Is Corapeake, NC 27926 a buyer’s or seller’s market?
Corapeake is a seller’s market. With about 2.1 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Corapeake housing market right now
In the three months ending August 31, 2026, 0% of homes in Corapeake, NC 27926 sold above their list price, the typical home went under contract in 109 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (32 days then) and the median sale price rose 15% to $324,859. Overall, Corapeake is less competitive than a year ago, which gives buyers more room.
Within Gates County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Hobbsville 27946 (100% sold over asking) and Eure 27935 (33% sold over asking) are even more competitive.
Run the numbers for 27926
Nearby markets
Eure 27935Seller’s market $130 /sq ftGates 27937Seller’s market $195 /sq ftGatesville 27938 — /sq ftHobbsville 27946Seller’s market $175 /sq ft Browse all markets →Towns like Corapeake nearby
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Questions about Corapeake real estate
Is Corapeake a buyer’s or seller’s market?
A seller’s market: there were 2.1 months of supply in Corapeake, NC 27926 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Corapeake?
The typical home went under contract in 109 days in the latest three months.
Do homes in Corapeake sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.
What are property taxes in Corapeake?
About 0.76% of a home’s value a year in Gates County, or roughly $3,040 on a $400,000 home.
What is the median home price in Corapeake?
The median sale price was $324,859 in the three months ending August 31, 2026, about $217 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology