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 1,297, 561 total housing units (homes and apartments), and a median house value of $392,731, 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 66.09% of the city's housing units. Other types of housing that are prevalent in Zebulon include duplexes, homes converted to apartments or other small apartment buildings ( 13.77%), large apartment complexes or high rise apartments ( 12.75%), and a few mobile homes or trailers ( 5.94%).
The most prevalent building size and type in Zebulon are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 49.11% owning and 50.89% 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 ( 19.13%). A lesser amount of the housing stock also hails from before 1939 ( 16.09%). There's also some housing in Zebulon built between 1940-1969 ( 11.59%).
Vacant housing appears to be an issue in Zebulon. Fully 18.70% of the housing stock is classified as vacant. Left unchecked, vacant Zebulon homes and apartments can be a drag on the real estate market, holding Zebulon real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
In the last 10 years, Zebulon has experienced some of the highest home appreciation rates of any community in the nation. Zebulon real estate appreciated 122.43% over the last ten years, which is an average annual home appreciation rate of 8.32%, putting Zebulon in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Zebulon definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
NeighborhoodScout's data show that during the latest twelve months, Zebulon's appreciation rate, at 5.69%, has been at or slightly above the national average. In the latest quarter, Zebulon's appreciation rate has been 2.20%, which annualizes to a rate of 9.09%.
Relative to Georgia, our data show that Zebulon's latest annual appreciation rate is lower than 70% of the other cities and towns in Georgia.
$392,731
for Georgia
for nation
561
$1,624 / per month