Knotts Island 27950

Virginia Beach-Norfolk-Newport News, VA-NC · Currituck County, NC · 1,129 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

51affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
29.9%
stretched
Days on market
117
daily
Price cuts
0.0%
of active
Look up an address
56
/100
mixed
stable · balanced · prices easing year-over-year.

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

72/ 100SellerBalancedBuyer
Negotiate Hard
DOM: 92d (falling) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)25
Valuation Gap (25%)100
Supply & Demand (20%)100
Buy vs Rent (15%)75
Cancellation Rate (10%)50
Days on Market (5%)100

Moderate buyer leverage in 27950. Room to negotiate 5-10% below list. Payment burden: 30.0% of median income. Median days on market: 92. Renting is approximately 107% cheaper than buying (price-to-rent ratio: 24.9). Market appears 42% overpriced vs. assessed values.

What to Offer

Offer 5-10% below list. You have room to negotiate.

Conditions resemble 2019 pre-pandemic levels — moderate overvaluation with slowing demand. Negotiation room exists.
STABLEBALANCED

Market is holding steady with balanced conditions. Conditions are balanced between buyers and sellers.

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Market snapshoteach number, once

Median price
$410,517
▾ 0.3% YoY
Days on market
117
daily · zip_data
Median rent
$1,375
ZORI
Investor score
35/100
cash-flow lens
Active listings
16
90-day

Valuation3 lenses, different anchors

vs assessor
—
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$0
county CAMA · properties_v
vs income
—
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+68.2%
County-wide market — the widest, slowest signal.
Currituck+68.2%
Lotvox comps · mv_valuation_gap
Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$273
Price-to-income4.9×

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How 27950 ranks in NC
percentile vs all NC ZIPs
Comparative ranking not available for this ZIP.

Affordability, supply & momentum

5SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply15.0 mo
Days on Market117d
Inv vs History+47.5%
Listing Density18.5/1k
Market dynamics
Price cut %0.0%
Momentumstable
LeverageBALANCED
Months of supply15
Sales (90d)0
Investment analysis
Median rent$1,375
Price-to-rent24.9
Est. cap rate2.6%
Buy vs rentfavors renting

Livability

Walk score—
Transit score—
Bike score—

Historical trends

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Currituck County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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Virginia Beach–Norfolk Metro·Overpriced ZIPs·Investor ZIPs·View on Map·Currituck County