Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Fawn Valley, Wilmington
October 20, 2026
(910) 395‑1000 · buddyblake.com
In Fawn Valley, 46% of listings ended without a sale
In the last 12 months, 44 homes ended in the Fawn Valley neighborhood in Wilmington. 24 sold and 20 didn't, which is 46%, roughly 1 in 2. Homes that sold took a typical 38 days and closed at a median $583,435.
Summary written October 14, 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 Fawn Valley, Wilmington 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 The outlined ones expired, were withdrawn or were canceled.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 38 days. Needed price cuts: 43 days, and sold for 96.3% of the first price.
What waiting costs
| Property taxes | $149 |
| Homeowners insurance | $250 |
| Upkeep | $486 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $1,138 + mortgage |
About $1,138 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 100 days — roughly $3,750 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
16%
5 of about 31 before closing
Those homes that later sold
20%
80% never sold
Sold vs. first ask after a fall-through
100.9%
vs. 100.0% on the first contract
Days to sell after a fall-through
33
vs. 38 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 89% · cash 8% · VA 4% · FHA 0%.
If you're selling
- Price it right from day one. 23 homes sold in a typical 38 days. The one that needed price cuts took 43 days and sold at 96.3% of its asking price.
- Listings that never sold sat a median of 100 days before they ended. Waiting rarely fixes a price that was off at the start.
- Waiting costs money. On a typical home at $583,435, carrying costs run an estimated $1,138 a month before the mortgage. An unsold stretch comes to about $3,750.
- Homes that sold closed at a median 100.0% of the first asking price. Only 21% sold below it. A fair first price holds up.
If you're buying
- Most homes that sold went for about the first asking price, with a median of 100.0%. Only 21% sold below it, so don't count on a big discount from the start.
- Homes that sit are where you have more room. Listings that never sold sat a median of 100 days, and a seller who has waited that long may be more open to talking.
- Pay attention to price and days on market together. A home that has sat well past the typical 38 days tells you something about its price.
Did you know?
- Did you know? In Fawn Valley, 20 of the 44 homes that ended in the last 12 months didn't sell.
- Did you know? The typical home that sold in Fawn Valley took 38 days.
- Did you know? Carrying costs on a $583,435 home are estimated at about $1,138 a month before the mortgage.
Get the Fawn Valley, Wilmington report every month
The same numbers, updated monthly, straight to your inbox. No spam, one click to stop.
For sellers
Listings that didn't sell
47%
down 53.1 pts from a year ago
23 expired, withdrawn or canceled vs 26 sold
Sold vs. first asking price
100.0%
median sale price ÷ original list price
Sold below first asking
23%
share of homes that sold
Price cut on homes that didn't sell
-0.5%
median — and they still didn't sell
For buyers
True days on market
38
median for sold homes, counted from the first listing
Typical room below first ask
0.0%
how far under the original price homes sold
Didn't sell, then sold on a relist
22%
of listings that didn't sell the first time
Median sold price
$588K
26 homes sold
The last 12 months
33% latest month · Sep 26
54 latest month · Sep 26
97.2% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| $400–500K | 2 | 1 | 33% | 42 | 98.2% |
| $500–750K | 24 | 22 | 48% | 38 | 100.0% |
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