Construction Value
$437.3M ▲ 24.5%
Units Permitted
2,051 ▲ 35.2%
Avg Value / Unit
$213K
2024 · Census Bureau Building Permits Survey
Construction activity in Apex jumped in 2024, up 35.2% from the prior year with 2,051 housing units permitted. At $213K per unit, new builds are 10% below the Wake County average of $237K, indicating more affordable construction. Volume is 730% above the county average of 247 units, suggesting faster-than-typical growth. 48.4% of new units were multi-family (apartments, condos, duplexes).
Housing Mixi
Development Densityi
Units per building permitted
Mostly single-family with some small multi-unit buildings.
Construction Intensityi
$7K
per resident
County avg: $4K+105%
$16.3M
per square mile
Apex vs. Wake County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 1,059 | 1,059 | $249.3M | 57% |
| ■ Duplex | 0 | 0 | — | 0% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 992 | 10 | $188.0M | 43% |
County Ranking by Construction Volume
Among 12 permit-issuing towns in Wake County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →