Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Squires Run Village, Richlands
September 24, 2026
(910) 395‑1000 · buddyblake.ai
Squires Run Village: Typical Home Takes 149 Days to Sell
In the Squires Run Village neighborhood in Richlands, 44 of 45 homes sold over the last 12 months. The typical home took 149 days to sell and closed at 99.0% of its first asking price, with more than half of sales going below that first number.
Which pile do you want to be in?
Out of every 20 homes listed in Squires Run Village, Richlands 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 The outlined ones expired, were withdrawn or were canceled.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 140 days. Needed price cuts: 169 days, and sold for 94.4% of the first price.
What waiting costs
| Mortgage (principal + interest) | $1,627 |
| Property taxes | $168 |
| Homeowners insurance | $250 |
| Upkeep | $256 |
| Utilities | $250 |
| About | $2,550 |
About $2,550 every month the home sits.
Listings that didn't sell stayed on the market a median of 9 days — roughly $800 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); 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. If your home is paid off, the mortgage line drops out — the rest still adds up.
When contracts fall apart
Contracts that fell apart
4%
2 of about 46 before closing
Those homes that later sold
100%
0% never sold
Sold vs. first ask after a fall-through
96.9%
vs. 99.4% on the first contract
Days to sell after a fall-through
191
vs. 147 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 0% · cash 0% · VA 84% · FHA 14%.
If you're selling
- Homes priced right from day one sold in a typical 140 days. Homes that needed a price cut took 169 days and still only landed 94.4% of asking.
- 55% of homes sold below their first asking price, so start close to where the market actually is.
- 4% of contracts fell apart, about 1 in 23. Most often that comes down to inspection, appraisal or financing issues, so have your home and paperwork ready before you go under contract.
- If a contract does fall apart, homes that later sold still got 96.9% of asking, so a second buyer is not a lost cause.
If you're buying
- Over half of recent sales closed below the seller's first asking price, so there is room to negotiate.
- Homes here typically sit 149 days before selling, so you are not likely competing in a rush.
- Most buyers in this neighborhood used VA financing (84%), with FHA (13%) covering most of the rest.
Did you know?
- Only 1 in 45 listings in Squires Run Village didn't sell over the last 12 months.
- Listings that never sold sat a median of just 9 days before being pulled, expired or withdrawn.
- For a home priced at $307,325 with a 6.95% mortgage rate, estimated monthly carrying costs run about $2,550, versus about $800 a month while a home sits unsold.
Get the Squires Run Village, Richlands report every month
The same numbers, updated monthly, straight to your inbox. No spam, one click to stop.
For sellers
Listings that didn't sell
2%
up 2.2 pts from a year ago
1 expired, withdrawn or canceled vs 44 sold
Sold vs. first asking price
99.0%
up 1.4 pts from a year ago
median sale price ÷ original list price
Sold below first asking
55%
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
149
up 86 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
1.0%
how far under the original price homes sold
Didn't sell, then sold on a relist
0%
of listings that didn't sell the first time
Median sold price
$307K
down 0.9% from a year ago
44 homes sold
The last 23 months
0% latest month · Aug 26
295 latest month · Aug 26
99.8% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 9 | 0 | 0% | 104 | 100.0% |
| $300–400K | 35 | 1 | 3% | 154 | 98.6% |
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 24, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000