Is Zebulon, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Zebulon is a seller's market

Buyer's
Market

Difference Since September 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

$350,198

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$198(+0.1%)

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 $350,198 in September 2024, up 0.1% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $180K$235K
+30.6%
3 $338.9K$332.4K
-1.9%
4 $429K$373K
-13.1%
5+ $446.9K$482.5K
+8.0%

Summary: Zebulon housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 30.6%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes increased by 8%.

Median Sold Price Compared To Nearby Cities

O'Neals Township
0.5%
Little River Township
0.4%
Zebulon
0.1%

Housing Supply in Zebulon, NC

How many homes are available in Zebulon, NC?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
206197-4.4%

Summary: The Zebulon real estate market had 197 homes for sale in September 2024, a 4.4% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 134126
-6.0%
4 6261
-1.6%
5+ 76
-14.3%

Summary: The Zebulon housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
4642-8.7%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Zebulon, you may be able to get a good deal. 47.6% of homes here sold below asking price last month.

Summary: A total of 42 homes were sold or pending in Zebulon in September 2024, down by 8.7% month-over-month. Of the 42 sold homes, 48% were sold under asking, 43% were sold at asking, and 10% 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

Sep 2023Sep 2024CHANGE
108 Days56 Days-47.7%

Summary: Homes in Zebulon had an average of 56 days on market in Sep 2024, down by 47.7% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Zebulon are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 42 homes were sold in Zebulon; 55% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Sep 1, 2024

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