Zebulon, NC
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Zebulon, NC Real Estate Data


Zebulon Housing Market Information

With a population of 4,964, 1,382 total housing units (homes and apartments), and a median house value of $161,788, Zebulon real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Zebulon, accounting for 61.57% of the town's housing units. Other types of housing that are prevalent in Zebulon include duplexes, homes converted to apartments or other small apartment buildings ( 16.16%), mobile homes or trailers ( 14.23%), and a few row houses and other attached homes ( 6.05%).

The most prevalent building size and type in Zebulon are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 60.15% owning and 39.85% renting.

There is a lot of housing in Zebulon built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Zebulon built between 2000 and later ( 21.68%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.30%). There's also some housing in Zebulon built before 1939 ( 7.45%).

Zebulon Home Appreciation Rates

Real estate appreciation rates in Zebulon's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 0.13% during the period.

Appreciation rates are so strong in Zebulon that despite a nationwide downturn in the housing market, Zebulon real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Zebulon appreciation rates continue to be some of the highest in America, at 6.58%, which is higher than appreciation rates in 80.87% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Zebulon. Zebulon appreciation rates in the latest quarter were at 2.17%, which equates to an annual appreciation rate of 8.95%.

Relative to North Carolina, our data show that Zebulon's latest annual appreciation rate is higher than 80% of the other cities and towns in North Carolina.

Average Home Values

 

Median Home Value:
$161,788

Zebulon, NC HOME PRICES

Value Range
> $1,116,000 0.2
$837,001 - $1,116,000 0.4
$558,001 - $837,000 0.1
$446,001 - $558,000 7.5
$334,001 - $446,000 9.1
$223,001 - $334,000 7.2
$111,001 - $223,000 37.3
$55,001 - $111,000 28.2
$0 - $55,000 9.9

High for NC
Average for Nation

Value Relative to Nation Value Relative to State
46.0238917842712 39.5644283121597

Number Of Homes And Apartments:
1,382

Rent & Ownership

 

Average Market Rent:
$1,106 / per month

Homeownership Rate

Homeownership
Owners 60.15
Renters 39.85
Vacant 8.11

Housing Market Details

 

Age of Homes

AGE OF Zebulon HOMES
2000 or Newer 21.7
1970 - 1999 56.6
1940 - 1969 14.3
1939 or Older 7.4

Types of Homes

TYPE OF Zebulon HOMES
Single-Family 61.6
Townhomes 6.1
Small Apt. Buildings 16.2
Apt. Complexes 2.0
Mobile Homes 14.2
Other 0.0

Home Size

SIZE OF Zebulon HOMES
No Bedroom 2.06
1 Bedroom 1.99
2 Bedrooms 23.14
3 Bedrooms 59.97
4 Bedrooms 12.17
5 or more bedrooms 0.66

Zebulon Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NC*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
13.77% 0.76% 2 1
* 10 is highest