Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Navassa
October 24, 2026
(910) 395‑1000 · buddyblake.com
Navassa: 115 of 123 listings sold in the last 12 months
Only 1 in 15 Navassa listings ended without selling over the last 12 months, down from 15% the year before. The typical home sold in 29 days, and the median sold price was $359,990.
Summary written October 30, 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 Navassa 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 15 days. Needed price cuts: 77 days, and sold for 93.7% of the first price.
What waiting costs
| Property taxes | $103 |
| Homeowners insurance | $250 |
| Upkeep | $300 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $907 + mortgage |
About $907 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 142 days — roughly $4,235 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
12%
15 of about 130 before closing
Those homes that later sold
93%
7% never sold
Sold vs. first ask after a fall-through
98.1%
vs. 100.0% on the first contract
Days to sell after a fall-through
62
vs. 21 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 50% · cash 7% · VA 11% · FHA 30%.
If you're selling
- Price it right from day one. Homes priced right sold in a median 15 days.
- Homes that needed price cuts took a median 77 days to sell, and sold at 93.7% of the original ask.
- Waiting costs money. For a typical home, the estimated carrying cost before mortgage while unsold is about $4,235.
- Contracts fell apart in 1 in 9 deals. Most often that comes from inspection, appraisal or financing issues, based on general industry experience. Get repairs and pricing ready before you go under contract.
If you're buying
- Room to negotiate: 49% of homes sold below their first ask.
- Homes that sit: listings that never sold had been on the market a median 142 days.
- Financing is mixed: 50% of buyers used conventional, 30% FHA, 11% VA and 7% paid cash.
Did you know?
- Contracts fell apart in 1 in 9 cases, but 93% of those homes later sold.
- First contracts sold in a median 21 days. After a contract fell through, the median was 62 days.
- Listings that never sold were cut a median 1.3% before they came off the market.
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Thinking of selling in Navassa? What it takes and what it costs →
For sellers
Listings that didn't sell
7%
down 8.8 pts from a year ago
8 expired or canceled vs 115 sold
Sold vs. first asking price
100.0%
about the same as a year ago
median sale price ÷ original list price
Sold below first asking
49%
share of homes that sold
Price cut on homes that didn't sell
1.3%
median — and they still didn't sell
For buyers
True days on market
29
up 5 days from a year ago
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
25%
of listings that didn't sell the first time
Median sold price
$360K
up 4.3% from a year ago
115 homes sold
The last 24 months
0% latest month · Sep 26
11 latest month · Sep 26
99.9% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 18 | 2 | 10% | 26 | 100.0% |
| $300–400K | 62 | 5 | 8% | 35 | 99.7% |
| $400–500K | 32 | 1 | 3% | 28 | 99.8% |
| $500–750K | 3 | 0 | 0% | 1 | 100.0% |
Neighborhoods in Navassa
| Neighborhood | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Lakes at Riverbend | 56 | 7 | 11% | 14 | 100.0% |
| Cedar Hill Landing | 57 | 1 | 2% | 39 | 99.0% |
Navassa housing market: quick answers
How long do homes take to sell in Navassa?
Homes that sold in Navassa over the last 12 months took a median of 29 days, counted from the day they were first listed (relists included). That's up 5 days from a year ago.
What do homes in Navassa sell for compared to the asking price?
The median home in Navassa sold for 100.0% of its first asking price in the last 12 months, and 49% of the homes that sold went for less than the original price. That's about the same as a year ago.
What percentage of homes listed in Navassa don't sell?
7% of homes listed in Navassa over the last 12 months expired or were canceled without selling — about 1 in 15 (8 didn't sell vs 115 sold). That's down 8.8 pts from a year ago. The homes that didn't sell had already cut their price a median 1.3%.
What is the median sold price in Navassa?
The median sold price in Navassa over the last 12 months was $359,990, across 115 homes sold. That's up 4.3% from a year ago.
Where do these Navassa housing market numbers come from?
Hive MLS listing and sales records for homes only (land excluded), covering the last 12 months and updated October 24, 2026. The figures refresh from the MLS every hour; "didn't sell" counts only expired and canceled listings. Compiled by Buddy Blake Team, Coldwell Banker Sea Coast Advantage.
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 24, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000