Mebane, NC—27302
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mebane, NC
As of Oct '25, the median home price in Mebane, NC is $350,000, 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 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $350,000 | 0.3% |
| Single Family | $351,000 | 0.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $248,000 | 0.4% |
3 Bed | $335,000 | 0.3% |
4 Bed | $422,000 | 0.0% |
| 5 Bed | $467,000 | 0.2% |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Mebane, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Mebane, NC is 65. This is a increase of 10.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $423,000 | -1.0% |
Listing Count | 244 | 14.0% |
| Listings as % of Homes | 1.1% | 14.0% |
Days on Market | 65 | 10.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Mebane, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $350,000 |
| Median Household Income | $81,900 |