Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Shallotte
September 29, 2026
(910) 395‑1000 · buddyblake.ai
Shallotte: 1 In 4 Listings Didn't Sell
In Shallotte, 503 homes came off the market in the last 12 months and 389 of them sold, but 114 didn't sell — that's 1 in 4. Homes priced right from the start sold in 19 days, while ones that needed price cuts sat for 102 days before going under contract. The typical sold home fetched 94.8% of its first asking price.
Summary written September 23, 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 Shallotte 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 The outlined ones expired, were withdrawn or were canceled.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 19 days. Needed price cuts: 103 days, and sold for 90.7% of the first price.
What waiting costs
| Mortgage (principal + interest) | $1,637 |
| Property taxes | $88 |
| Homeowners insurance | $250 |
| Upkeep | $258 |
| Utilities | $250 |
| About | $2,480 |
About $2,480 every month the home sits.
Listings that didn't sell stayed on the market a median of 172 days — roughly $14,000 in holding costs, and the home still didn't sell.
An example, not a quote: 20% down, 30-year fixed at 6.95% (Freddie Mac average, 2026-09-17); 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
20%
100 of about 492 before closing
Those homes that later sold
72%
27% never sold
Sold vs. first ask after a fall-through
91.2%
vs. 95.5% on the first contract
Days to sell after a fall-through
123
vs. 53 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 48% · cash 28% · VA 8% · FHA 14%.
If you're selling
- Price it right from day one — homes priced correctly sold in 19 days, versus 102 days for ones that needed cuts.
- The $400–500K range struggled most, with a 29% rate of listings not selling.
- Under $300K was the strongest range, with only a 19% rate of listings not selling.
- Contracts fell apart 1 in 5 times (20%); if that happens, know it often takes longer to resell — homes that later sold after a fall-through took 120 days and closed at 91.5% of asking, versus 53 days and 95.5% for a first contract that holds.
If you're buying
- Listings that needed price cuts eventually sold at 90.7% of asking, so there's room to negotiate on homes that have been sitting.
- Homes that never sold in Shallotte sat a median of 172 days before coming off market — a sign some sellers hold out too long.
- Most buyers are financing: 48% conventional, 14% FHA, 9% VA, and 28% paid cash.
Did you know?
- The didNotSellRate rose from 20% a year ago to 23% this year in Shallotte.
- Listings that never sold typically had a 2.6% price cut before coming off market.
- At the median sold price of $309,170 with a 6.95% rate, estimated monthly carrying cost is about $2,480 — and an unsold home can rack up an estimated $14,000 in carrying costs.
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Thinking of selling in Shallotte? What it takes and what it costs →
For sellers
Listings that didn't sell
23%
up 2.3 pts from a year ago
114 expired, withdrawn or canceled vs 391 sold
Sold vs. first asking price
94.8%
about the same as a year ago
median sale price ÷ original list price
Sold below first asking
85%
share of homes that sold
Price cut on homes that didn't sell
2.5%
median — and they still didn't sell
For buyers
True days on market
68
up 3 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
5.2%
how far under the original price homes sold
Didn't sell, then sold on a relist
18%
of listings that didn't sell the first time
Median sold price
$309K
up 3.1% from a year ago
391 homes sold
The last 24 months
22% latest month · Aug 26
61 latest month · Aug 26
96.5% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 150 | 34 | 19% | 58 | 94.8% |
| $300–400K | 145 | 47 | 25% | 48 | 96.7% |
| $400–500K | 51 | 20 | 28% | 111 | 92.0% |
| $500–750K | 27 | 7 | 21% | 130 | 90.0% |
| $750K–1M | 14 | 3 | 18% | 92 | 88.7% |
| $1M+ | 4 | 3 | 43% | 96 | 92.0% |
Neighborhoods in Shallotte
| Neighborhood | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Summers Walk | 52 | 0 | 0% | 34 | 97.5% |
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 September 29, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000