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 April 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

$359,555

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$4,555(+1.3%)

Key Takeaway

Homes in Zebulon have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in Zebulon was $359,555 in April 2024, up 1.3% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $193K$230K
+19.2%
3 $345K$339.2K
-1.7%
4 $407.9K$380K
-6.8%
5+ $430K$460K
+7.0%

Summary: Zebulon housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.2%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes increased by 7%.

Median Sold Price Compared To Nearby Cities

Zebulon
+1.3%
Little River Township
+0.7%
O'Neals Township
-3.5%

Housing Supply in Zebulon, NC

How many homes are available in Zebulon, NC?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
157164+4.5%

Summary: The Zebulon real estate market had 164 homes for sale in April 2024, a 4.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 101108
+6.9%
4 4742
-10.6%
5+ 69
+50.0%

Summary: The Zebulon housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 6.9%, 4 bedroom homes decreased by 10.6%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3442+23.5%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Zebulon, expect to pay close to the asking price. 52.4% of homes here sold near the asking price last month.

Summary: A total of 42 homes were sold or pending in Zebulon in April 2024, up by 23.5% month-over-month. Of the 42 sold homes, 40% were sold under asking, 52% were sold at asking, and 7% 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

Apr 2023Apr 2024CHANGE
151 Days50 Days-67.0%

Summary: Homes in Zebulon had an average of 50 days on market in Apr 2024, down by 67% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

8 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 April 2024, 42 homes were sold in Zebulon; 50% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 19% 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 10 Days Ago

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