Market insights

What really happens to homes listed in Castle Hayne

The numbers most home sites don't show: how many listings never sell, how long homes really take, and what they sell for against the first asking price.

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Buddy Blake Team · Coldwell Banker Sea Coast Advantage

Market insights: Castle Hayne

October 20, 2026
(910) 395‑1000 · buddyblake.com

Castle Hayne: 1 in 6 listings didn't sell, down from 19% the year before

In Castle Hayne over the last 12 months, 333 homes came off the market and 53 of them didn't sell. That's 16%, or 1 in 6, down from 19% the year before. The typical home that sold took 29 days and went for a median of $401,490.

Summary written October 14, 2026 from that day's numbers. The figures in the tiles update every hour, so they can differ slightly.

17 sold out of every 20 listed 3 didn't expired, withdrawn or canceled

Which pile do you want to be in?

Out of every 20 homes listed in Castle Hayne 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 The outlined ones expired, were withdrawn or were canceled.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: 79 days, and sold for 92.7% of the first price.

What waiting costs

A typical $401,490 home, per month
Property taxes$102
Homeowners insurance$250
Upkeep$335
Utilities$250
Your mortgage paymentif you have one
About$936 + mortgage

About $936 every month the home sits — plus your mortgage payment.

Listings that didn't sell stayed on the market a median of 140 days — roughly $4,325 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.

An example, not a quote: New Hanover County rate 0.306 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

17%

59 of about 341 before closing

Those homes that later sold

81%

17% never sold

Sold vs. first ask after a fall-through

96.6%

vs. 98.7% on the first contract

Days to sell after a fall-through

65

vs. 26 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 42% · cash 16% · VA 9% · FHA 29%.

If you're selling

  • Price it right from day one. The 177 homes that did sold in a median of 15 days. The 103 that needed price cuts took a median of 82 days and sold at a median 92.7% of asking.
  • Know your price range. $500–750K was the toughest at 26% not selling. $300–400K was the easiest at 10%.
  • Small cuts late don't fix it. Listings that never sold sat a median of 140 days, and the median cut was only 2.0%.
  • Waiting costs money. On a typical home, carrying costs run an estimated $936 a month before the mortgage, and about $4,325 while a home goes unsold.

If you're buying

  • There's room to talk. 62% of homes sold below the first asking price, and the typical sale came in at 98.4% of it.
  • Homes that sit are the ones you can push on. Listings that never sold had a median of 140 days on the market.
  • Buyers pay in different ways here: 41% conventional, 30% FHA, 16% cash and 9% VA.

Did you know?

  • Did you know? A home that sold after a first contract fell apart took a median of 64 days, against 26 days for homes whose first contract held.
  • Did you know? About 80% of homes whose contract fell apart later sold, but 19% never did.
  • Did you know? First contracts that held closed at a median 98.7% of asking. Homes that sold after a fall-through closed at a median 97.0%.

Thinking of selling in Castle Hayne? What it takes and what it costs →

Deal Killer Report: how often contracts fall apart in Castle Hayne — and what it costs the seller →

For sellers

Listings that didn't sell

16%

down 3.1 pts from a year ago

52 expired, withdrawn or canceled vs 282 sold

Sold vs. first asking price

98.3%

about the same as a year ago

median sale price ÷ original list price

Sold below first asking

62%

share of homes that sold

Price cut on homes that didn't sell

2.0%

median — and they still didn't sell

For buyers

True days on market

30

down 3 days from a year ago

median for sold homes, counted from the first listing

Typical room below first ask

1.7%

how far under the original price homes sold

Didn't sell, then sold on a relist

21%

of listings that didn't sell the first time

Median sold price

$401K

about the same as a year ago

282 homes sold

By starting price

First askingSoldDidn't sell% didn't sellTrue daysSold vs. first ask
Under $300K3949%3296.3%
$300–400K85910%2898.7%
$400–500K1071311%2099.6%
$500–750K311126%10894.4%
$750K–1M111252%8898.8%
$1M+9325%4998.3%

Neighborhoods in Castle Hayne

NeighborhoodSoldDidn't sell% didn't sellTrue daysSold vs. first ask
Sidbury Station13364%21100.0%
River Bluffs351631%8898.3%

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 October 20, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000

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