Home Value Trail

States › North Carolina › Wake County › Apex town

Permit-issuing place

Apex town

Wake County · Raleigh-Cary, NC · North Carolina · 80,419 residents (2025 est.)

Permits through August 2026Yearly permits since 1995Wake County index 1975–2025
FHFA house price index for Wake County, which contains Apex town, 1975 to 2025Recession 1973–75Recession 1980Recession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202005001,0001,50019801990200020102020United States2025: 1,059
Wake County (100 = first year)United States, rebased to the same startNBER recession
House prices are indexed by county, not by city: this is Wake County's FHFA index, with the national index rebased to the same start.

Census Bureau notes: building permit figures cover new privately owned housing units authorised by permit-issuing places; permits do not mean the units were started or completed, and places that report less often than monthly are imputed in monthly totals. FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties.

Apex town, North Carolina (Wake County), authorised 1,712 housing units through building permits in the 12 months to August 2026, +12.9% on the previous 12 months.

835 of those units were single-family houses (49%), 0 were in two- to four-unit buildings and 877 in buildings of five or more units. That is 21.3 units per 1,000 residents, well above the county's 11.6 and well above the state's 7.8.

Since 1995 the place has authorised 29,555 units, with the busiest year 2018 (2,241 units). Wake County's FHFA house price index rose +106.9% over the ten years to 2025.

1,712units permitted, 12 months to August 2026+12.9% on the previous 12 months
835single-family units49% of the total
877units in 5+ unit buildings51% of the total
21.3units per 1,000 residentsWake County 11.6 · North Carolina 7.8

Permits by month and structure type

Housing units authorised in Apex town by month, latest 24 months0200400600Sep 2024: 367 units (139 single-family, 228 in multi-unit buildings)Sep 2024Oct 2024: 95 units (95 single-family, 0 in multi-unit buildings)Nov 2024: 92 units (92 single-family, 0 in multi-unit buildings)Dec 2024: 100 units (100 single-family, 0 in multi-unit buildings)Dec 2024Jan 2025: 90 units (90 single-family, 0 in multi-unit buildings)Feb 2025: 282 units (89 single-family, 193 in multi-unit buildings)Mar 2025: 66 units (66 single-family, 0 in multi-unit buildings)Mar 2025Apr 2025: 223 units (46 single-family, 177 in multi-unit buildings)May 2025: 34 units (34 single-family, 0 in multi-unit buildings)Jun 2025: 35 units (35 single-family, 0 in multi-unit buildings)Jun 2025Jul 2025: 69 units (69 single-family, 0 in multi-unit buildings)Aug 2025: 63 units (63 single-family, 0 in multi-unit buildings)Sep 2025: 69 units (69 single-family, 0 in multi-unit buildings)Sep 2025Oct 2025: 98 units (50 single-family, 48 in multi-unit buildings)Nov 2025: 143 units (59 single-family, 84 in multi-unit buildings)Dec 2025: 51 units (51 single-family, 0 in multi-unit buildings)Dec 2025Jan 2026: 112 units (50 single-family, 62 in multi-unit buildings)Feb 2026: 56 units (56 single-family, 0 in multi-unit buildings)Mar 2026: 486 units (83 single-family, 403 in multi-unit buildings)Mar 2026Apr 2026: 141 units (85 single-family, 56 in multi-unit buildings)May 2026: 133 units (77 single-family, 56 in multi-unit buildings)Jun 2026: 126 units (70 single-family, 56 in multi-unit buildings)Jun 2026Jul 2026: 152 units (96 single-family, 56 in multi-unit buildings)Aug 2026: 145 units (89 single-family, 56 in multi-unit buildings)

Housing units authorised in Apex town by month, latest 24 monthssingle-family2+ unit buildings

Units, 12 months to August 2026Apex townWake CountyNorth CarolinaUnited States
All housing units1,71214,58187,8531,418,086
Single-family (1 unit)835 (49%)8,340 (57%)61,266 (70%)888,241 (63%)
2 units01861,29234,814
3–4 units04132117,298
5 or more units877 (51%)6,014 (41%)24,974 (28%)477,733 (34%)
Units per 1,000 residents21.311.67.84.1
Change on previous 12 months+12.9%+5.1%+2.0%−0.1%

