Corapeake, NC—27926
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Corapeake, NC
As of Oct '25, the median home price in Corapeake, NC is $279,000, with a year-over-year change of 10.1%. This indicates that home prices in Corapeake, NC are increasing. According to Zillow, the 1-year price projection is 3.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $279,000 | 10.1% |
| Single Family | $279,000 | 9.8% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $281,000 | 9.3% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Corapeake, NC
Corapeake, NC lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Corapeake, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Corapeake, NC is 111. This is a increase of 323.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $409,000 | 48.0% |
Listing Count | 4 | 38.0% |
| Listings as % of Homes | 0.5% | 38.0% |
Days on Market | 111 | 323.0% |
Demographics — Corapeake, NC
As of the latest ACS Survey released in 2023, Corapeake, NC has a population of 1,880, which has increased by 20.8% over the past 5 years. Corapeake, NC is a moderately popular place for families, as children make up 20.7% of the population. The area has a poorly educated workforce, with 11.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,880 | 20.8% |
% Under 18 | 20.7% | -26.3% |
% Seniors | 26.8% | 100.0% |
% WFH | 0.7% | -91.1% |
% w/ College Degree | 11.0% | -47.4% |
As of the latest ACS Survey released in 2023, Corapeake, NC is a predominantly white area, with 68.2% of the population identifying as white. The white population has shrunk by 9.5% in the last 5 years. The second most common race or ethnicity in Corapeake, NC is black, making up 28.1% of the population. Foreign-born residents account for 0.5% of the population in Corapeake, NC, and this percentage has increased by Inf% 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 | 68.2% | -9.5% |
% Black | 28.1% | 21.1% |
% Hispanic | 0.4% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.5% | ∞% |
Mortgage and Risk — Corapeake, NC
Corapeake, NC lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Corapeake, NC
Corapeake, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.8% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,060 |
| 2 Bedroom | N/A | N/A | $1,210 |
| 3 Bedroom | N/A | N/A | $1,630 |
| 4 Bedroom | N/A | N/A | $2,000 |
Affordability — Corapeake, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4 |
| Median Home Price | $279,000 |
| Median Household Income | $57,900 |