Anyone know about Zebulon? Lower end houses?

[Eric F.]

I have spoken with a seller about a house in Zebulon, NC and we have agreed on what he would like to get. The trouble is there are no sales near the house anytime recently. It is close to downtown but on a low income street. 

Is anyone familiar with the area? I think I have a decent deal here, but I want to check with someone who knows the area to make sure I am not way off.  Was a 3 bedroom, but became 2 bedroom (could be 3), old house, but in decent shape.

For the record the Zillow, trulia, etc estimates are all over 80k, which seems outlandish.