Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 28449 · Kure Beach
October 19, 2026
(910) 395‑1000 · buddyblake.com
In Kure Beach's 28449, 1 in 2 homes didn't sell
In ZIP code 28449 (Kure Beach area), 168 homes ended in the last 12 months. 99 sold and 69 didn't, a 41% rate, up from 40% the year before. The typical home that sold took 64 days and went for 94.8% 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 ZIP 28449 · Kure Beach 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 The outlined ones expired, were withdrawn or were canceled.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: 81 days, and sold for 91.3% of the first price.
What waiting costs
| Property taxes | $191 |
| Homeowners insurance | $250 |
| Upkeep | $625 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $1,316 + mortgage |
About $1,316 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 178 days — roughly $7,699 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
15%
17 of about 115 before closing
Those homes that later sold
59%
41% never sold
Sold vs. first ask after a fall-through
90.6%
vs. 94.8% on the first contract
Days to sell after a fall-through
122
vs. 58 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 53% · cash 36% · VA 4% · FHA 2%.
If you're selling
- Price it right from day one. The 32 homes priced right sold in a median of 19 days. The 67 that needed cuts took 83 days and sold at 91.2% of asking.
- The $1M+ range struggles most here. 46% of those listings didn't sell. The $750K–1M range did best, with a 38% rate.
- Waiting costs money. On a $750,000 home, holding costs before any mortgage are estimated at about $1,316 a month. Over the time an unsold home sits, that's about $7,699.
- Contracts fall apart about 1 in 7 times here, 15%. Most often inspection, appraisal or financing issues, in general industry experience. Get the home ready and fix known problems before you list.
If you're buying
- There is room to negotiate. 85% of homes sold below their first asking price, and the median sold price was $750,000.
- Homes that sit are worth a look. Listings that never sold sat a median of 178 days, and their median price cut was 1.7%.
- You will compete with cash. 35% of buyers paid cash, 54% used conventional loans, 4% VA and 2% FHA.
Did you know?
- Of contracts that fell apart, 59% later sold and 41% never sold.
- A home that sold after a contract fell apart took a median of 122 days, against 59 days for a first contract.
- After a fall-through, homes sold at 90.6% of asking. First contracts sold at 94.8%.
Get the ZIP 28449 · Kure Beach report every month
The same numbers, updated monthly, straight to your inbox. No spam, one click to stop.
For sellers
Listings that didn't sell
41%
about the same as a year ago
68 expired, withdrawn or canceled vs 98 sold
Sold vs. first asking price
94.8%
about the same as a year ago
median sale price ÷ original list price
Sold below first asking
85%
share of homes that sold
Price cut on homes that didn't sell
1.6%
median — and they still didn't sell
For buyers
True days on market
63
down 6 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
5.2%
how far under the original price homes sold
Didn't sell, then sold on a relist
13%
of listings that didn't sell the first time
Median sold price
$750K
up 7.1% from a year ago
98 homes sold
The last 24 months
33% latest month · Sep 26
30 latest month · Sep 26
95.0% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| $300–400K | 9 | 6 | 40% | 50 | 98.7% |
| $400–500K | 13 | 6 | 32% | 64 | 95.3% |
| $500–750K | 23 | 17 | 43% | 46 | 94.8% |
| $750K–1M | 23 | 14 | 38% | 73 | 95.0% |
| $1M+ | 30 | 25 | 46% | 63 | 92.6% |
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