Sweetwater, Apex NC: Neighborhood Guide and Homes for Sale

Caul Group Residential, brokered by eXp Realty

Sweetwater is a newer neighborhood on the west side of Apex, ZIP 27523, with about 410 homes built mostly from 2017 to 2020 and its own town center with a Harris Teeter, shops and apartments. Wake County records show 19 home sales there from October 2025 to September 2026, at a median price of $635,000.

Here is where Sweetwater is, what the homes are like, what the town center offers, and what homes sold for this past year.

Where Sweetwater is

Sweetwater sits on US 64 about 1.3 miles west of I-540, along Richardson Road (Sweetwater Town Center). All of it is inside the Town of Apex, and its homes use ZIP 27523 (Wake County property data).

By road from the Sweetwater clubhouse on Core Banks Street (OpenStreetMap routing, October 2026):

  • Harris Teeter at Sweetwater Town Center: about 0.3 miles
  • Apex Nature Park: about 2.0 miles
  • Kelly Road Park: about 2.6 miles
  • Beaver Creek Commons shopping: about 3.1 miles
  • American Tobacco Trail, New Hill access: about 4.0 miles
  • Apex Town Hall, near downtown: about 4.8 miles
  • Research Triangle Park: about 13.6 miles
  • RDU Airport: about 16.4 miles

A neighborhood built around a town center

Sweetwater Town Center is the commercial part of the Sweetwater community. Its owners describe a 45-acre site with a "neo-traditional" design, free parking, EV charging and a Market Square event lawn that hosts concerts, farmers markets and ice skating (Sweetwater Town Center).

  • Groceries. Harris Teeter lists its store at Sweetwater Town Center, 2810 Teachey Place. Wake County records show the store building was finished in 2024.
  • Apartments and shops. The east side of the town center has four mixed-use buildings with 230 apartments and about 66,000 square feet of retail (New York Real Estate Journal, 2024).
  • Child care. Lightbridge Academy has an 11,200 square foot center at 1075 Newland Avenue that opened in 2021 (New York Real Estate Journal; Wake County records).
  • Clubhouse, pool and playground. Wake County records show a 4,160 square foot clubhouse, built in 2018, on the 2.68-acre Sweetwater recreation lot at 2775 Core Banks Street. The Wake County Health Department permits a seasonal pool there, and its 2026 pool inspection notes a playground next to the pool area.
  • Swim team. The Sweetwater Sailfish swim in the southern league of the Tarheel Swim Association (Tarheel Swim Association, 2026 standings).

Home styles and sections of Sweetwater

Wake County records about 413 homes on parcels named for Sweetwater. What the county data shows:

  • Build years: 2017 to 2024. About 9 in 10 were built from 2017 to 2020, and only a few have been built since 2022.
  • Detached homes: about 350 conventional single-family homes. Most have about 2,070 to 4,340 heated square feet, and the middle is about 2,450. Lots are compact, with a middle size of about 0.11 acre.
  • Townhouse-style homes: about 63, built from 2017 to 2019, with about 1,780 to 2,180 heated square feet on lots of about 0.05 acre.
  • Common land: Wake County lists 17 HOA open space parcels in Sweetwater.

That means Sweetwater has newer homes on smaller lots, with many homes a short drive or walk from the town center shops.

HOA

Ask the seller or listing agent for the current HOA dues, what they cover, and the rules on exterior changes and rentals. Townhouse-style homes may have a separate fee for exterior care, so ask what applies to the home you want. Wake County records list Sweetwater Property Owners Association Inc as the owner of the recreation lot and the common land.

The Sweetwater market right now

Wake County property records list 19 Sweetwater home sales over $100,000 recorded from October 2025 through September 2026:

  • Detached homes: 15 sales, from $500,000 to $1,300,000. The median was $771,500.
  • Townhouse-style homes: 4 sales, from $380,000 to $405,000. The median was $400,000.
  • All 19 sales: a median of $635,000.

For context, Redfin's ZIP 27523 had a median sale price of $736,000 in the three months ending September 2026, down 7.3% year over year, and homes sold in about 48 days, compared with 13 days a year earlier. For all of Apex, Redfin shows a median sale price of $569,729 for the same period, down 2.6%, with a median of 38 days on market, and 44.7% of Apex listings had a price drop.

What it means: homes across the area are taking longer to sell than a year ago, so buyers have more time to compare. Sweetwater sellers should set a price from recent Sweetwater sales of the same home type.

