Mebane Home Prices & Values

$155,100 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 4.9% 1-year change
  • 3.2% 1-year forecast

The median home value in Mebane is $155,100. Mebane home values have gone up 4.9% over the past year and Zillow predicts they will rise 3.2% within the next year. The median list price per square foot in Mebane is $101, which is lower than the Durham Metro average of $126. The median price of homes currently listed in Mebane is $183,990 while the median price of homes that sold is $173,450.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Mebane is 7.0%, which is lower than the national value of 7.2%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Mebane homeowners underwater on their mortgage is 14.3%, which is lower than Durham Metro at 14.4%.

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Relative ZHVI
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Mebane Market Overview

Data through Jul 31, 2014
  • $155,100 ZHVI
  • 3.2% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $183,990 Median listing price
  • $173,450 Median sale price
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Mebane Market Health

Data through Jul 31, 2014
  • 7.4/10 Healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • 14.3% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 7.0% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Hillsborough $215,800 Hurdle Mills $183,900 Cedar Grove $164,300
Efland $157,600 Glen Raven $110,000 Graham $101,800
Burlington $89,600 Haw River $82,900 Green Level $73,400

Listings & Sales

Data through Jul 31, 2014
  • $101 Median list price / sq ft
  • $99 Median sale price / sq ft
  • 30.1% Listings with price cut
14.3%
Sold below listing
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Mebane Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,151 Mebane
$1,295 Durham Metro
$1,318 United States
  • 3.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • $0.72 Rent list price / sq ft
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