Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Ocean Ridge Plantation, Ocean Isle Beach
October 21, 2026
(910) 395‑1000 · buddyblake.com
Ocean Ridge Plantation: 1 in 4 listings ended without selling
In Ocean Ridge Plantation over the last 12 months, 22 of 92 listings ended without selling, a 24% rate, up from 21% the year before. Sold homes went for a median $646,003, and 77% sold below their first asking price. Pricing it right from the start is the biggest lever here.
Summary written October 21, 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 Ocean Ridge Plantation, Ocean Isle Beach 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 25 days. Needed price cuts: 89 days, and sold for 93.3% of the first price.
What waiting costs
| Property taxes | $184 |
| Homeowners insurance | $250 |
| Upkeep | $538 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $1,222 + mortgage |
About $1,222 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 183 days — roughly $7,332 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
13%
10 of about 80 before closing
Those homes that later sold
40%
60% never sold
Sold vs. first ask after a fall-through
93.3%
vs. 96.1% on the first contract
Days to sell after a fall-through
124
vs. 76 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 63% · cash 36% · VA 0% · FHA 0%.
If you're selling
- Homes priced right from day one sold in a median 25 days, across 29 sales.
- Homes that needed price cuts took a median 89 days, across 41 sales, and sold at a median 93.3% of asking.
- The $750K–1M range has the highest didn't-sell rate at 30%, versus 20% for $500–750K.
- Listings that never sold had a median price cut of 3.4% and sat a median 183 days.
If you're buying
- 77% of sold homes sold below first ask, so there is room to negotiate.
- Homes in the $750K–1M range sit more often, with a 30% didn't-sell rate.
- 36% of buyers paid cash and 63% used conventional loans. No VA or FHA buyers showed up in these sales.
Did you know?
- Contracts fell apart on 13% of listings, about 1 in 8.
- Of contracts that fell apart, 40% later sold and 60% never sold.
- For a $646,003 home, estimated carrying costs are about $1,222 a month before mortgage, and about $7,332 before mortgage while unsold.
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For sellers
Listings that didn't sell
24%
up 2.6 pts from a year ago
22 expired or canceled vs 70 sold
Sold vs. first asking price
96.0%
about the same as a year ago
median sale price ÷ original list price
Sold below first asking
77%
share of homes that sold
Price cut on homes that didn't sell
3.4%
median — and they still didn't sell
For buyers
True days on market
77
up 32 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
27%
of listings that didn't sell the first time
Median sold price
$646K
down 6.4% from a year ago
70 homes sold
The last 24 months
23% latest month · Sep 26
76 latest month · Sep 26
93.2% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 1 | 0 | 0% | 1 | 1000.0% |
| $500–750K | 41 | 10 | 20% | 74 | 96.0% |
| $750K–1M | 19 | 8 | 30% | 83 | 96.8% |
| $1M+ | 9 | 4 | 31% | 88 | 94.6% |
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