Wake County gives residents access to first-rate healthcare, world-class education, and plenty of outdoor amenities. In total, there are 117 miles of recreational trails and over 26,000 acres of water recreation.

Wake County has a large cultural and arts scene. The county has over 85 music venues and 35 free cultural attractions. Residents have numerous dining choices and a growing craft brewing scene between Raleigh, Cary, and the other local cities.

Is Apex, NC, growing?

Apex has grown tremendously over the years. What was once a sleepy town with 5,000 people in 1990 has around 60,000 residents and counting. The 2020 Census reported 58,780 residents, an increase of 36% in a decade. The town predicts a 2030 population of just over 89,000 residents based on an annual growth rate of 4.68%. 

What neighborhoods are in Apex, NC?

Downtown Apex is a historic district with many buildings on the National Register of Historic Places. Some of these homes date back to the late 1800s. 

Abbington is an established neighborhood with one of the city’s higher median home prices. Expect custom-built properties. Residents are optimally located between Jordan Lake, RTP, and Beaver Lake.

West Apex is an area with more new construction developments. You’ll find communities like Holland Crossings, Woodridge, Kelly West, and Woodgate Farms. 

Carriage Downs has a great location near Haddon Hall and the Beaver Creek Commons, a shopping destination in Apex. 

Pearson Farms is along the Beaver Creek Greenway. The community has many amenities like a pool, playground, tennis courts, and fitness center.

Scots Mill has a great location and established homes near the heart of Apex. It has townhomes and single-family homes. Neighborhood amenities include a clubhouse and a pool.

Villages of Apex has a range of housing options, including luxury townhomes and condominiums. Downtown Apex is under a mile away. 

Woodridge single-family homes are good for their location near Beaver Creek Commons. 

Are there any waterfront properties found in Apex, NC? 

Some waterfront properties are available in Apex, but they are mostly on small ponds and streams that run through the city limits. 

If you’re looking for more substantial waterfront living where you can launch a canoe, kayak, or motorized boat, check outside the Apex city limits. Jordan Lake sits to Apex’s west and is about a 10 to 20-minute drive, depending on your destination. You can find some lakefront real estate available here. 

How is golf in Apex, NC?

Photo of golf course Apex does not have any 18-hole golf courses inside of the city limits. Knight’s Play Golf Center is a public venue with a 9-hole par-3. 

The good news is you are near some excellent courses in the Triangle. Perhaps the closest course to Apex would be the MacGregor Downs Country Club or Lochmere Golf Club in Cary. Both are highly rated private courses.  

If you live further south in Apex, 12 Oaks may be closer. This is a private golf course. Devils Ridge Golf Club is a semi-private course located in Holly Springs.

The North Carolina Golf Headquarters is in Cary. This city has five courses, Raleigh has 17, and Chapel Hill has eight. In total, a strong golfing community awaits you in the greater Triangle area. 

Are there golf course communities in Apex, NC? 

Apex does not have any golf course communities inside its city limits. 

What areas are near Apex, NC?

The closest nearby city is Cary, one of the towns in the Triangle region. Cary is another quickly growing community located between Raleigh and Research Triangle Park. 

Raleigh, the state capital, is about 20 minutes by car. You’ll have access to all its urban amenities, from first-rate education to the culture scene. 

The sister city of Durham is about 23 miles to Apex’s north. It is roughly a 30-minute drive to access its renowned educational institutions and local amenities. 

Jordan Lake lies to Apex’s west. The city is one of the closest towns to the lake. With its 26,000 acres of water, Jordan Lake is a popular recreation spot for Triangle residents. You can spend a fun day boating or fishing on the lake. 

If you would like a quieter and more intimate boating venue, the Shearon Harris Reservoir is to the southwest. There is a boat launch and a county park along its shores. 

What to know about living in Apex, NC

Apex residents are two to three hours away from North Carolina’s beaches and the Blue Ridge Mountains. It makes it easy to have a day trip to some of the state’s most popular destinations. 

The town has always been an important transportation, trading, and shopping center. Its proximity to Raleigh has shaped its growth.

Apex is committed to maintaining its small-town character. It underwent a streetscape renovation project in 2020 that restored the historic downtown look and charm. Today, it is one of the best examples of a turn-of-the-century railroad town in North Carolina. 

This city is a fast-growing part of the Research Triangle region. If you are looking to move to Apex, having an experienced local real estate agent on your side will help you gain the edge in your home search. 

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Preston Guyton

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