Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 28429 · Castle Hayne
November 1, 2026
(910) 395‑1000 · buddyblake.com
1 in 7 homes that ended in 28429 didn't sell
Of 333 homes that ended in ZIP 28429 over the last 12 months, 282 sold and 51 didn't. That's 15%, down from 19% the year before. Typical time to sell was 29 days, and the median sold price was $401,490.
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 ZIP 28429 · Castle Hayne 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 14 days. Needed price cuts: 75 days, and sold for 93.0% of the first price.
What waiting costs
| Property taxes | $102 |
| Homeowners insurance | $250 |
| Upkeep | $335 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $941 + mortgage |
About $941 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 140 days — roughly $4,329 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.
An example, not a quote: New Hanover County rate 0.306 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
18%
62 of about 346 before closing
Those homes that later sold
82%
16% never sold
Sold vs. first ask after a fall-through
97.0%
vs. 98.7% on the first contract
Days to sell after a fall-through
63
vs. 25 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 42% · cash 15% · VA 9% · FHA 30%.
If you're selling
- Price it right from day one. Homes priced right at the start sold in a median 15 days, and 178 of them did.
- Waiting costs you. Listings that needed price cuts took a median 76 days to sell, and 104 of them needed cuts.
- Listings that never sold had a median price cut of 2.0% and sat a median 140 days.
- The $500–750K range had the highest rate, 26%. Contracts fell apart 17% of the time, about 1 in 6. From general industry experience, that's most often inspection, appraisal or financing issues, so get those sorted before you list.
If you're buying
- There's room to negotiate. 62% of homes sold below their first ask, and the median sold price was 98.4% of first ask.
- Homes that sit are worth a look. Listings that never sold sat a median 140 days, so a long-listed home may have room to move.
- Here's how buyers are paying: 42% conventional, 29% FHA, 16% cash and 9% VA.
Did you know?
- On a $401,490 home, the estimated carrying cost is about $941 a month before mortgage.
- While a home sits unsold, the estimated carrying cost is about $4,329 before mortgage.
- Contracts that fell apart and later sold did so at 97.2%, a median 59 days after the fall-through.
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For sellers
Listings that didn't sell
16%
down 3.1 pts from a year ago
52 expired or canceled vs 284 sold
Sold vs. first asking price
98.4%
about the same as a year ago
median sale price ÷ original list price
Sold below first asking
62%
share of homes that sold
Price cut on homes that didn't sell
2.0%
median — and they still didn't sell
For buyers
True days on market
29
down 4 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
1.6%
how far under the original price homes sold
Didn't sell, then sold on a relist
19%
of listings that didn't sell the first time
Median sold price
$400K
about the same as a year ago
284 homes sold
The last 24 months
22% latest month · Oct 26
49 latest month · Oct 26
96.2% latest month · Oct 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 39 | 5 | 11% | 30 | 96.6% |
| $300–400K | 87 | 8 | 8% | 28 | 98.7% |
| $400–500K | 107 | 13 | 11% | 20 | 99.6% |
| $500–750K | 30 | 11 | 27% | 103 | 95.0% |
| $750K–1M | 11 | 12 | 52% | 88 | 98.8% |
| $1M+ | 10 | 3 | 23% | 63 | 98.1% |
ZIP 28429 · Castle Hayne housing market: quick answers
How long do homes take to sell in ZIP 28429 · Castle Hayne?
Homes that sold in ZIP 28429 · Castle Hayne over the last 12 months took a median of 29 days, counted from the day they were first listed (relists included). That's down 4 days from a year ago.
What do homes in ZIP 28429 · Castle Hayne sell for compared to the asking price?
The median home in ZIP 28429 · Castle Hayne sold for 98.4% of its first asking price in the last 12 months, and 62% 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 ZIP 28429 · Castle Hayne don't sell?
16% of homes listed in ZIP 28429 · Castle Hayne over the last 12 months expired or were canceled without selling — about 1 in 6 (52 didn't sell vs 284 sold). That's down 3.1 pts from a year ago. The homes that didn't sell had already cut their price a median 2.0%.
What is the median sold price in ZIP 28429 · Castle Hayne?
The median sold price in ZIP 28429 · Castle Hayne over the last 12 months was $400,000, across 284 homes sold. That's about the same as a year ago.
What is my home worth in ZIP 28429 · Castle Hayne?
The median home in ZIP 28429 · Castle Hayne sold for $400,000 over the last 12 months (284 sales), about the same as 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 ZIP 28429 · Castle Hayne going down?
Not meaningfully. Homes in ZIP 28429 · Castle Hayne sold for a median of $400,000 in the last 12 months, about the same as the prior 12 months. More homes sold (284 vs 250), and the median time on the market went from 33 to 29 days. Prices move differently by neighborhood and price range, so check the band your home falls in below.
Where do these ZIP 28429 · Castle Hayne 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