Friendship Station, Apex NC: Neighborhood Guide and Homes for Sale

Caul Group Residential, brokered by eXp Realty

Friendship Station is a new construction community by M/I Homes in southwest Apex, with single-family homes, townhomes and a pool and cabana. M/I Homes reports its single-family homes are sold out and it is now selling three-story townhomes (M/I Homes, Friendship Station). Wake County records show 574 homes on Friendship Station plats so far: 293 detached homes and 281 townhomes, built from 2019 to 2026. The 33 recorded sales from October 2025 through September 2026 had a median of $465,000, and 24 of them were homes built in 2025 or later.

Here is where Friendship Station is, what the amenities are, what is being built, the HOA picture and how to check school assignment.

Where Friendship Station is

Friendship Station is in southwest Apex, near Richardson Road and Olive Farm Road, and is inside the Town of Apex planning area. Most homes have Apex 27502 addresses, and a smaller number use New Hill 27562 addresses (Wake County property records).

Road distances from Hunter Woods Drive in the community (OpenStreetMap routing, October 2026):

  • Downtown Apex: 5.2 miles
  • Beaver Creek Commons: 6.3 miles
  • Holly Springs Town Hall: 8.7 miles
  • Apex Community Park: 9.2 miles
  • Jordan Lake: 11.1 miles
  • Downtown Cary: 13.4 miles
  • Research Triangle Park: 17.2 miles
  • NC State Capitol, downtown Raleigh: 19.3 miles
  • RDU Airport: 19.9 miles

A short history

Friendship Station is still being built. Wake County records show the first homes in 2019, and 557 of the 574 homes counted here were built in 2020 or later. In October 2026, M/I Homes of Raleigh still owned 143 parcels on Friendship Station plats (Wake County property records). M/I Homes says the community plan combines single-family homes, townhomes and retail or commercial space (M/I Homes, Friendship Station).

Amenities

The amenity center has a pool and cabana, a playground, a picnic area and a play lawn (M/I Homes, Friendship Station).

Homes in Friendship Station

Across the 574 homes (Wake County property records, October 2026):

  • Year built: 2021 at the 10th percentile, 2023 median, 2025 at the 90th percentile
  • Heated area: 2,217 square feet at the 10th percentile, 2,356 median, 3,713 at the 90th percentile
  • Lot size: 0.04 acres at the 10th percentile, 0.1 median, 0.19 at the 90th percentile

The 293 detached homes have a median of 2,926 heated square feet on a median lot of 0.13 acres. The 281 townhomes have a median of 2,228 square feet (Wake County property records). M/I Homes is selling three-story townhomes with front-load two-car garages and a newer alley-entry design with two-car garages (M/I Homes, Friendship Station).

Recent sale prices

Wake County records show 33 recorded sales from October 2025 through September 2026. The median was $465,000, the middle 80% ranged from about $447,000 to $643,000, and the highest was $980,000. The 28 townhome sales had a median of $458,000 and the 5 detached home sales a median of $890,000. 24 of the 33 sales were homes built in 2025 or later (Wake County property records), so new construction shapes these numbers.

HOA

County records show two associations: Friendship Station Owners Association, Inc., which owns common areas, and Townes at Friendship Station Owners Association, Inc. Ask which one, or both, applies to a specific home. Ask for the dues, any special assessments and the resale fees for a specific home on the NC Residential Property and Owners' Association Disclosure Statement. On a new home, also ask the builder for the HOA budget and any planned changes to dues once the community is finished.

The Friendship Station market right now

For the 27502 ZIP code, which covers Apex, Redfin reports for the three months ending September 2026:

  • Median sale price: $524,846, down 8.7% year over year
  • Median days on market: 39, compared with 28 a year earlier
  • Homes sold in September: 235, compared with 237 a year earlier
  • Sale-to-list price: 98.7%
  • Homes with a price drop: 45.2%

What it means: the 27502 median fell year over year, homes took longer to sell, and about 45% of listings took a price cut. In Friendship Station, a resale townhome competes directly with new builder inventory, so check current builder prices and incentives before you set a price or make an offer.

Assigned schools

The Wake County Public School System assigns by address. For 2026-27, a sample of 60 Friendship Station addresses of homes built in 2015 or later were all zoned for Apex Friendship Elementary, Apex Friendship Middle and Apex Friendship High (WCPSS). WCPSS lists all three as capped, so a newly enrolling student may be assigned to an overflow school; see what a capped school means. Confirm any address with the WCPSS address lookup tool.

Things to do nearby

  • The Friendship Station pool, playground and play lawn, inside the community.
  • Downtown Apex and Salem Street, about 5.2 miles away.
  • Beaver Creek Commons, about 6.3 miles away.
  • Downtown Holly Springs, about 8.7 miles away.
  • Jordan Lake, about 11.1 miles away.

Buying in Friendship Station: what to check

  • New or resale: compare builder pricing, incentives and the builder warranty with resale homes.
  • Which association applies and the dues for each.
  • Construction still under way nearby, and plans for the retail and commercial space.
  • Front-load or alley-entry garage and parking.
  • School cap status and assignment by exact address.

See our buyer services page for how we help buyers.

Selling in Friendship Station: what buyers ask about

  • How your home compares with the builder's current plans and prices.
  • Upgrades, finished spaces and any remaining builder warranty.
  • HOA dues and what they cover.
  • Garage type and parking.
  • School assignment and cap status.

See how we sell homes, or start with a home value estimate.

Friendship Station FAQs

Where is Friendship Station?

Friendship Station is in southwest Apex near Richardson Road and Olive Farm Road. Most homes have Apex 27502 addresses. It is about 5.2 miles by road from downtown Apex.

Who is building Friendship Station?

M/I Homes. Its single-family homes are sold out, and it is now selling three-story townhomes.

Is Friendship Station still under construction?

Yes. Wake County records show homes built from 2019 to 2026, and M/I Homes of Raleigh still owned 143 parcels on Friendship Station plats in October 2026.

What do homes in Friendship Station cost?

Wake County records show 33 sales from October 2025 through September 2026, with a median of $465,000. Townhomes had a median of $458,000 and detached homes a median of $890,000.

What amenities does Friendship Station have?

The amenity center has a pool and cabana, a playground, a picnic area and a play lawn.

Does Friendship Station have an HOA?

Yes. County records show Friendship Station Owners Association, Inc. and Townes at Friendship Station Owners Association, Inc.

Which schools serve Friendship Station?

In a sample of 60 addresses for 2026-27, all were zoned for Apex Friendship Elementary, Middle and High, which WCPSS lists as capped. Check any address with the WCPSS address lookup tool.

Thinking of selling in Friendship Station?

Most recent Friendship Station sales were homes built in 2025 or later, so a resale has to compete with new inventory and builder incentives down the street. We price resales from both recent resales and current builder pricing.

Caul Group Residential is the #1 Resale Team in the Triangle. Our office is at 201 Shannon Oaks Circle, Suite 200, Cary, NC 27511. RealTrends Verified 2026 (based on 2025 sales) ranks our team, "Caul Team," #1 in Raleigh by sides and by volume. See the RealTrends profile. We have 5.0 stars on Zillow from 1,200+ reviews (Oct 2026). Read the reviews.

More on the area: Apex, Stillwater, Bella Casa and our Apex agents.