The prices in real estate in Zebulon, in the North Carolina region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Zebulon has increased strongly during the last 6 months. In September, the average price per sq.feet was $197. In October this price pretty much remained the same at a value of $196 per sq.feet. The price for the following two months in (November, December) had a considerable increment of 250 %. The price per sq.feet has had a considerable increase of 379 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $344.25 to $1,304 during January, and February.
Based upon to the price in Zebulon (cities), these have remained the same in the last 6 months. The price in September is $388,831, rising in October till $411,762. During the following two months (November, December) the average price fell 95 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $390,271 to $360,359.5 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $369,831 they are 69 % more affordable than the average price for Zebulon. The properties with the lowest average price have 4 bedrooms, Their price is 21 % cheaper than the average. After that we have properties with 3 bedrooms priced at $253,797.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $80 / sq.feet, with an average $1,689 / sq.feet price in Zebulon. The properties with the lowest average prices have 2 bedrooms. They are 93 % cheaper than the average followed by properties with 3 bedrooms with a price at $93 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $369,831 it is 46 % cheaper than the average price in Zebulon. "Detached House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Detached House". At a price of $210,064 it is 29 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $46 / sq.feet followed by "Detached House" priced at $58 / sq.feet. "House" is the cheapest type of property with a $99 / sq.feet value followed by "Detached House" with an average price of $58 / sq.feet.