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KNOTTS ISLAND, NC 27950

Real Estate Market Report  ·  Currituck County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
11
⇧ 37.5% vs 8 last year
Pending
4
36% pending ratio
Median Price
$440,000
⇩ 43.9% vs $783,750 last year
Average Price
$487,557
⇩ 28.4% vs $681,175 last year
Days on Market
40
⇩ 41.2% vs 68 days last year

Market Context

Population: 1,819  ·  Density: 23.6/mi²  ·  Median household income: $82,500

Typical home value: $191,163  ·  Homeownership: 92.1%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The KNOTTS ISLAND, NC real estate market (27950) currently shows 11 active listings, with 4 pending sales. Homes are averaging 40 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 40 days on market compared to 68 days last year.

The median listing price has fallen 43.9% year-over-year, from $783,750 to $440,000.

Whether you are buying or selling in KNOTTS ISLAND, NC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 11 this year vs 8 last year
  • Days on market: 40 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $440,000 (-43.9% YoY)
  • Average: $487,557 (-28.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.0 miles — 736 listings ($430,295,020 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
27950Knotts Island, NC 279500.0 mi11$5,363,127$440,000$487,557
27929Currituck, NC 279297.2 mi9$4,812,525$451,000$534,725
27958Moyock, NC 279588.9 mi113$61,296,624$546,450$542,448
27917Barco, NC 2791711.4 mi6$2,568,768$415,000$428,128
27973Shawboro, NC 2797311.8 mi17$7,349,049$411,203$432,297
23456Virginia Beach, VA 2345614.5 mi123$108,716,748$640,000$883,876
23322Chesapeake, VA 2332216.4 mi144$101,792,448$664,000$706,892
23453Virginia Beach, VA 2345318.4 mi34$13,438,636$362,450$395,254
23320Chesapeake, VA 2332019.7 mi95$41,889,300$425,000$440,940
23464Virginia Beach, VA 2346421.2 mi73$31,454,021$424,500$430,877
27939Grandy, NC 2793921.2 mi34$15,283,374$389,000$449,511
23450Virginia Beach, VA 2345022.6 mi1$200,000$200,000$200,000
23462Virginia Beach, VA 2346223.0 mi76$36,130,400$330,000$475,400

Frequently Asked Questions

How many homes are for sale in KNOTTS ISLAND, NC 27950?

As of January 2026, there are 11 active listings in KNOTTS ISLAND, NC (zip code 27950), compared to 8 the prior year.

What is the median home price in KNOTTS ISLAND, NC 27950?

The median listing price in KNOTTS ISLAND, NC 27950 is $440,000 as of January 2026, a 43.9% decrease from $783,750 the prior year.

How long do homes stay on the market in KNOTTS ISLAND, NC?

Homes in KNOTTS ISLAND, NC 27950 spend an average of 40 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in KNOTTS ISLAND, NC 27950?

Based on current inventory and days-on-market data as of January 2026, KNOTTS ISLAND, NC 27950 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 40 days on market compared to 68 days last year.

How much can I save on real estate commission in KNOTTS ISLAND, NC?

With SELL123.com's maximum 3% commission, sellers in KNOTTS ISLAND, NC 27950 save an estimated $8,800 compared to a typical 5% commission on the median listing price of $440,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.