Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Shallotte
October 19, 2026
(910) 395‑1000 · buddyblake.com
Shallotte: 1 in 4 homes that hit the market didn't sell
In Shallotte over the last 12 months, 514 homes ended their listings. 398 sold and 116 didn't, which is 23%, up from 22% the year before. The typical home that sold took 68 days and went for a median of 95.0% of its first asking price.
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 Shallotte 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 The outlined ones expired, were withdrawn or were canceled.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 19 days. Needed price cuts: 103 days, and sold for 90.9% of the first price.
What waiting costs
| Property taxes | $88 |
| Homeowners insurance | $250 |
| Upkeep | $258 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $848 + mortgage |
About $848 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 172 days — roughly $4,770 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
21%
103 of about 498 before closing
Those homes that later sold
66%
33% never sold
Sold vs. first ask after a fall-through
91.2%
vs. 95.9% on the first contract
Days to sell after a fall-through
120
vs. 53 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 28% · VA 8% · FHA 12%.
If you're selling
- Price it right from day one. The 153 homes priced right sold in a typical 19 days. The 245 that needed price cuts took 103 days and sold at 90.9% of asking.
- The $400–500K range is the toughest, with 31% not selling. Under $300K is the easiest at 19%. If you're in the tougher range, the first price matters even more.
- Waiting costs money. On a typical $309,110 home, carrying costs are estimated at about $848 a month before the mortgage. Sitting unsold adds up to about $4,770.
- Contracts fall apart about 1 in 5 times, 21%. Most often it's inspection, appraisal or financing issues, based on general industry experience. Get the home ready and consider an inspection up front. A second contract is slower: 122 days versus 54 days for a first contract that held.
If you're buying
- You have room to negotiate. 84% of homes sold below their first asking price, and the median sale was 95.0% of it.
- Look at homes that have sat. Listings that never sold sat a median of 172 days and took a median price cut of 2.6%. Long-sitting homes are where sellers tend to listen.
- You're not competing only with cash. Buyers paid cash on 28%, conventional on 50%, FHA on 12% and VA on 9%.
Did you know?
- Did you know? When a Shallotte contract fell apart, 67% of those homes later sold, but 31% never did.
- Did you know? Homes that sold after a contract fell apart went for a median of 91.3% of asking, compared with 95.7% for homes whose first contract held.
- Did you know? The median sold price in Shallotte over the last 12 months was $309,110.
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Thinking of selling in Shallotte? What it takes and what it costs →
For sellers
Listings that didn't sell
23%
up 2.0 pts from a year ago
120 expired, withdrawn or canceled vs 395 sold
Sold vs. first asking price
95.2%
up 0.5 pts from a year ago
median sale price ÷ original list price
Sold below first asking
83%
share of homes that sold
Price cut on homes that didn't sell
2.6%
median — and they still didn't sell
For buyers
True days on market
67
up 2 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
4.8%
how far under the original price homes sold
Didn't sell, then sold on a relist
18%
of listings that didn't sell the first time
Median sold price
$309K
up 3.0% from a year ago
395 homes sold
The last 24 months
23% latest month · Sep 26
34 latest month · Sep 26
97.6% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 153 | 36 | 19% | 58 | 95.3% |
| $300–400K | 144 | 46 | 24% | 49 | 96.7% |
| $400–500K | 51 | 24 | 32% | 103 | 92.9% |
| $500–750K | 30 | 7 | 19% | 111 | 91.5% |
| $750K–1M | 14 | 4 | 22% | 92 | 88.7% |
| $1M+ | 3 | 3 | 50% | 25 | 96.4% |
Neighborhoods in Shallotte
| Neighborhood | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Summers Walk | 52 | 1 | 2% | 46 | 96.6% |
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