Housing Insights for ZIP Code 27926 (Corapeake, NC)

Housing Summary for ZIP Code 27926

Homeowners

The median home value in ZIP Code 27926 (Corapeake, NC) is $156,400. Approximately 78.2% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 1.5%.

The average occupancy of owner-occupied units in ZIP Code 27926 is 2.55 occupants, while owner-occupied units have an aggregate average size of 3.08 bedrooms per housing unit.

Renters

In the 27926 ZIP Code, an estimated 21.8% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 0.0%.

Among renter-occupied units in this ZIP, the average occupancy is 2.85 occupants, while renters in this Gates County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 27926

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 27926.

ZIP 27926 North Carolina U.S.
Median Home Value $156,400 $339,288 $356,002
Owner-Occupied Housing Units 78.2% 65.2% 64.0%
Homeowner Vacancy Rate 1.5% 1.8% 1.6%
Average Size of Owner-Occupied Unit 2.55 2.57 2.70
Average # of Bedrooms Per Unit 3.08 2.84 2.75
Median Housing Rent $0 $907 $1,062
Renter-Occupied Housing Units 21.8% 34.8% 36.0%
Rental Vacancy Rate 0.0% 6.8% 6.0%
Average Size of Renter-Occupied Unit 2.85 2.43 2.49
Percent of Income Spent on Rent 0% 29.19% 29.83%

Home Values in ZIP Code 27926 (Corapeake, NC)

The median home value in ZIP Code 27926 is $156,400. That median value is about 9% lower than the median home value of $172,500 in North Carolina overall, and is 28% lower than the $217,500 the median home value in the entire U.S. In ZIP Code 27926, about 28.7% of homes are valued $150,000 to $199,999. That is 70% higher than in North Carolina, in which 16.9% of homes are valued at $150,000 to $199,999, and is about 105% higher than in the U.S. overall (14.0% of homes valued at $150,000 to $199,999). The home value range that the smallest portion of ZIP Code 27926 homes fall into is $1,000,000 or more (0.0% of homes).

Home Values in ZIP Code 27926

This chart visualizes the breakdown of home values in ZIP Code 27926, North Carolina, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 27926 vs. home values in both the state of North Carolina and in the U.S. overall.

Home Values in ZIP Code 27926

See the table below for a regional comparison of home values in ZIP Code 27926.

Home Value ZIP 27926 North Carolina U.S.
Less than $50,000 23.4% 7.9% 6.9%
$50,000 to $99,999 16.8% 15.2% 12.0%
$100,000 to $149,999 7.5% 17.9% 13.3%
$150,000 to $199,999 28.7% 16.9% 14.0%
$200,000 to $299,999 13.1% 19.8% 19.6%
$300,000 to $499,999 10.5% 15.3% 19.3%
$500,000 to $999,999 0.0% 5.8% 11.4%
$1,000,000 or more 0.0% 1.2% 3.4%

Home Ages in ZIP Code 27926 (Corapeake, NC)

Approximately 27.0% of homes in this Corapeake, NC region were built in 1990 to 1999. This amount of homes built in 1990 to 1999 in ZIP Code 27926 is about 36% higher than percentage of homes built in this time period in North Carolina overall (19.9% of homes), and is 94% higher the percentage (13.9% of homes) in the U.S. as a whole. Additionally, an esimated 21.8% of local homes were built in 1980 to 1989. On the other end of the scale, just 0.0% of homes in this Gates County ZIP Code were built in 1960 to 1969 in ZIP Code 27926. In comparison, 8.9% of homes in North Carolina overall were built in 1960 to 1969, while 10.6% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 27926

A detailed regional comparison of home ages in ZIP Code 27926.

Year Built ZIP 27926 North Carolina U.S.
2014 or later 3.0% 3.3% 2.5%
2010 to 2013 1.2% 3.9% 2.7%
2000 to 2009 18.5% 19.4% 14.0%
1990 to 1999 27.0% 19.9% 13.9%
1980 to 1989 21.8% 15.4% 13.4%
1970 to 1979 7.5% 13.7% 15.2%
1960 to 1969 0.0% 8.9% 10.6%
1950 to 1959 4.5% 6.9% 10.3%
1940 to 1949 6.6% 3.5% 4.9%
1939 or earlier 10.0% 5.2% 12.6%

Age of Homes in ZIP Code 27926

See the chart below for details on the age of homes in ZIP Code 27926, North Carolina, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 27926

Frequently asked questions about housing in this Corapeake, NC ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 27926.

1

What is the average home value ZIP Code 27926?

The median home value in ZIP Code 27926 (Corapeake, NC) is $156,400.
2

Are homes expensive in ZIP Code 27926?

The median home value in 27926 ($156,400) is an estimated 9% lower than the aggregate median value of $172,500 in North Carolina, and is 28% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 27926?

The vacacy rate for owner-occupied housing in ZIP Code 27926 is 1.5%. This rate is 17% lower than the overall North Carolina owner-occupied vacancy rate of 1.8%. Additionally, the 27926 vacancy rate is 6% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 27926 have older homes or newer construction?

In ZIP Code 27926, about 27.0% of homes were built in 1990 to 1999. That time range includes the most home construction. Also, 21.8% of homes in the region were built in 1980 to 1989. In contrast, 0.0% of homes in 27926 were built in 1960 to 1969.
5

What is the housing breakdown in ZIP Code 27926? Are there more rentals or owner-occupied units?

There is more owner-occupied housing in 27926 than renter-occupied housing. Owner-occupied units make up 78.2% of housing, compared to 21.8% for renter-occupied units.
6

Are rental vacancy rates high in ZIP Code 27926?

The vacacy rate for rental units in ZIP Code 27926 is 0.0%. This rate is 100% lower than the overall North Carolina vacancy rate of 6.8%. Additionally, the 27926 vacancy rate is 100% lower than the entire U.S. vacancy rate of 6.0%.