Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Kingfish Bay, Calabash
October 21, 2026
(910) 395‑1000 · buddyblake.com
Kingfish Bay: 39% of listings ended without a sale
In the Kingfish Bay neighborhood in Calabash, 46 homes came off the market in the last 12 months. 28 sold and 18 didn't, which is 39%, up from 37% the year before. The typical home that sold took 103 days and went for a median 96.1% of its first asking price.
Summary written October 15, 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 Kingfish Bay, Calabash 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 22 days. Needed price cuts: 111 days, and sold for 93.8% of the first price.
What waiting costs
| Property taxes | $159 |
| Homeowners insurance | $250 |
| Upkeep | $466 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $1,124 + mortgage |
About $1,124 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 179 days — roughly $6,632 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.
An example, not a quote: Brunswick County rate 0.342 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
28%
11 of about 40 before closing
Those homes that later sold
36%
64% never sold
Sold vs. first ask after a fall-through
94.3%
vs. 96.0% on the first contract
Days to sell after a fall-through
138
vs. 102 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 62% · cash 38% · VA 0% · FHA 0%.
If you're selling
- Price it right from day one. The 11 homes priced right sold in a typical 22 days. The 17 that needed price cuts took 116 days and sold at 93.3% of asking.
- Waiting costs real money. For a typical $559,000 home, carrying costs run an estimated $1,124 a month before the mortgage. That is about $6,632 estimated while a home sits unsold.
- Stale listings rarely recover. Homes that never sold sat a median 179 days before the listing ended.
- Contracts fall apart about 1 in 4 times here (28%). The MLS doesn't record why, but most often it's inspection, appraisal or financing issues. Get repairs looked at and your price supported before you go under contract.
If you're buying
- You have room to negotiate. 86% of homes sold below their first asking price, and the median sale came in at 96.1% of it.
- Look hard at homes that have sat a while. Listings that never sold sat a median 179 days, and homes that needed cuts sold at 93.3% of asking.
- You'll be bidding against cash. 39% of buyers paid cash and 61% used conventional loans. VA and FHA were 0%.
Did you know?
- Did you know? The median sold price in Kingfish Bay over the last 12 months was $559,000.
- Did you know? Homes that sold after a first contract fell apart went for a median 94.3% of asking, compared with 96.1% for homes that held their first contract.
- Did you know? Homes priced right sold in a typical 22 days. Homes that needed price cuts took 116 days.
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For sellers
Listings that didn't sell
38%
up 1.5 pts from a year ago
18 expired or canceled vs 29 sold
Sold vs. first asking price
96.0%
down 1.9 pts from a year ago
median sale price ÷ original list price
Sold below first asking
86%
share of homes that sold
Price cut on homes that didn't sell
0.0%
median — and they still didn't sell
For buyers
True days on market
102
up 57 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
4.0%
how far under the original price homes sold
Didn't sell, then sold on a relist
39%
of listings that didn't sell the first time
Median sold price
$550K
down 6.8% from a year ago
29 homes sold
The last 22 months
100% latest month · Sep 26
175 latest month · Aug 26
95.1% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| $300–400K | 4 | 1 | 20% | 50 | 96.2% |
| $400–500K | 1 | 3 | 75% | 4 | 100.0% |
| $500–750K | 17 | 10 | 37% | 175 | 95.2% |
| $750K–1M | 6 | 1 | 14% | 62 | 97.9% |
| $1M+ | 1 | 3 | 75% | 177 | 105.2% |
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 21, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000