Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Cedar Point
September 26, 2026
(910) 395‑1000 · buddyblake.ai
1 in 3 Cedar Point Listings Didn't Sell This Year
In Cedar Point, 78 listings ended in the last 12 months and 52 sold. That's a 33% rate of homes that didn't sell, up from 23% the year before. Typical sale took 81 days and homes priced right sold in just 12 days.
Which pile do you want to be in?
Out of every 20 homes listed in Cedar 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 The outlined ones expired, were withdrawn or were canceled.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: 125 days, and sold for 90.5% of the first price.
What waiting costs
| Mortgage (principal + interest) | $2,493 |
| Property taxes | $88 |
| Homeowners insurance | $250 |
| Upkeep | $389 |
| Utilities | $250 |
| About | $3,470 |
About $3,470 every month the home sits.
Listings that didn't sell stayed on the market a median of 147 days — roughly $16,700 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); Carteret County rate 0.225 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
17%
11 of about 64 before closing
Those homes that later sold
55%
46% never sold
Sold vs. first ask after a fall-through
84.0%
vs. 94.5% on the first contract
Days to sell after a fall-through
219
vs. 55 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 43% · cash 36% · VA 17% · FHA 2%.
If you're selling
- Price it right from day one: homes priced right sold in 12 days, while ones needing cuts sat 125 days before selling
- Waiting has a cost: an unsold home in Cedar Point runs about $16,700 in estimated carrying costs while it sits
- 17% of contracts fell apart before closing, most often inspection, appraisal or financing issues in general industry experience
- If a contract falls apart, re-sold homes typically closed at 84.0% of asking versus 94.5% for homes that sold on the first contract
If you're buying
- Typical home sold at 93.8% of first asking price, and 83% of homes sold below that first asking price
- Homes that didn't sell sat a median 147 days before coming off the market
- Buyers are paying different ways: 36% cash, 43% conventional loans, 17% VA, 2% FHA
Did you know?
- Did you know the median sold price in Cedar Point is $467,000
- Did you know at a 7.03% mortgage rate, the estimated monthly carrying cost on a $467,000 home is about $3,470
- Did you know listings that never sold had a median price cut of 3.2%
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Thinking of selling in Cedar Point? What it takes and what it costs →
For sellers
Listings that didn't sell
33%
up 10.5 pts from a year ago
26 expired, withdrawn or canceled vs 52 sold
Sold vs. first asking price
93.8%
down 6.2 pts from a year ago
median sale price ÷ original list price
Sold below first asking
83%
share of homes that sold
Price cut on homes that didn't sell
3.2%
median — and they still didn't sell
For buyers
True days on market
81
up 46 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
6.2%
how far under the original price homes sold
Didn't sell, then sold on a relist
8%
of listings that didn't sell the first time
Median sold price
$467K
up 38.6% from a year ago
52 homes sold
The last 24 months
20% latest month · Aug 26
52 latest month · Aug 26
97.2% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 11 | 8 | 42% | 25 | 93.4% |
| $300–400K | 9 | 4 | 31% | 57 | 97.2% |
| $400–500K | 7 | 0 | 0% | 174 | 94.8% |
| $500–750K | 19 | 7 | 27% | 119 | 95.8% |
| $750K–1M | 5 | 5 | 50% | 99 | 91.0% |
| $1M+ | 1 | 2 | 67% | 87 | 88.2% |
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 26, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000