Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Rocky Point
October 7, 2026
(910) 395‑1000 · buddyblake.ai
Rocky Point: 1 in 8 Listings Didn't Sell This Year
In Rocky Point, most homes that sold did so in 25 days at 97.8% of asking price. Price it right and homes moved in 13 days. Price it wrong and it took 73 days, with sellers cutting price and still landing lower at closing.
Summary written September 30, 2026 from that day's numbers. The figures in the tiles update every hour, so they can differ slightly.
Which pile do you want to be in?
Out of every 20 homes listed in Rocky Point 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 The outlined ones expired, were withdrawn or were canceled.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 12 days. Needed price cuts: 73 days, and sold for 93.5% of the first price.
What waiting costs
| Property taxes | $230 |
| Homeowners insurance | $250 |
| Upkeep | $312 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $1,039 + mortgage |
About $1,039 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 83 days — roughly $2,837 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.
An example, not a quote: Pender County rate 0.7375 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.
When contracts fall apart
Contracts that fell apart
17%
36 of about 214 before closing
Those homes that later sold
89%
11% never sold
Sold vs. first ask after a fall-through
97.6%
vs. 97.8% on the first contract
Days to sell after a fall-through
58
vs. 20 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 51% · cash 16% · VA 13% · FHA 19%.
If you're selling
- Homes priced right sold in 13 days. Homes that needed cuts sat 73 days and still closed lower, at 93.5% of asking.
- The $400-500K range struggled most, with a 15% rate of not selling. Under $300K was the easiest range at 7%.
- Listings that never sold sat a median of 83 days and still saw a 1.9% price cut before coming off market.
- 18% of contracts fell apart, most often inspection, appraisal or financing issues. Of those homes, 87% sold later, but at 65 days and 96.9% of asking versus 19 days and 97.8% the first time around.
If you're buying
- 64% of homes sold below the first asking price, and the typical sale closed at 97.8% of asking. There's room to negotiate.
- Homes that sat and needed a price cut still closed around 93.5% of asking. Patience can pay off on listings that have been sitting.
- Financing mix: 50% conventional, 19% FHA, 17% cash, 13% VA. Cash is not the only way in.
Did you know?
- The rate of listings not selling dropped from 17% a year ago to 12% now in Rocky Point.
- On a $374,849 home at 7.03%, the estimated monthly carrying cost is about $3,040.
- A home that sits unsold can cost an estimated $8,300 in carrying costs before it ever closes.
Get the Rocky Point report every month
The same numbers, updated monthly, straight to your inbox. No spam, one click to stop.
Thinking of selling in Rocky Point? What it takes and what it costs →
For sellers
Listings that didn't sell
12%
down 5.1 pts from a year ago
23 expired, withdrawn or canceled vs 176 sold
Sold vs. first asking price
97.8%
about the same as a year ago
median sale price ÷ original list price
Sold below first asking
64%
share of homes that sold
Price cut on homes that didn't sell
1.9%
median — and they still didn't sell
For buyers
True days on market
25
down 7 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
2.2%
how far under the original price homes sold
Didn't sell, then sold on a relist
35%
of listings that didn't sell the first time
Median sold price
$377K
up 0.6% from a year ago
176 homes sold
The last 24 months
15% latest month · Sep 26
29 latest month · Sep 26
97.6% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 55 | 6 | 10% | 18 | 98.5% |
| $300–400K | 38 | 5 | 12% | 27 | 97.4% |
| $400–500K | 52 | 7 | 12% | 35 | 98.3% |
| $500–750K | 26 | 3 | 10% | 35 | 97.2% |
| $750K–1M | 4 | 1 | 20% | 6 | 100.0% |
| $1M+ | 1 | 1 | 50% | 16 | 100.0% |
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 7, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000