Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 8,665, 2,633 total housing units (homes and apartments), and a median house value of $433,386, Zebulon real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Zebulon, accounting for 69.29% of the town's housing units. Other types of housing that are prevalent in Zebulon include mobile homes or trailers ( 11.73%), duplexes, homes converted to apartments or other small apartment buildings ( 11.73%), and a few large apartment complexes or high rise apartments ( 5.92%).
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 59.44% owning and 40.56% 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 ( 32.67%). A lesser amount of the housing stock also hails from between 1940-1969 ( 17.48%). There's also some housing in Zebulon built before 1939 ( 1.46%).
Appreciation rates for homes in Zebulon have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 107.50%, which ranks in the top 30% nationwide. This equates to an annual average Zebulon house appreciation rate of 7.57%.
Over the last year, Zebulon appreciation rates have trailed the rest of the nation. In the last twelve months, Zebulon's appreciation rate has been 1.65%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Zebulon were at 1.24%, which equates to an annual appreciation rate of 5.07%.
Relative to North Carolina, our data show that Zebulon's latest annual appreciation rate is lower than 90% of the other cities and towns in North Carolina.
One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Zebulon differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Zebulon - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Zebulon real estate investment or home purchase decisions.
$433,386
for North carolina
for nation
2,633
$1,472 / per month