Buddy Blake Team · Coldwell Banker Sea Coast Advantage

Market insights: Supply

September 29, 2026
(910) 395‑1000 · buddyblake.ai

In Supply, 1 in 4 Listings Didn't Sell Last Year

Over the last 12 months in Supply, 582 homes ended and 434 sold, with 148 not selling — that's 1 in 4. Homes that were priced right from the start sold in a median of 25 days, while ones that needed price cuts took a median of 99 days and still sold for less. The typical sold home fetched 95.0% of its first asking price, with a median sale price of $275,000.

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 Supply 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 The outlined ones expired, were withdrawn or were canceled.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 26 days. Needed price cuts: 96 days, and sold for 91.6% of the first price.

What waiting costs

A typical $275,000 home, per month
Mortgage (principal + interest)	$1,456
Property taxes	$78
Homeowners insurance	$250
Upkeep	$229
Utilities	$250
About	$2,260

About $2,260 every month the home sits.

Listings that didn't sell stayed on the market a median of 155 days — roughly $11,500 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

19%

102 of about 535 before closing

Those homes that later sold

69%

28% never sold

Sold vs. first ask after a fall-through

89.0%

vs. 95.9% on the first contract

Days to sell after a fall-through

132

vs. 57 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 37% · cash 33% · VA 8% · FHA 18%.

If you're selling

Price it right from day one: homes priced right sold in 25 days, homes that needed cuts took 99 days and sold at 91.6% of ask
The $400-500K range is the toughest spot right now, with 41% of listings there not selling
Under $300K is the strongest range, with only 20% not selling
Contracts fell apart 1 in 5 times (19%) — most often inspection, appraisal or financing issues cause that industrywide

If you're buying

Homes are typically selling for 95.0% of the first asking price, and 83% of sales close below that first ask
If a home has been sitting, there may be more room to negotiate — homes needing price cuts sat a median of 99 days
Financing varies here: 34% paid cash, 37% used conventional loans, 18% FHA, and 8% VA

Did you know?

Homes that never sold in Supply sat on the market a median of 155 days before coming off
When a contract falls apart, 69% of those homes go on to sell later, typically at 89.2% of asking
At a 6.95% mortgage rate, carrying a $275,000 home runs about $2,260 a month, or an estimated $11,500 if it sits unsold

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

For sellers

Listings that didn't sell

26%

up 5.2 pts from a year ago

150 expired, withdrawn or canceled vs 429 sold

Sold vs. first asking price

95.0%

about the same as a year ago

median sale price ÷ original list price

Sold below first asking

82%

share of homes that sold

Price cut on homes that didn't sell

2.9%

median — and they still didn't sell

For buyers

True days on market

up 18 days from a year ago

median for sold homes, counted from the first listing

Typical room below first ask

5.0%

how far under the original price homes sold

Didn't sell, then sold on a relist

27%

of listings that didn't sell the first time

Median sold price

$275K

up 1.9% from a year ago

429 homes sold

The last 24 months

Didn't sell (%)

36% latest month · Aug 26

True days on market (sold)

66 latest month · Aug 26

Sold vs. first asking (%)

93.4% latest month · Aug 26

By starting price

First asking	Sold	Didn't sell	% didn't sell	True days	Sold vs. first ask
Under $300K	225	59	21%	50	95.5%
$300–400K	95	27	22%	104	95.1%
$400–500K	31	21	40%	36	97.1%
$500–750K	50	24	32%	116	92.1%
$750K–1M	16	6	27%	111	90.8%
$1M+	12	13	52%	76	94.1%

Neighborhoods in Supply

Neighborhood	Sold	Didn't sell	% didn't sell	True days	Sold vs. first ask
Stanbury Creek	43	1	2%	104	95.5%
Lockwood Folly	31	11	26%	114	91.9%

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