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| JULY 2025 | |||
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| Zip Code(s): 27302 | |||
| Units Sold 52 |
Active Inventory 127 |
Median Sale Price $379,000 |
Days On Market 40 |
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| Up 27% Vs. Year Ago |
Down -1% Vs. Year Ago |
Down -3% Vs. Year Ago |
Down -27% Vs. Year Ago |
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Units Sold
The number of units sold remained stable in July, with 52 sold this month in Mebane Real Estate. This month's total units sold was higher than at this time last year, an increase of 33% versus July 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 1 units or 1%. The total number of active inventory this July was 127 compared to 128 in July 2024. This month's total of 127 is lower than the previous month's total supply of available inventory of 129, a decrease of 2%. |
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Median Sale Price
Last July, the median sale price for Mebane Homes was $389,990. This July, the median sale price was $379,000, a decrease of 3% or $10,990 compared to last year. The current median sold price is 7% higher than in June. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 56 |
Current Contracts 49 |
Sold Vs. List Price 98.1% |
Months of Supply 2.4 |
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| Up 33% Vs. Year Ago |
Up 58% Vs. Year Ago |
Down -0.9% Vs. Year Ago |
Down -22% Vs. Year Ago |
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Months of Supply
In July, there was 2.4 months of supply available in Mebane, compared to 3.1 in July 2024. That is a decrease of 22% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand. |
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New Listings & Current Contracts
This month there were 56 homes newly listed for sale in Mebane compared to 42 in July 2024, an increase of 33%. There were 49 current contracts pending sale this July compared to 31 a year ago. The number of current contracts is 58% higher than last July. |
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Sale Price to List Price Ratio
In July, the average sale price in Mebane was 98.1% of the average list price, which is 0.9% lower than at this time last year. Days on Market
This month, the average number of days on market was 40, lower than the average last year, which was 55, a decrease of 27%. | |||
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Mebane are defined as properties listed in zip code/s 27302. | ||
| *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. | |||
 Information included in this report is based on data supplied by TRIANGLE and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of TRIANGLE or Long & Foster Real Estate, Inc. |
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