Homes under $400K for sale in Terrapin, Leland NC

Homes listed under $400,000.

9

For sale now

$329,900

Middle asking price

$204/sq ft

$377,400

Middle sale price

8 sold, last 12 mo

97.3%

Of first asking price

what sellers received

105

Days on market

typical, last 12 mo

Stop anytime.

As of October 28, 2026, there are 9 homes under $400K for sale in Terrapin in Leland, NC, with a middle asking price of $329,900 (from $279,900 to $394,900). Another 9 are under contract.

In the 12 months through October 28, 2026, 8 sold at a middle price of $377,400, typically for 97.3% of the first asking price after about 105 days on the market.

Newest homes under $400K in Terrapin

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Price mix

  • Under $300K3
  • $300K–$500K6
  • $500K–$750K0
  • $750K–$1M0
  • $1M+0

Under $400K in other Leland neighborhoods

Questions, answered

How many homes under $400K are for sale in Terrapin in Leland, NC?

As of October 28, 2026, there are 9 homes under $400K for sale in Terrapin in Leland, NC, with a middle asking price of $329,900 (from $279,900 to $394,900). Another 9 are under contract.

What do homes under $400K cost in Terrapin in Leland, NC?

As of October 28, 2026, the middle asking price is $329,900, about $204 per square foot for a typical 1,731 sq ft. Under $300K: 3; $300K–$500K: 6.

What did homes under $400K sell for in Terrapin in Leland, NC last year?

In the 12 months through October 28, 2026, 8 sold at a middle price of $377,400, typically for 97.3% of the first asking price after about 105 days on the market.

How fast do homes under $400K sell in Terrapin in Leland, NC?

In the 12 months through October 28, 2026 they typically sold in about 105 days, at 97.3% of the first asking price.

How do I estimate a monthly payment on a home in Terrapin in Leland, NC?

A mortgage payment has two parts: principal and interest, which depend on the price, your down payment and the rate a lender offers you; and the costs on top — property taxes, homeowners insurance (and flood insurance near the water), HOA dues where there's an association, and mortgage insurance if you put less than 20% down. Each home's page has a calculator that uses the rate you've been quoted and that home's own taxes and HOA dues from the listing. For your actual rate and Annual Percentage Rate (APR), ask a licensed lender — we can introduce you to Joey Milam at Alpha Mortgage Advantage, or you're free to choose any lender.

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Figures are computed live from MLS listing data for Terrapin in Leland, NC, under $400k only. Middle = median. Listing data is deemed reliable but not guaranteed.