Market insights

What really happens to homes listed in Topsail Reef, North Topsail Beach

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: Topsail Reef, North Topsail Beach

September 24, 2026
(910) 395‑1000 · buddyblake.ai

Topsail Reef: 80% of Listings Didn't Sell This Year

In the Topsail Reef neighborhood in North Topsail Beach, 40 homes ended in the last 12 months and only 8 sold. That's a didNotSell rate of 80%, up from 61% the year before. Homes that did sell took a typical 105 days and sold at 83.2% of first asking price.

4 sold out of every 20 listed 16 didn't expired, withdrawn or canceled

Which pile do you want to be in?

Out of every 20 homes listed in Topsail Reef, North Topsail Beach 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 The outlined ones expired, were withdrawn or were canceled.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 9 days. Needed price cuts: 114 days, and sold for 79.4% of the first price.

What waiting costs

A typical $141,500 home, per month
Mortgage (principal + interest)$749
Property taxes$77
Homeowners insurance$250
Upkeep$118
Utilities$250
About$1,440

About $1,440 every month the home sits.

Listings that didn't sell stayed on the market a median of 274 days — roughly $13,000 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.

If you're selling

  • Price it right from day one. Homes priced correctly took just 9 days to sell (2 of them). Homes that needed cuts sat a typical 114 days and still only sold at 79.4% of asking.
  • Listings that never sold sat a median of 274 days before coming off market, with a median price cut of 4.7% along the way.
  • Waiting costs money. Carrying a typical home here is estimated at about $1,440 a month, or about $13,000 while it sits unsold.
  • 88% of homes that sold went for less than the first asking price. Set the number realistically at listing, not after months on market.

If you're buying

  • With 80% of listings not selling, there's real room to negotiate on price and terms.
  • Typical sold price here is $141,500, and most sellers accepted less than their first asking price.
  • Homes that do sell here can take a typical 105 days, so patience is part of the process.

Did you know?

  • Only 8 of 40 listings in Topsail Reef sold in the last 12 months.
  • Homes priced right from the start sold in a typical 9 days, versus 114 days for homes that needed price cuts.
  • At a 6.95% mortgage rate, carrying a $141,500 home here runs an estimated $1,440 a month.

For sellers

Listings that didn't sell

80%

up 18.9 pts from a year ago

32 expired, withdrawn or canceled vs 8 sold

Sold vs. first asking price

83.2%

up 1.3 pts from a year ago

median sale price ÷ original list price

Sold below first asking

88%

share of homes that sold

Price cut on homes that didn't sell

4.7%

median — and they still didn't sell

For buyers

True days on market

105

down 117 days from a year ago

median for sold homes, counted from the first listing

Typical room below first ask

16.8%

how far under the original price homes sold

Didn't sell, then sold on a relist

3%

of listings that didn't sell the first time

Median sold price

$142K

down 17.1% from a year ago

8 homes sold

By starting price

First askingSoldDidn't sell% didn't sellTrue daysSold vs. first ask
Under $300K83280%10583.2%

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 24, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000

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