Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Leland
October 19, 2026
(910) 395‑1000 · buddyblake.com
Leland: 1 in 5 homes didn't sell in the last 12 months
In Leland, 384 of 1,800 homes that came off the market in the last 12 months didn't sell. That's 21%, or 1 in 5, up from 18% the year before. The homes that did sell went for a median of $395,000, in a typical 52 days.
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 Leland 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 The outlined ones expired, were withdrawn or were canceled.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 20 days. Needed price cuts: 96 days, and sold for 92.9% of the first price.
What waiting costs
| Property taxes | $113 |
| Homeowners insurance | $250 |
| Upkeep | $329 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $942 + mortgage |
About $942 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 122 days — roughly $3,762 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
16%
273 of about 1,696 before closing
Those homes that later sold
66%
31% never sold
Sold vs. first ask after a fall-through
94.7%
vs. 97.2% on the first contract
Days to sell after a fall-through
98
vs. 47 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 54% · cash 22% · VA 7% · FHA 16%.
If you're selling
- Price it right from day one. In Leland, 713 homes priced right sold in a typical 20 days. The 703 that needed price cuts took a typical 94 days and sold at 92.9% of asking.
- Small cuts weren't enough. Listings that never sold had a median cut of just 2.3% and sat a median of 122 days.
- Watch your price range. Homes at $1M+ didn't sell 44% of the time. The $500–750K range did best, at 18%.
- Waiting costs money. On a typical $395,000 home, estimated carrying costs run about $942 a month before mortgage. About $3,762 while a home sits unsold.
If you're buying
- You have room to talk. 74% of Leland homes sold below their first asking price, and the typical sale was 97.0% of the first ask.
- Homes that sit are negotiable. Listings that never sold sat a median of 122 days. A home that has been on the market for months may be open to a lower offer.
- You're not competing only with cash. Of Leland buyers, 22% paid cash, 54% used conventional loans, 16% FHA and 7% VA.
Did you know?
- Did you know? When a Leland contract fell apart, 66% of those homes later sold. 31% never did.
- Did you know? Homes that sold after a contract fell apart went for a typical 94.7% of asking. First-contract sales got 97.3%.
- Did you know? In Leland, 74% of homes sold below their first asking price.
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Thinking of selling in Leland? What it takes and what it costs →
For sellers
Listings that didn't sell
21%
up 3.4 pts from a year ago
387 expired, withdrawn or canceled vs 1,423 sold
Sold vs. first asking price
97.0%
down 1.0 pts from a year ago
median sale price ÷ original list price
Sold below first asking
74%
share of homes that sold
Price cut on homes that didn't sell
2.4%
median — and they still didn't sell
For buyers
True days on market
53
up 14 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
3.0%
how far under the original price homes sold
Didn't sell, then sold on a relist
23%
of listings that didn't sell the first time
Median sold price
$395K
up 3.9% from a year ago
1,423 homes sold
The last 24 months
20% latest month · Sep 26
45 latest month · Sep 26
97.7% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 244 | 67 | 22% | 34 | 97.9% |
| $300–400K | 419 | 113 | 21% | 56 | 97.0% |
| $400–500K | 324 | 75 | 19% | 64 | 96.9% |
| $500–750K | 311 | 67 | 18% | 51 | 97.3% |
| $750K–1M | 97 | 44 | 31% | 75 | 96.1% |
| $1M+ | 28 | 21 | 43% | 76 | 92.4% |
Neighborhoods in Leland
| Neighborhood | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Brunswick Forest | 208 | 81 | 28% | 53 | 96.4% |
| Compass Pointe | 73 | 37 | 34% | 63 | 96.8% |
| Indigo Preserve | 99 | 4 | 4% | 58 | 96.9% |
| Grayson Park | 78 | 22 | 22% | 54 | 97.1% |
| Terrapin | 86 | 5 | 6% | 40 | 100.0% |
| SeaBrooke | 60 | 13 | 18% | 38 | 99.2% |
| Grand Park | 66 | 3 | 4% | 122 | 93.2% |
| Coastal Haven | 42 | 26 | 38% | 73 | 97.5% |
| Magnolia Greens | 50 | 11 | 18% | 22 | 98.1% |
| Waterford of the Carolinas | 42 | 18 | 30% | 68 | 94.6% |
| Windsor Park | 43 | 6 | 12% | 34 | 98.0% |
| Pinewood | 42 | 2 | 5% | 99 | 94.3% |
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 19, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000