Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Palmetto Creek, Bolivia
October 21, 2026
(910) 395‑1000 · buddyblake.com
In Palmetto Creek, 1 in 8 listings didn't sell this past year
In the Palmetto Creek neighborhood in Bolivia, 68 homes came off the market over the last 12 months, and 8 of them didn't sell. That is 12%, or 1 in 8, up from 4% the year before. The homes that did sell took a typical 129 days and went for a median 97.4% of first asking price, with a median sold price of $450,750.
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 Palmetto Creek, Bolivia 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 53 days. Needed price cuts: 171 days, and sold for 92.3% of the first price.
What waiting costs
| Property taxes | $128 |
| Homeowners insurance | $250 |
| Upkeep | $376 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $1,003 + mortgage |
About $1,003 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 159 days — roughly $5,244 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
25%
20 of about 79 before closing
Those homes that later sold
100%
0% never sold
Sold vs. first ask after a fall-through
97.6%
vs. 97.2% on the first contract
Days to sell after a fall-through
301
vs. 94 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 61% · cash 25% · VA 7% · FHA 5%.
If you're selling
- Price it right from day one. The 33 homes priced right sold in a median 38 days. The 27 that needed price cuts sat a median 171 days and sold at a median 92.3% of asking.
- Small cuts after a long wait don't fix much. Listings that never sold took a median price cut of 2.8% and still sat a median 159 days.
- Waiting costs money. For a typical home at $450,750, carrying costs are estimated at about $1,003 a month before mortgage, and about $5,244 while the home sits unsold.
- About 1 in 4 contracts fell apart. The MLS doesn't record why, but in general experience it's most often inspection, appraisal or financing issues. Get ahead of them with a pre-listing walk-through and a buyer who is solidly qualified.
If you're buying
- You have room to talk. 70% of homes sold below their first asking price, and the median sale came in at 97.4%.
- Look at how long a home has sat. Homes that needed price cuts sold at a median 92.3% of asking after a median 171 days.
- Know who you're up against. Buyers paid cash on 27% of sales, 60% used conventional loans, 7% used VA and 5% used FHA.
Did you know?
- Did you know? About 1 in 4 contracts in Palmetto Creek fell apart, and every one of those homes later sold, at a median 97.6% of asking.
- Did you know? A home that sold after a contract fell apart took a median 301 days, against a median 79 days for homes that held their first contract.
- Did you know? Listings in Palmetto Creek that never sold sat a median 159 days before they came off the market.
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For sellers
Listings that didn't sell
12%
up 8.5 pts from a year ago
8 expired or canceled vs 59 sold
Sold vs. first asking price
97.3%
down 2.7 pts from a year ago
median sale price ÷ original list price
Sold below first asking
70%
share of homes that sold
Price cut on homes that didn't sell
2.8%
median — and they still didn't sell
For buyers
True days on market
131
up 58 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
2.7%
how far under the original price homes sold
Didn't sell, then sold on a relist
0%
of listings that didn't sell the first time
Median sold price
$452K
up 6.1% from a year ago
59 homes sold
The last 23 months
17% latest month · Sep 26
38 latest month · Sep 26
96.7% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| $300–400K | 8 | 0 | 0% | 474 | 90.0% |
| $400–500K | 34 | 4 | 11% | 200 | 97.4% |
| $500–750K | 15 | 4 | 21% | 57 | 100.0% |
| $750K–1M | 2 | 0 | 0% | 104 | 93.3% |
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