Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Cedar Point
October 22, 2026
(910) 395‑1000 · buddyblake.com
Cedar Point: 1 in 3 homes that listed didn't sell
In Cedar Point over the last 12 months, 77 listings ended, and 26 of them didn't sell. That's 34%, or 1 in 3, up from 24% the year before. The typical home that did sell took 63 days and sold for 93.7% of its first asking price.
Summary written October 17, 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 Cedar Point 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 12 days. Needed price cuts: 119 days, and sold for 90.0% of the first price.
What waiting costs
| Property taxes | $89 |
| Homeowners insurance | $250 |
| Upkeep | $396 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $989 + mortgage |
About $989 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 147 days — roughly $4,754 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
17%
11 of about 64 before closing
Those homes that later sold
55%
46% never sold
Sold vs. first ask after a fall-through
84.0%
vs. 94.2% on the first contract
Days to sell after a fall-through
219
vs. 55 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 43% · cash 36% · VA 17% · FHA 2%.
If you're selling
- Price it right from day one. The 19 homes priced right sold in a typical 10 days. The 32 that needed price cuts took a typical 125 days and sold at 89.8% of asking.
- Small cuts after months of waiting don't fix it. Listings that never sold had a median cut of just 3.2% and sat a median 147 days.
- Waiting costs real money. On a typical $475,000 home, estimated carrying costs before mortgage are about $989 a month, or about $4,754 while a home sits unsold.
- Contracts fall apart about 1 in 6 times here (18%), most often from inspection, appraisal or financing issues, based on general industry experience. Get ahead of them with pre-listing repairs and a realistic price. The first contract sold at 94.2% in a typical 50 days. After a fall-through, it was 84.0% and 219 days.
If you're buying
- You have room to negotiate. 82% of Cedar Point homes sold below their first asking price, and the median sale came in at 93.7% of it.
- Homes that sit are a signal. Listings that never sold sat a median 147 days, so a long-listed home may be open to a lower offer.
- You're not alone if you aren't paying cash. Buyers paid cash 35% of the time, conventional 43%, VA 18% and FHA 2%.
Did you know?
- Cedar Point's median sold price over the last 12 months was $475,000.
- When a contract fell apart, 55% of those homes later sold, but the typical wait was 219 days.
- The share of listings that didn't sell in Cedar Point rose from 24% a year earlier to 34%.
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Thinking of selling in Cedar Point? What it takes and what it costs →
For sellers
Listings that didn't sell
33%
up 8.9 pts from a year ago
26 expired or canceled vs 53 sold
Sold vs. first asking price
93.7%
down 6.3 pts from a year ago
median sale price ÷ original list price
Sold below first asking
81%
share of homes that sold
Price cut on homes that didn't sell
3.2%
median — and they still didn't sell
For buyers
True days on market
64
up 29 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
6.3%
how far under the original price homes sold
Didn't sell, then sold on a relist
4%
of listings that didn't sell the first time
Median sold price
$459K
up 36.2% from a year ago
53 homes sold
The last 24 months
78% latest month · Sep 26
49 latest month · Sep 26
94.1% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 10 | 9 | 47% | 23 | 92.2% |
| $300–400K | 11 | 4 | 27% | 64 | 97.2% |
| $400–500K | 7 | 0 | 0% | 14 | 97.5% |
| $500–750K | 19 | 7 | 27% | 119 | 95.8% |
| $750K–1M | 5 | 4 | 44% | 99 | 91.0% |
| $1M+ | 1 | 2 | 67% | 87 | 88.2% |
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 October 22, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000