Market insights

What really happens to homes listed in Kingfish Bay, Calabash

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: Kingfish Bay, Calabash

October 1, 2026
(910) 395‑1000 · buddyblake.ai

1 in 3 Kingfish Bay Listings Didn't Sell Last Year

In Kingfish Bay, 43 listings ended in the last 12 months, and 27 of them sold. The typical sale took 102 days and closed at 96.1% of the first asking price, with 85% of sales going for less than that first number.

Summary written October 1, 2026 from that day's numbers. The figures in the tiles update every hour, so they can differ slightly.

13 sold out of every 20 listed 7 didn't expired, withdrawn or canceled

Which pile do you want to be in?

Out of every 20 homes listed in Kingfish Bay, Calabash 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 The outlined ones expired, were withdrawn or were canceled.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 22 days. Needed price cuts: 111 days, and sold for 93.8% of the first price.

What waiting costs

A typical $567,999 home, per month
Mortgage (principal + interest)$3,032
Property taxes$162
Homeowners insurance$250
Upkeep$473
Utilities$250
About$4,170

About $4,170 every month the home sits.

Listings that didn't sell stayed on the market a median of 175 days — roughly $23,900 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); 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

25%

9 of about 36 before closing

Those homes that later sold

33%

67% never sold

Sold vs. first ask after a fall-through

98.0%

vs. 96.1% on the first contract

Days to sell after a fall-through

98

vs. 103 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 59% · cash 41% · VA 0% · FHA 0%.

If you're selling

  • Homes priced right from day one sold in a median of 22 days. Listings that needed price cuts took a median of 111 days and still only got 93.8% of asking.
  • Listings that never sold sat on the market a median of 175 days before coming off.
  • 1 in 4 contracts in Kingfish Bay fell apart before closing. Most often that's inspection, appraisal or financing issues. Being ready for those steps matters.
  • If a contract does fall through, homes that later sold anyway closed at 98.0%. Buyers are still out there.

If you're buying

  • Typical sales price is $567,999, and the typical home sells for 96.1% of first asking price. 85% of sales closed below that first number, so there's room to talk price.
  • Homes that didn't sell sat a median of 175 days first. If a listing's been up a while, that's a sign there may be flexibility.
  • 41% of buyers in Kingfish Bay paid cash. 59% used conventional financing. No VA or FHA buyers recorded.

Did you know?

  • Carrying a typical $567,999 home in Kingfish Bay runs about an estimated $4,170 a month at a 7.03% mortgage rate.
  • A home that sits unsold for the median 175 days racks up an estimated $23,900 in carrying costs.
  • Last year's didn't-sell rate in Kingfish Bay was 37%, same as the year before.

For sellers

Listings that didn't sell

37%

up 0.4 pts from a year ago

16 expired, withdrawn or canceled vs 27 sold

Sold vs. first asking price

96.1%

down 1.8 pts from 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

0.0%

median — and they still didn't sell

For buyers

True days on market

102

up 57 days from a year ago

median for sold homes, counted from the first listing

Typical room below first ask

3.9%

how far under the original price homes sold

Didn't sell, then sold on a relist

38%

of listings that didn't sell the first time

Median sold price

$568K

down 3.7% from a year ago

27 homes sold

By starting price

First askingSoldDidn't sell% didn't sellTrue daysSold vs. first ask
$300–400K4120%5096.2%
$400–500K1375%4100.0%
$500–750K151040%17595.2%
$750K–1M600%6297.9%
$1M+1267%177105.2%

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 October 1, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000

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