Assigned schools

The Wake County Public School System assigns schools by address. For the 2026-27 school year, the two Sweetwater addresses we checked (one on Brown Velvet Lane and one on Russet Lane) were assigned to:

  • Elementary: Olive Chapel Elementary (year-round calendar)
  • Middle: Lufkin Road Middle (year-round calendar)
  • High: Apex Friendship High

WCPSS lists Olive Chapel Elementary and Apex Friendship High as capped for 2026-27. A newly enrolling student at a capped school may be placed at the overflow school, which WCPSS lists as Turner Creek Elementary and Apex High for these addresses. Assignments can change every year, and nearby streets may differ. Run the exact address through the WCPSS address lookup. Some schools that serve this area run on a year-round calendar. Check the current assignment with the WCPSS address lookup, and see how year-round and traditional calendars work in Wake County.

Parks, shopping and dining nearby

  • Sweetwater Town Center, with Harris Teeter, shops and the Market Square event lawn, about 0.3 miles from the clubhouse.
  • Apex Nature Park, at 2600 Evans Road, about 2.0 miles. It covers over 160 acres with an amphitheatre, disc golf, a dog park, and lighted tennis and pickleball courts (Town of Apex).
  • Kelly Road Park and the Beaver Creek Greenway, about 2.6 miles by road.
  • Beaver Creek Commons, about 3.1 miles, and downtown Apex, with Apex Town Hall about 4.8 miles away.

Buying in Sweetwater: what to check

  • Home type. Detached homes and townhouse-style homes sold in very different price ranges this past year. Compare like with like.
  • Lot size. Many lots are about a tenth of an acre. Check the yard, setbacks and any HOA rules on fences and sheds.
  • Builder warranty. Many homes are under 10 years old. Ask what warranty items were claimed and whether any coverage is left.
  • Town center activity. Some streets are near shops and the event lawn. Visit at night and on a weekend to see how it feels.
  • Schools. Check the exact address for the current school year, including cap and overflow notes.

Selling in Sweetwater: what buyers ask about

  • Upgrades with dates. Buyers compare similar newer homes, so list your upgrades, like flooring, lighting or a screened porch.
  • Dues and what they cover. Have HOA details ready, including any townhome exterior fee.
  • Distance to the town center. Buyers often ask how far the home is from Harris Teeter and Market Square.
  • Price. Homes in ZIP 27523 took about 48 days to sell in the latest Redfin period. A price based on recent Sweetwater sales of the same home type helps you avoid a long wait.

Sweetwater FAQs

Where is Sweetwater in Apex?

Sweetwater is on the west side of Apex on US 64, about 1.3 miles west of I-540, along Richardson Road. It is inside the Town of Apex, and its homes use ZIP 27523.

What amenities does Sweetwater have?

Sweetwater has its own town center with a Harris Teeter, shops, apartments and a Market Square event lawn. The Sweetwater recreation lot has a 4,160 square foot clubhouse, a seasonal pool and a playground, based on Wake County records, and the pool is home to the Sweetwater Sailfish swim team. Ask the HOA for the current list of amenities and what the dues cover.

Are new homes still being built in Sweetwater?

Very few. Wake County records show about 9 in 10 Sweetwater homes were built from 2017 to 2020, and only a few have been built since 2022. Most homes for sale here now are resales.

What kinds of homes are in Sweetwater?

Wake County records show about 413 Sweetwater homes built from 2017 to 2024. About 350 are detached homes, most with about 2,070 to 4,340 heated square feet. About 63 are townhouse-style homes with about 1,780 to 2,180 heated square feet.

Which schools serve Sweetwater addresses?

For 2026-27, the Sweetwater addresses we checked were assigned to Olive Chapel Elementary, Lufkin Road Middle and Apex Friendship High. Two of these schools are capped, so new students may be placed at an overflow school. Confirm any address with the WCPSS address lookup.

What are Sweetwater homes selling for right now?

Wake County records show 19 Sweetwater home sales from October 2025 to September 2026. Detached homes sold for $500,000 to $1,300,000, with a median of $771,500. Townhouse-style homes sold for $380,000 to $405,000.

Thinking of selling in Sweetwater?

We are the #1 Resale team in the Triangle, with a team of about 50 agents. Caul Group Residential's office is at 201 Shannon Oaks Circle, Suite 200, Cary, NC 27511, and Tina Caul has been in real estate since 2001. We have 5.0 stars on Zillow from 1,200+ reviews (Oct 2026). Caul Group closed 52 homes in Apex in the last 12 months (Caul Group transaction records, Oct 2026). Read the reviews.

More on the area: Apex, our Apex agents, and our Apex neighborhood guides for Scotts Mill and Bella Casa.