Zebulon, North Carolina.
Typical home $337,776 (-0.4% in a year), asking rent $1,951 (+3.0%). Raleigh-Cary, NC metro.
to buy the typical home at today's mortgage rate — +$940 (+113%) since Jan 2020.
- 1 year
- Down $1,435 -0%
- $339,211$337,776 since Sep 2025
- 5 years
- Up $47,054 +16%
- $290,722$337,776 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Zebulon$1,773
- North Carolina$1,743
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 23 years.
Typical home values in Zebulon, NC fell 0.4% over the past year — slower than the nation's +1.2%.
Asking rents in Zebulon, NC rose 3.0% over the past year — faster than the nation's +2.7%.
Owning the typical home in Zebulon runs $382/mo more than renting one. The gap peaked at $612 in Oct 2023.
That is $2,333 a month against $1,951 rent: a $1,773 mortgage payment, plus $199 property tax and $362 insurance & upkeep.
Owning vs renting — Zebulon
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$2,333
- Renting$1,951
- Mortgage only$1,773
Property tax · $199/mo 0.71% of value a year — the ACS 2020-2024 median bill over the median home value for Wake County, NC
Insurance & upkeep · $362/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Zebulon, Wake County, North Carolina
Zebulon is a town of 6,903 people in Wake County. Half its households earn more than $79,112 a year and half less, against $105,768 across Wake County; 9% of its people live below the poverty line. 63% of its homes are lived in by their owners and 37% are rented. Unemployment in Wake County was 3.1% in August 2026, and the county had 1.9% more jobs in 2025 than the year before. The most residents work in schools and health care, then construction.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Zebulon is a small town in Wake County, with fewer people than most places in the Raleigh area and incomes that run below the county's. Most homes are lived in by their owners, and the poverty rate is modest. Winters are cool, with January the coldest month, summers are hot, and rain and a little melted snow fall through the year.
Work. Residents work mostly in schools, hospitals and social care, the building trades, professional and business services, and manufacturing. Some of the largest workplaces in town are US Foods, which runs a food distribution warehouse, along with Walmart and the Carolina Mudcats baseball club. Commutes are fairly long, and a good number of people work from home.
Things to do. For time outdoors, Falls Lake is a reservoir, and William B. Umstead State Park is a protected area of woods and trails. Each is a longer drive away. The North Carolina Museum of Natural Sciences, also a longer drive away, is a museum that suits a rainy afternoon.
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- 3,252households
- 31%of adults have a degree
- 9%below the poverty line
- 33 mintypical commute
- 22%work from home
What residents work in
Employed residents by industry, from the Census survey. Wake County had 665,775 jobs in 2025, 1.9% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 53° and lows near 31°; warmest in July, with highs near 90° and lows near 70°. About 50 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Clayton 3E weather station, 14 miles away (NOAA).
Largest workplaces in Zebulon
- US FoodsFood distribution warehouse604
- WalmartWarehouse clubs and supercenters316
- Carolina Mudcats Carolina MudcatsBaseball club minor leagues105
- Food LionGrocery stores92
- Sovereign Carolina HoldingsSkilled nursing facilities88
- Rifenburg North CarolinaPavement, highway, road, street, bridge or airport runway, construction77
- DHL Supply ChainMotor freight transportation and warehousing63
- Carlie C's IGA- StoreGrocery stores62
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 15 workplaces with 20 or more staff, 1,705 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- HailRelatively moderate
- Heat wavesRelatively moderate
- TornadoesRelatively moderate
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Zebulon’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Wake County and the Raleigh-Cary, NC metro.
Zebulon home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Zebulon$337,776
- North Carolina$332,159
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Zebulon listings, and the typical home goes pending in 34 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Zebulon29.93%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Zebulon34
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Zebulon169
New listings per month
Sellers arriving at the market.
- Zebulon44
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Zebulon$331,563
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Zebulon98.44%
Zip codes with a Zebulon address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Zebulon — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.