Market insights

What really happens to homes listed in Navassa

The numbers most home sites don't show: how many listings never sell, how long homes really take, and what they sell for against the first asking price.

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Buddy Blake Team · Coldwell Banker Sea Coast Advantage

Market insights: Navassa

October 1, 2026
(910) 395‑1000 · buddyblake.ai

Navassa Homes Sell Fast: 29 Days Typical

In Navassa, homes that sold over the last 12 months took a typical 29 days and sold at 99.7% of asking price. Price it right from the start and you're looking at 13 days on market. Price it wrong and you're looking at 77 days, plus a bigger discount.

Summary written September 30, 2026 from that day's numbers. The figures in the tiles update every hour, so they can differ slightly.

19 sold out of every 20 listed 1 didn't expired, withdrawn or canceled

Which pile do you want to be in?

Out of every 20 homes listed in Navassa over the last 12 months, the solid houses sold. The outlined ones expired, were withdrawn or were canceled.

Priced right from day one: sold in a median 13 days. Needed price cuts: 75 days, and sold for 93.6% of the first price.

What waiting costs

A typical $359,990 home, per month
Mortgage (principal + interest)$1,922
Property taxes$103
Homeowners insurance$250
Upkeep$300
Utilities$250
About$2,820

About $2,820 every month the home sits.

Listings that didn't sell stayed on the market a median of 142 days — roughly $13,200 in holding costs, and the home still didn't sell.

An example, not a quote: 20% down, 30-year fixed at 7.03% (Freddie Mac average, 2026-09-24); Brunswick County rate 0.342 per $100 (NC Department of Revenue, 2025-26 county rates); town taxes add more inside town limits; insurance, upkeep (1% of value a year) and utilities are typical estimates. If your home is paid off, the mortgage line drops out — the rest still adds up.

When contracts fall apart

Contracts that fell apart

12%

16 of about 130 before closing

Those homes that later sold

94%

6% never sold

Sold vs. first ask after a fall-through

97.7%

vs. 100.0% on the first contract

Days to sell after a fall-through

61

vs. 24 on the first contract

The MLS doesn't record why a contract ends. In our experience the most common reasons are home inspection findings, appraisals that come in below the price, and buyer financing. How buyers paid on closed sales: conventional 47% · cash 6% · VA 11% · FHA 36%.

If you're selling

  • Priced-right listings sold in a typical 13 days. Listings that needed a price cut sat for 77 days and still sold at 93.5% of asking.
  • Homes that never sold sat a median 142 days before the listing ended.
  • 1 in 8 contracts fell apart before closing here, most often inspection, appraisal or financing issues. Most of those homes (94%) went on to sell later, at 97.7% of asking.
  • Waiting on an overpriced listing costs real money: about $13,200 estimated in carrying costs for a typical home while it sits unsold.

If you're buying

  • More than half of Navassa homes (52%) sold below the first asking price. There's room to negotiate.
  • Homes that don't sell often sit a long time first, a median 142 days, before the listing ends.
  • Most buyers here used conventional loans (45%) or FHA (35%). At a 7.03% mortgage rate, estimated monthly carrying cost on a $359,990 home runs about $2,820.

Did you know?

  • Navassa's median sold price over the last 12 months was $359,990.
  • The rate of listings that didn't sell dropped to 7% this year, down from 16% the year before.
  • Only 1 in 15 Navassa listings ended without selling.

Thinking of selling in Navassa? What it takes and what it costs →

For sellers

Listings that didn't sell

7%

down 10.1 pts from a year ago

8 expired, withdrawn or canceled vs 114 sold

Sold vs. first asking price

99.7%

about the same as a year ago

median sale price ÷ original list price

Sold below first asking

53%

share of homes that sold

Price cut on homes that didn't sell

1.3%

median — and they still didn't sell

For buyers

True days on market

31

up 7 days from a year ago

median for sold homes, counted from the first listing

Typical room below first ask

0.3%

how far under the original price homes sold

Didn't sell, then sold on a relist

25%

of listings that didn't sell the first time

Median sold price

$360K

up 4.3% from a year ago

114 homes sold

By starting price

First askingSoldDidn't sell% didn't sellTrue daysSold vs. first ask
Under $300K15212%36100.0%
$300–400K6457%3999.2%
$400–500K3213%2699.8%
$500–750K300%1100.0%

Neighborhoods in Navassa

NeighborhoodSoldDidn't sell% didn't sellTrue daysSold vs. first ask
Cedar Hill Landing6012%3998.9%
Lakes at Riverbend50712%13100.0%

Homes only (land excluded), last 12 months unless noted. "Didn't sell" = listings that expired, were withdrawn or were canceled (some owners stop for reasons that have nothing to do with the market); true days on market counts from the first listing, even when a home was relisted. Source: Hive MLS listing and sales records, updated October 1, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000

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