Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 28443 · Hampstead
September 23, 2026
(910) 395‑1000 · buddyblake.ai
In ZIP 28443, 1 in 4 homes listed didn't sell
In the last 12 months, 1,108 homes finished their time on the market in ZIP code 28443 (Hampstead area): 820 sold and 288 did not — about 1 in 4. The ones that sold took a median of 38 days, counted from the first day listed, and closed at 97.9% of their first asking price.
Which pile do you want to be in?
Out of every 20 homes listed in ZIP 28443 · Hampstead 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 The outlined ones expired, were withdrawn or were canceled.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 18 days. Needed price cuts: 80 days, and sold for 93.0% of the first price.
What waiting costs
| Mortgage (principal + interest) | $2,542 |
| Property taxes | $295 |
| Homeowners insurance | $250 |
| Upkeep | $400 |
| Utilities | $250 |
| About | $3,740 |
About $3,740 every month the home sits.
Listings that didn't sell stayed on the market a median of 117 days — roughly $14,300 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); Pender County rate 0.7375 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
17%
163 of about 985 before closing
Those homes that later sold
65%
33% never sold
Sold vs. first ask after a fall-through
94.5%
vs. 98.3% on the first contract
Days to sell after a fall-through
96
vs. 35 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 46% · cash 21% · VA 23% · FHA 7%.
If you're selling
- Homes priced right from day one sold in a median of 18 days. Homes that needed price cuts took 80 days and sold for 93.0% of their first price.
- Price range matters: 44% of homes starting at $1M+ didn't sell, compared with 21% at $500–750K.
- Waiting costs money. A $480,000 home runs about $3,740 a month to hold — roughly $14,300 over the time a typical unsold listing sat.
- About 1 in 6 contracts fell apart before closing. Homes that went back on the market sold for 94.5% of first asking, versus 98.3% for homes that closed on the first contract.
If you're buying
- 66% 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 117 days.
Did you know?
- 21% of buyers paid cash, and 23% used VA loans.
- A year earlier, 19% of listings didn't sell; now it's 26%.
- When a contract fell apart, 33% of those homes never sold at all.
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For sellers
Listings that didn't sell
26%
up 7.5 pts from a year ago
288 expired, withdrawn or canceled vs 820 sold
Sold vs. first asking price
97.9%
about the same as a year ago
median sale price ÷ original list price
Sold below first asking
66%
share of homes that sold
Price cut on homes that didn't sell
1.4%
median — and they still didn't sell
For buyers
True days on market
38
up 2 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
2.1%
how far under the original price homes sold
Didn't sell, then sold on a relist
35%
of listings that didn't sell the first time
Median sold price
$480K
down 0.7% from a year ago
820 homes sold
The last 24 months
26% latest month · Aug 26
44 latest month · Aug 26
97.0% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 92 | 33 | 26% | 35 | 96.2% |
| $300–400K | 156 | 50 | 24% | 26 | 100.0% |
| $400–500K | 173 | 60 | 26% | 35 | 97.9% |
| $500–750K | 271 | 71 | 21% | 53 | 98.1% |
| $750K–1M | 69 | 28 | 29% | 43 | 97.3% |
| $1M+ | 59 | 46 | 44% | 45 | 96.2% |
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 23, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000