Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Brandywine Bay, Morehead City
November 1, 2026
(910) 395‑1000 · buddyblake.com
Brandywine Bay: one in six listings didn't sell last year
In Brandywine Bay in Morehead City, one in six listings ended without selling over the last 12 months. That's 7 of 43, down from 17% the year before. Homes that sold went for a median $412,500 and took a typical 20 days.
Summary written October 30, 2026 from that day's numbers. The figures in the tiles update every hour, so they can differ slightly.
Which pile do you want to be in?
Out of every 20 homes listed in Brandywine Bay, Morehead City over the last 12 months, the solid houses sold. The outlined ones expired or were canceled.
Priced right from day one: sold in a median 5 days. Needed price cuts: 55 days, and sold for 93.4% of the first price.
What waiting costs
| Property taxes | $77 |
| Homeowners insurance | $250 |
| Upkeep | $344 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $921 + mortgage |
About $921 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 125 days — roughly $3,777 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.
An example, not a quote: Carteret County rate 0.225 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.
When contracts fall apart
Contracts that fell apart
18%
8 of about 44 before closing
Those homes that later sold
88%
0% never sold
Sold vs. first ask after a fall-through
93.4%
vs. 96.3% on the first contract
Days to sell after a fall-through
82
vs. 15 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 44% · cash 53% · VA 3% · FHA 0%.
If you're selling
- Price it right from day one. Homes priced right sold in a median 5 days.
- Homes that needed price cuts took a median 55 days to sell, and they sold at a typical 93.4% of first ask.
- Listings that never sold had a median price cut of 5.6% and sat a median 125 days.
- Most contracts that fall apart do so from inspection, appraisal or financing issues, based on general industry experience. Prepare for those before you go under contract.
If you're buying
- Room to negotiate is real here. 83% of sold homes went for less than the first asking price.
- Homes that stall can sit a long time. Listings that never sold sat a median 125 days.
- Cash is common. 53% of buyers paid cash, 44% used conventional loans, 3% used VA and 0% used FHA.
Did you know?
- Contracts fell apart on 18% of deals here, about one in 5.
- After a contract fell apart, 88% of those homes later sold, with a median 124 days to sell.
- For a typical home at $412,500, estimated carrying costs before mortgage are about $921 a month.
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For sellers
Listings that didn't sell
16%
down 0.7 pts from a year ago
7 expired or canceled vs 36 sold
Sold vs. first asking price
95.8%
up 0.6 pts from a year ago
median sale price ÷ original list price
Sold below first asking
83%
share of homes that sold
Price cut on homes that didn't sell
5.6%
median — and they still didn't sell
For buyers
True days on market
20
down 48 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
4.2%
how far under the original price homes sold
Didn't sell, then sold on a relist
14%
of listings that didn't sell the first time
Median sold price
$413K
down 2.9% from a year ago
36 homes sold
The last 24 months
0% latest month · Oct 26
88 latest month · Oct 26
89.1% latest month · Oct 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 5 | 1 | 17% | 4 | 98.6% |
| $300–400K | 8 | 1 | 11% | 11 | 99.4% |
| $400–500K | 13 | 2 | 13% | 30 | 93.7% |
| $500–750K | 9 | 3 | 25% | 15 | 96.3% |
| $750K–1M | 1 | 0 | 0% | 18 | 94.7% |
Brandywine Bay, Morehead City housing market: quick answers
How long do homes take to sell in Brandywine Bay, Morehead City?
Homes that sold in Brandywine Bay, Morehead City over the last 12 months took a median of 20 days, counted from the day they were first listed (relists included). That's down 48 days from a year ago.
What do homes in Brandywine Bay, Morehead City sell for compared to the asking price?
The median home in Brandywine Bay, Morehead City sold for 95.8% of its first asking price in the last 12 months, and 83% of the homes that sold went for less than the original price. That's up 0.6 pts from a year ago.
What percentage of homes listed in Brandywine Bay, Morehead City don't sell?
16% of homes listed in Brandywine Bay, Morehead City over the last 12 months expired or were canceled without selling — about 1 in 6 (7 didn't sell vs 36 sold). That's down 0.7 pts from a year ago. The homes that didn't sell had already cut their price a median 5.6%.
What is the median sold price in Brandywine Bay, Morehead City?
The median sold price in Brandywine Bay, Morehead City over the last 12 months was $412,500, across 36 homes sold. That's down 2.9% from a year ago.
What is my home worth in Brandywine Bay, Morehead City?
The median home in Brandywine Bay, Morehead City sold for $412,500 over the last 12 months (36 sales), down about 2.9% from $425,000 the prior 12 months. Your property's value depends on its size, condition, lot and street, and online estimates often disagree by a wide margin. Enter your address under "What's my home worth?" on the homepage to see what's for sale, under contract and sold around you, or call for a price built from the homes that actually compete with yours.
Are home prices in Brandywine Bay, Morehead City going down?
At the median, yes. Homes in Brandywine Bay, Morehead City sold for a median of $412,500 in the last 12 months, down about 2.9% from $425,000 the prior 12 months. Fewer homes sold (36 vs 39), and the median time on the market went from 68 to 20 days. Prices move differently by neighborhood and price range, so check the band your home falls in below.
Where do these Brandywine Bay, Morehead City housing market numbers come from?
Hive MLS listing and sales records for homes only (land excluded), covering the last 12 months and updated November 1, 2026. The figures refresh from the MLS every hour; "didn't sell" counts only expired and canceled listings. Compiled by Buddy Blake Team, Coldwell Banker Sea Coast Advantage.
Homes only (land excluded), last 12 months unless noted. "Didn't sell" = listings that expired or were canceled — withdrawn and on-hold listings are not counted (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 November 1, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000