Apex 27502

Raleigh-Cary, NC · Wake County, NC · 1,616 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

58affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
25.3%
affordable
Days on market
32
daily
Price cuts
28.8%
of active
Valuation
-46.8%
vs assessor
Look up an address
55
/100
Mixed
cooling · balanced · prices easing year-over-year.
Price trend
35
Affordability
85
Valuation
35
Economic health
58

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

46/ 100SellerBalancedBuyer
Balanced Market
DOM: 55d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)25
Valuation Gap (25%)25
Supply & Demand (20%)85
Buy vs Rent (15%)75
Cancellation Rate (10%)25
Days on Market (5%)60

Balanced market in 27502. List price is roughly fair — focus on condition and value. Payment burden: 25.3% of median income. Median days on market: 55. Renting is approximately 87% cheaper than buying (price-to-rent ratio: 22.4).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
COOLINGBALANCED

Market is cooling with expanding inventory. Conditions are balanced between buyers and sellers. Prices down 2.0% YoY.

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Market snapshoteach number, once

Median price
$572,681
▾ 2.0% YoY
Days on market
32
daily · zip_data
Median rent
$2,131
ZORI
Investor score
39/100
cash-flow lens
Active listings
199
90-day

Valuation3 lenses, different anchors

vs assessor
-46.8%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$304,655
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+66.5%
County-wide market — the widest, slowest signal.
Wake+66.5%
Johnston+65.7%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$100
Price-to-income4.2×

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How 27502 ranks in NC
percentile vs all North Carolina ZIPs · n=834
Market velocity87%
Supply tightness67%
Affordability57%
Investment yield43%
Appreciation11%

Affordability, supply & momentum

32SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply12.0 mo
Days on Market32d
Inv vs History+30.0%
Listing Density11.9/1k
Affordability — payment burden
Monthly payment (P&I)$2,893
Payment burden25.3%
Median income · ZIP$137,088
Mortgage rate6.49% · 30yr
Total monthly own$3,465
Monthly rent$2,131
Market dynamics
Price cut %28.8%
Momentumcooling
LeverageBALANCED
Months of supply12
Sales (90d)0
Investment analysis
Median rent$2,131
Price-to-rent22.4
Est. cap rate2.9%
Buy vs rentfavors renting

Livability

Walk score7
Transit score
Bike score

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Wake County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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