Mebane, NC 27302 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Mebane, NC—27302

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$348,000

0.3% YoY Growth

Household Income

$81,900

45.6% YoY Growth

Days on Market

53.0% Longer YoY

Home Price Forecast

2.8%

Median Rent

$1,540

1.2% YoY Growth

1-Bed Rent

$1,220

6.0% YoY Growth

2-Bed Rent

$1,540

3.8% YoY Growth

3-Bed Rent

$1,800

0.0% YoY Growth

Home Price Trends — Mebane, NC

As of Dec '25, the median home price in Mebane, NC is $348,000, with a year-over-year change of 0.3%. This indicates that home prices in Mebane, NC are flat. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$348,000	0.3%
Single Family	$349,000	0.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Mebane, NC

As of July '25, Rentcast reports the average rent in Mebane, NC is $1,600, with a year-over-year rent change of -1.2%. Per bedroom, the median rent as of July '25 in Mebane, NC is studios: $1,140, 1-bedrooms: $1,250, 2-bedrooms: $1,510, 3-bedrooms: $1,820, 4-bedrooms: $2,300. The most common rental property sizes in Mebane, NC are 2-bedroom and 3-bedroom, accounting for 45.2% and 24.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,540	$1,600
Studio Rent	$1,140	$1,140
1 Bed Rent	$1,220	$1,250
2 Bed Rent	$1,540	$1,510
3 Bed Rent	$1,800	$1,820
4 Bed Rent	$2,390	$2,300

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% of Rental Stock

Studio

2.3%

1 Bedroom

22.0%

2 Bedrooms

45.2%

3 Bedrooms

24.3%

4 Bedrooms

5.9%

5+ Bedrooms

0.2%

Property Listings — Mebane, NC

As of Dec '25, Realtor.com reports that the median days on market for a home in Mebane, NC is 73. This is a increase of 25.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$404,000	1.0%
Listing Count	220	18.0%
Listings as % of Homes	1.1%	18.0%
Days on Market	88	53.0%

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Demographics — Mebane, NC

As of the latest ACS Survey released in 2023, Mebane, NC has a population of 34,200, which has increased by 9.2% over the past 5 years. Mebane, NC is a moderately popular place for families, as children make up 21.9% of the population. The area has a moderately educated workforce, with 34.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.1% reporting working from home.

Metric	Latest Census	YoY % Change
Population	34,200	9.2%
% Under 18	21.9%	-15.1%
% Seniors	16.0%	23.1%
% WFH	13.1%	142.6%
% w/ College Degree	34.2%	16.3%

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As of the latest ACS Survey released in 2023, Mebane, NC is a predominantly white area, with 63.1% of the population identifying as white. The white population has shrunk by 6.9% in the last 5 years. The second most common race or ethnicity in Mebane, NC is black, making up 18.0% of the population. Foreign-born residents account for 8.1% of the population in Mebane, NC, and this percentage has increased by 55.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	63.1%	-6.9%
% Black	18.0%	-11.3%
% Hispanic	9.6%	26.3%
% Asian	2.7%	68.8%
% Foreign Born	8.1%	55.8%

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Mortgage and Risk — Mebane, NC

According to HUD data as of 2023, there were 679 mortgage originations in Mebane, NC, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Mebane, NC. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	679
% Conventional Loans	81.0%
% Government Loans	19.0%
% Investor Loans	2.0%
% Second Loans	1.0%
% Cash Out Refinance	8.0%

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Rentals and Section 8 — Mebane, NC

As of 2024, the percent of homes in Mebane, NC under the Section 8 program is 5.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Mebane, NC, because HUD payments exceed market rent, while 2-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD	229
Total Units Section 8	222
% Rentals under Section 8	5.2%
% Occupied Section 8	86.3%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$60	$1,220	$1,280
2 Bedroom	-$70	$1,540	$1,470
3 Bedroom	$50	$1,800	$1,850
4 Bedroom	-$130	$2,390	$2,260

Mebane, NC—27302

Key Metrics at a Glance

Home Price Trends — Mebane, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mebane, NC

% of Rental Stock

Property Listings — Mebane, NC

Demographics — Mebane, NC

Race and Ethnicity

Mortgage and Risk — Mebane, NC

Mortgages

Rentals and Section 8 — Mebane, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Mebane, NC

Home Price to Income Ratio

Mebane, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Efland, NC

Cedar Grove, NC

Haw River, NC

Burlington, NC

Hillsborough, NC

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.1
Median Home Price	$348,000
Median Household Income	$81,900

Mebane, NC—27302

Key Metrics at a Glance

Home Price Trends — Mebane, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mebane, NC

% of Rental Stock

Property Listings — Mebane, NC

Demographics — Mebane, NC

Race and Ethnicity

Mortgage and Risk — Mebane, NC

Mortgages

Rentals and Section 8 — Mebane, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Mebane, NC

Home Price to Income Ratio

Mebane, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Efland, NC

Cedar Grove, NC

Haw River, NC

Burlington, NC

Hillsborough, NC

Frequently Asked Questions

What is the average home price in Mebane, NC 27302?

How have home prices in Mebane, NC 27302 changed over the past year?

What is the home price projection for Mebane, NC 27302?

What are the demographics of Mebane, NC 27302?

How long does it take homes to sell in Mebane, NC 27302?

What is the average rent price in Mebane, NC 27302?