Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 28420 · Ash
September 23, 2026
(910) 395‑1000 · buddyblake.ai
In ZIP 28420, 1 in 4 homes listed didn't sell
In the last 12 months, 124 homes finished their time on the market in ZIP code 28420 (Ash area): 93 sold and 31 did not — about 1 in 4. The ones that sold took a median of 83 days, counted from the first day listed, and closed at 92.7% of their first asking price.
Which pile do you want to be in?
Out of every 20 homes listed in ZIP 28420 · Ash 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 The outlined ones expired, were withdrawn or were canceled.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 1 days. Needed price cuts: 153 days, and sold for 89.5% of the first price.
What waiting costs
| Mortgage (principal + interest) | $1,668 |
| Property taxes | $90 |
| Homeowners insurance | $250 |
| Upkeep | $263 |
| Utilities | $250 |
| About | $2,520 |
About $2,520 every month the home sits.
Listings that didn't sell stayed on the market a median of 108 days — roughly $9,000 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); 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
15%
16 of about 109 before closing
Those homes that later sold
75%
25% never sold
Sold vs. first ask after a fall-through
92.4%
vs. 93.0% on the first contract
Days to sell after a fall-through
109
vs. 73 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 71% · cash 8% · VA 10% · FHA 11%.
If you're selling
- Homes priced right from day one sold in a median of 1 days. Homes that needed price cuts took 153 days and sold for 89.5% of their first price.
- Waiting costs money. A $315,020 home runs about $2,520 a month to hold — roughly $9,000 over the time a typical unsold listing sat.
- About 1 in 7 contracts fell apart before closing. Homes that went back on the market sold for 92.4% of first asking, versus 93.0% for homes that closed on the first contract.
If you're buying
- 77% of homes sold below their first asking price — the first price is often a starting point.
- Homes that sit usually sit for a reason. Listings that didn't sell stayed on the market a median of 108 days.
Did you know?
- 8% of buyers paid cash, and 10% used VA loans.
- A year earlier, 19% of listings didn't sell; now it's 25%.
- When a contract fell apart, 25% of those homes never sold at all.
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For sellers
Listings that didn't sell
25%
up 6.2 pts from a year ago
31 expired, withdrawn or canceled vs 93 sold
Sold vs. first asking price
92.7%
up 4.0 pts from a year ago
median sale price ÷ original list price
Sold below first asking
77%
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
83
about the same as a year ago
median for sold homes, counted from the first listing
Typical room below first ask
7.3%
how far under the original price homes sold
Didn't sell, then sold on a relist
13%
of listings that didn't sell the first time
Median sold price
$315K
up 3.6% from a year ago
93 homes sold
The last 24 months
38% latest month · Aug 26
43 latest month · Aug 26
95.3% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 38 | 13 | 26% | 74 | 90.7% |
| $300–400K | 39 | 12 | 24% | 125 | 92.7% |
| $400–500K | 13 | 2 | 13% | 84 | 96.7% |
| $500–750K | 3 | 1 | 25% | 29 | 83.5% |
| $750K–1M | 0 | 2 | 100% | — | — |
| $1M+ | 0 | 1 | 100% | — | — |
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 23, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000