Market insights

What really happens to homes listed in New Hanover County

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.

Buddy Blake Team · Coldwell Banker Sea Coast Advantage

Market insights: New Hanover County

September 23, 2026
(910) 395‑1000 · buddyblake.ai

In the last 12 months, 26% of homes listed in New Hanover County failed to sell — about 1 in 4. Homes that sold went for a median 97.2% of their first asking price.

For sellers

Listings that failed to sell

26%

up 3.0 pts from a year ago

1,458 expired or canceled vs 4,183 sold

Sold vs. first asking price

97.2%

about the same as a year ago

median sale price ÷ original list price

Sold below first asking

71%

share of homes that sold

Price cut before failing

2.1%

median, on listings that didn't sell

For buyers

True days on market

30

up 4 days from a year ago

median for sold homes, counted from the first listing

Typical room below first ask

2.8%

how far under the original price homes sold

Failed, then sold on a relist

22%

of listings that didn't sell the first time

Median sold price

$469K

up 1.1% from a year ago

4,183 homes sold

By starting price

First askingSoldFailedFail rateTrue daysSold vs. first ask
Under $300K50419828%2996.4%
$300–400K91324821%2597.4%
$400–500K77320321%2497.7%
$500–750K1,05533424%3597.4%
$750K–1M41920333%3597.5%
$1M+51927234%4695.7%

By town

TownSoldFailedFail rateTrue daysSold vs. first ask
Wilmington3,5341,04523%2797.4%
Carolina Beach35026843%5995.9%
Castle Hayne2775517%2798.4%
Kure Beach977042%6794.5%
Wrightsville Beach933427%4893.8%

Homes only (land excluded), last 12 months unless noted. "Failed to sell" = listings that expired or were canceled; true days on market counts from the first listing, even when a home was relisted. Source: Hive MLS listing and sales records, updated September 23, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000

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