Market insights

What really happens to homes listed in Sneads Ferry

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: Sneads Ferry

October 5, 2026
(910) 395‑1000 · buddyblake.ai

Sneads Ferry: 1 in 5 Listings Didn't Sell This Year

In Sneads Ferry, 562 homes ended over the last 12 months, and 442 sold while 120 didn't sell. Priced-right homes sold in 14 days, but listings that needed price cuts sat a median of 83 days before selling, and homes under $300K struggled most at a 30% didn't-sell rate.

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

16 sold out of every 20 listed 4 didn't expired, withdrawn or canceled

Which pile do you want to be in?

Out of every 20 homes listed in Sneads Ferry 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 The outlined ones expired, were withdrawn or were canceled.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 15 days. Needed price cuts: 84 days, and sold for 94.2% of the first price.

What waiting costs

A typical $383,531 home, per month
Property taxes$209
Homeowners insurance$250
Upkeep$320
Utilities$250
Your mortgage paymentif you have one
About$1,033 + mortgage

About $1,033 every month the home sits — plus your mortgage payment.

Listings that didn't sell stayed on the market a median of 128 days — roughly $4,327 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.

An example, not a quote: Onslow County rate 0.655 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

15%

79 of about 525 before closing

Those homes that later sold

76%

22% never sold

Sold vs. first ask after a fall-through

97.4%

vs. 99.2% on the first contract

Days to sell after a fall-through

72

vs. 22 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 25% · cash 11% · VA 55% · FHA 7%.

If you're selling

  • Price it right from day one: homes priced correctly sold in 14 days versus 83 days for ones that needed cuts
  • Homes under $300K didn't sell 30% of the time, the toughest range in Sneads Ferry
  • Waiting costs money: listings that never sold sat a median of 128 days, and an estimated carrying cost of $12,900 while unsold
  • Contracts fall apart 15% of the time here (1 in 7), most often inspection, appraisal or financing issues, so be ready to negotiate or re-list if needed

If you're buying

  • 120 listings didn't sell in the last 12 months, so there's room to negotiate, especially in the under $300K range where 30% didn't sell
  • Homes needing price cuts sold at 94.2% of asking, a bit softer than the 98.9% typical of asking overall
  • Most buyers here are using VA loans (55%), with 25% conventional, 11% cash, and 6% FHA

Did you know?

  • 56% of homes in Sneads Ferry sold below the first asking price
  • If a contract falls apart, 76% of those homes go on to sell later, typically taking 77 days and landing at 97.4% of asking
  • At a $383,531 example price and 7.03% mortgage rate, the estimated monthly carrying cost is about $3,080

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

For sellers

Listings that didn't sell

21%

up 9.8 pts from a year ago

120 expired, withdrawn or canceled vs 446 sold

Sold vs. first asking price

98.8%

down 1.1 pts from a year ago

median sale price ÷ original list price

Sold below first asking

56%

share of homes that sold

Price cut on homes that didn't sell

0.0%

median — and they still didn't sell

For buyers

True days on market

28

down 9 days from a year ago

median for sold homes, counted from the first listing

Typical room below first ask

1.2%

how far under the original price homes sold

Didn't sell, then sold on a relist

22%

of listings that didn't sell the first time

Median sold price

$384K

up 2.9% from a year ago

446 homes sold

By starting price

First askingSoldDidn't sell% didn't sellTrue daysSold vs. first ask
Under $300K532330%2999.0%
$300–400K1874118%18100.0%
$400–500K130139%3198.7%
$500–750K602429%4697.1%
$750K–1M81056%4595.0%
$1M+8953%12387.6%

Neighborhoods in Sneads Ferry

NeighborhoodSoldDidn't sell% didn't sellTrue daysSold vs. first ask
Citadel Point at Southbridge5800%4799.2%
The Preserve at Tidewater3949%21100.0%

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 5, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000

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