Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 28479 · Winnabow
September 23, 2026
(910) 395‑1000 · buddyblake.ai
In ZIP 28479, 1 in 5 homes listed didn't sell
In the last 12 months, 333 homes finished their time on the market in ZIP code 28479 (Winnabow area): 271 sold and 62 did not — about 1 in 5. The ones that sold took a median of 48 days, counted from the first day listed, and closed at 97.0% of their first asking price.
Which pile do you want to be in?
Out of every 20 homes listed in ZIP 28479 · Winnabow 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 The outlined ones expired, were withdrawn or were canceled.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 21 days. Needed price cuts: 89 days, and sold for 93.5% of the first price.
What waiting costs
| Mortgage (principal + interest) | $1,799 |
| Property taxes | $97 |
| Homeowners insurance | $250 |
| Upkeep | $283 |
| Utilities | $250 |
| About | $2,680 |
About $2,680 every month the home sits.
Listings that didn't sell stayed on the market a median of 109 days — roughly $9,600 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
20%
66 of about 337 before closing
Those homes that later sold
80%
17% never sold
Sold vs. first ask after a fall-through
94.9%
vs. 97.3% on the first contract
Days to sell after a fall-through
82
vs. 39 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 47% · cash 19% · VA 10% · FHA 24%.
If you're selling
- Homes priced right from day one sold in a median of 21 days. Homes that needed price cuts took 89 days and sold for 93.5% of their first price.
- Price range matters: 25% of homes starting at $400–500K didn't sell, compared with 8% at $500–750K.
- Waiting costs money. A $339,660 home runs about $2,680 a month to hold — roughly $9,600 over the time a typical unsold listing sat.
- About 1 in 5 contracts fell apart before closing. Homes that went back on the market sold for 94.9% of first asking, versus 97.3% for homes that closed on the first contract.
If you're buying
- 73% 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 109 days.
Did you know?
- 19% of buyers paid cash, and 10% used VA loans.
- A year earlier, 15% of listings didn't sell; now it's 19%.
- When a contract fell apart, 17% of those homes never sold at all.
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For sellers
Listings that didn't sell
19%
up 3.3 pts from a year ago
62 expired, withdrawn or canceled vs 271 sold
Sold vs. first asking price
97.0%
down 0.7 pts from a year ago
median sale price ÷ original list price
Sold below first asking
73%
share of homes that sold
Price cut on homes that didn't sell
1.7%
median — and they still didn't sell
For buyers
True days on market
48
up 4 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
3.0%
how far under the original price homes sold
Didn't sell, then sold on a relist
26%
of listings that didn't sell the first time
Median sold price
$340K
about the same as a year ago
271 homes sold
The last 24 months
12% latest month · Aug 26
59 latest month · Aug 26
96.7% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 60 | 19 | 24% | 45 | 97.6% |
| $300–400K | 132 | 24 | 15% | 53 | 97.3% |
| $400–500K | 42 | 14 | 25% | 59 | 93.9% |
| $500–750K | 33 | 3 | 8% | 18 | 96.2% |
| $750K–1M | 4 | 1 | 20% | 7 | 100.0% |
| $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