Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 28460 · Sneads Ferry
September 23, 2026
(910) 395‑1000 · buddyblake.ai
In ZIP 28460, 1 in 3 homes listed didn't sell
In the last 12 months, 916 homes finished their time on the market in ZIP code 28460 (Sneads Ferry area): 610 sold and 306 did not — about 1 in 3. The ones that sold took a median of 39 days, counted from the first day listed, and closed at 97.8% of their first asking price.
Which pile do you want to be in?
Out of every 20 homes listed in ZIP 28460 · Sneads Ferry 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 The outlined ones expired, were withdrawn or were canceled.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 15 days. Needed price cuts: 93 days, and sold for 92.8% of the first price.
What waiting costs
| Mortgage (principal + interest) | $2,145 |
| Property taxes | $221 |
| Homeowners insurance | $250 |
| Upkeep | $338 |
| Utilities | $250 |
| About | $3,200 |
About $3,200 every month the home sits.
Listings that didn't sell stayed on the market a median of 185 days — roughly $19,500 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
18%
134 of about 747 before closing
Those homes that later sold
61%
37% never sold
Sold vs. first ask after a fall-through
95.7%
vs. 98.2% on the first contract
Days to sell after a fall-through
94
vs. 30 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 34% · cash 17% · VA 41% · FHA 4%.
If you're selling
- Homes priced right from day one sold in a median of 15 days. Homes that needed price cuts took 93 days and sold for 92.8% of their first price.
- Price range matters: 46% of homes starting at $1M+ didn't sell, compared with 20% at $400–500K.
- Waiting costs money. A $405,000 home runs about $3,200 a month to hold — roughly $19,500 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 95.7% of first asking, versus 98.2% for homes that closed on the first contract.
If you're buying
- 65% 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 185 days.
Did you know?
- 17% of buyers paid cash, and 41% used VA loans.
- A year earlier, 27% of listings didn't sell; now it's 33%.
- When a contract fell apart, 37% of those homes never sold at all.
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For sellers
Listings that didn't sell
33%
up 6.8 pts from a year ago
306 expired, withdrawn or canceled vs 610 sold
Sold vs. first asking price
97.8%
down 0.7 pts from a year ago
median sale price ÷ original list price
Sold below first asking
65%
share of homes that sold
Price cut on homes that didn't sell
1.8%
median — and they still didn't sell
For buyers
True days on market
39
down 10 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
2.2%
how far under the original price homes sold
Didn't sell, then sold on a relist
15%
of listings that didn't sell the first time
Median sold price
$405K
up 5.2% from a year ago
610 homes sold
The last 24 months
27% latest month · Aug 26
31 latest month · Aug 26
97.9% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 75 | 62 | 45% | 48 | 97.1% |
| $300–400K | 198 | 73 | 27% | 21 | 100.0% |
| $400–500K | 149 | 38 | 20% | 31 | 98.4% |
| $500–750K | 97 | 59 | 38% | 58 | 96.1% |
| $750K–1M | 33 | 24 | 42% | 58 | 95.2% |
| $1M+ | 58 | 50 | 46% | 98 | 90.4% |
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