Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Summers Walk, Shallotte
November 1, 2026
(910) 395‑1000 · buddyblake.com
Summers Walk in Shallotte: 2% of listings ended without selling
In Summers Walk in Shallotte, 1 in 53 listings ended without selling over the last 12 months. A year before, the rate was 17%. Homes that sold took a median 41 days, and 83% sold below their first asking price.
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 Summers Walk, Shallotte 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 9 days. Needed price cuts: 86 days, and sold for 91.7% of the first price.
What waiting costs
| Property taxes | $80 |
| Homeowners insurance | $250 |
| Upkeep | $233 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $813 + mortgage |
About $813 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 110 days — roughly $2,953 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
7%
4 of about 59 before closing
Those homes that later sold
75%
25% never sold
Sold vs. first ask after a fall-through
87.9%
vs. 97.5% on the first contract
Days to sell after a fall-through
93
vs. 40 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 51% · cash 27% · VA 11% · FHA 11%.
If you're selling
- Price it right from day one. Homes priced right sold in a median 17 days.
- Homes that needed price cuts took a median 86 days to sell, and sold at 91.7% of asking.
- Contracts falling apart happened 1 in 14 times. Most often that comes from inspection, appraisal or financing issues, so get those ready before you list.
- Waiting costs money. Carrying costs are estimated at about $813 a month for a typical home before mortgage, and about $2,953 while it sits unsold.
If you're buying
- There is room to negotiate. Homes sold at a median 96.7% of first asking, and 83% sold below first ask.
- Homes that sold took a median 41 days, so you have some time to look carefully.
- Buyers are paying in different ways: 51% conventional, 26% cash, and 11% each VA and FHA.
Did you know?
- Listings that never sold sat a median 110 days before they ended.
- A median sale price of $279,999 was the typical result in Summers Walk over the last 12 months.
- Once a contract fell apart, 75% of those homes later sold, while 25% never did.
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For sellers
Listings that didn't sell
2%
down 14.9 pts from a year ago
1 expired or canceled vs 55 sold
Sold vs. first asking price
96.9%
up 4.4 pts from a year ago
median sale price ÷ original list price
Sold below first asking
80%
share of homes that sold
Price cut on homes that didn't sell
0.0%
median — and they still didn't sell
For buyers
True days on market
40
up 10 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
3.1%
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
$280K
down 1.2% from a year ago
55 homes sold
The last 15 months
17% latest month · Oct 26
40 latest month · Oct 26
99.0% latest month · Oct 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 25 | 0 | 0% | 67 | 94.7% |
| $300–400K | 30 | 1 | 3% | 27 | 99.1% |
Summers Walk, Shallotte housing market: quick answers
How long do homes take to sell in Summers Walk, Shallotte?
Homes that sold in Summers Walk, Shallotte over the last 12 months took a median of 40 days, counted from the day they were first listed (relists included). That's up 10 days from a year ago.
What do homes in Summers Walk, Shallotte sell for compared to the asking price?
The median home in Summers Walk, Shallotte sold for 96.9% of its first asking price in the last 12 months, and 80% of the homes that sold went for less than the original price. That's up 4.4 pts from a year ago.
What percentage of homes listed in Summers Walk, Shallotte don't sell?
2% of homes listed in Summers Walk, Shallotte over the last 12 months expired or were canceled without selling — about 1 in 56 (1 didn't sell vs 55 sold). That's down 14.9 pts from a year ago. The homes that didn't sell had already cut their price a median 0.0%.
What is the median sold price in Summers Walk, Shallotte?
The median sold price in Summers Walk, Shallotte over the last 12 months was $280,000, across 55 homes sold. That's down 1.2% from a year ago.
What is my home worth in Summers Walk, Shallotte?
The median home in Summers Walk, Shallotte sold for $280,000 over the last 12 months (55 sales), down about 1.2% from $283,287 the prior 12 months. Your property's value depends on its size, condition, lot and street, and online estimates often disagree by a wide margin. Enter your address under "What's my home worth?" on the homepage to see what's for sale, under contract and sold around you, or call for a price built from the homes that actually compete with yours.
Are home prices in Summers Walk, Shallotte going down?
At the median, yes. Homes in Summers Walk, Shallotte sold for a median of $280,000 in the last 12 months, down about 1.2% from $283,287 the prior 12 months. More homes sold (55 vs 5), and the median time on the market went from 30 to 40 days. Prices move differently by neighborhood and price range, so check the band your home falls in below.
Where do these Summers Walk, Shallotte housing market numbers come from?
Hive MLS listing and sales records for homes only (land excluded), covering the last 12 months and updated November 1, 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 November 1, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000