Is Zebulon, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Zebulon has remained a Seller's Market.
Key Takeaway
Zebulon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Zebulon, NC
How much do homes in Zebulon, NC cost?
Median Sold Price
$352,663
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in Zebulon has remained the same since last year.
Summary: The median home sold price in Zebulon was $352,663 in May 2024, down 0.4% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $193K | $240K | +24.4% |
| 3 Bedrooms | $344.9K | $339.3K | -1.6% |
| 4 Bedrooms | $409.9K | $376K | -8.3% |
| 5+ Bedrooms | $417.9K | $466.9K | +11.7% |
Summary: Zebulon housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 24.4%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 11.7%.
Median Sold Price Compared To Nearby Cities
| Little River Township | $349.9K | $349.9K | 0% |
| Zebulon | $354.2K | $352.6K | -0.4% |
| O'Neals Township | $349.9K | $343K | -2.0% |
Housing Supply in Zebulon, NC
How many homes are available in Zebulon, NC?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 225 | 206 | -8.4% |
Summary: The Zebulon real estate market had 206 homes for sale in May 2024, a 8.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 166 | 157 | -5.4% |
| 4 Bedrooms | 47 | 38 | -19.1% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Zebulon housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.4%, 4 bedroom homes decreased by 19.1%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 45 | 51 | +13.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
26 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Zebulon, expect to pay close to the asking price. 51% of homes here sold near the asking price last month.
Summary: A total of 51 homes were sold or pending in Zebulon in May 2024, up by 13.3% month-over-month. Of the 51 sold homes, 29% were sold under asking, 51% were sold at asking, and 20% were sold over asking.
Days on Market for Zebulon, NC
How long does it take to sell a home in Zebulon, NC?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 140 Days | 36 Days | -73.7% |
Summary: Homes in Zebulon had an average of 36 days on market in May 2024, down by 73.7% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Zebulon are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 51 homes were sold in Zebulon; 69% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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