Permits by year since 1995

Housing units authorised in Apex town by year, 1995–202501,0002,0003,0001995: 626 units (445 single-family, 181 in multi-unit buildings)19951996: 800 units (627 single-family, 173 in multi-unit buildings)1997: 1,584 units (856 single-family, 728 in multi-unit buildings)1998: 1,438 units (1,222 single-family, 216 in multi-unit buildings)1999: 1,385 units (1,105 single-family, 280 in multi-unit buildings)2000: 834 units (834 single-family, 0 in multi-unit buildings)20002001: 901 units (894 single-family, 7 in multi-unit buildings)2002: 807 units (597 single-family, 210 in multi-unit buildings)2003: 341 units (341 single-family, 0 in multi-unit buildings)2004: 346 units (346 single-family, 0 in multi-unit buildings)2005: 506 units (476 single-family, 30 in multi-unit buildings)20052006: 343 units (324 single-family, 19 in multi-unit buildings)2007: 567 units (567 single-family, 0 in multi-unit buildings)2008: 199 units (199 single-family, 0 in multi-unit buildings)2009: 169 units (79 single-family, 90 in multi-unit buildings)2010: 179 units (166 single-family, 13 in multi-unit buildings)20102011: 453 units (243 single-family, 210 in multi-unit buildings)2012: 736 units (400 single-family, 336 in multi-unit buildings)2013: 621 units (621 single-family, 0 in multi-unit buildings)2014: 578 units (578 single-family, 0 in multi-unit buildings)2015: 683 units (683 single-family, 0 in multi-unit buildings)20152016: 1,171 units (959 single-family, 212 in multi-unit buildings)2017: 1,388 units (1,388 single-family, 0 in multi-unit buildings)2018: 2,241 units (1,673 single-family, 568 in multi-unit buildings)2019: 1,918 units (1,868 single-family, 50 in multi-unit buildings)2020: 1,427 units (1,427 single-family, 0 in multi-unit buildings)20202021: 1,444 units (1,214 single-family, 230 in multi-unit buildings)2022: 1,079 units (1,061 single-family, 18 in multi-unit buildings)2023: 1,517 units (1,353 single-family, 164 in multi-unit buildings)2024: 2,051 units (1,059 single-family, 992 in multi-unit buildings)2025: 1,223 units (721 single-family, 502 in multi-unit buildings)2025

Housing units authorised in Apex town by year, 1995–2025single-family2+ unit buildings

29,555 units since 1995; the busiest year was 2018. Annual figures include units imputed for months a place did not report.

Home prices in Wake County

FHFA's index for Wake County rose +106.9% over the ten years to 2025 (+7.5% a year) and +1.0% in the latest year, against +106.6% and +2.5% for North Carolina. Full county page: decade table, peak-to-low declines, every ZIP code and every permit-issuing place in the county.

Questions and answers

How many homes are being built in Apex town, NC?

1,712 housing units were authorised by building permits in the 12 months to August 2026, against 1,516 in the previous 12 months.

What kind of housing is being permitted in Apex town?

835 single-family units, 0 in two-unit buildings, 0 in three- and four-unit buildings and 877 in buildings of five or more units.

How does Apex town compare with its county and state?

21.3 units per 1,000 residents in Apex town, 11.6 in Wake County and 7.8 in North Carolina.

How have home prices moved in Wake County?

FHFA's index for Wake County rose +106.9% over the ten years to 2025 and +1.0% in the latest year; the county page has the full series.

What does a permit count?

A housing unit authorised by a building permit for new privately owned residential construction, as reported to the Census Bureau Building Permits Survey by the permit-issuing office. Permits are not completions; some permitted units are never built, and places that report only annually are imputed in monthly figures.

Provenance

Permits: US Census Bureau, Building Permits Survey, place-level monthly and annual files through August 2026 (permit office 014000); county and state comparisons from the county and state files. Population: Census Bureau vintage 2025 estimates for incorporated places, matched on FIPS place code where the permit office is one. House price index: Federal Housing Finance Agency. Public domain. Corrections · Building Permits Survey.