Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 28461 · Southport
November 1, 2026
(910) 395‑1000 · buddyblake.com
1 in 4 listings in 28461 didn't sell in the last year
In ZIP 28461, 286 of the 1,213 listings that ended over the last 12 months didn't sell. Homes that did sell typically took 55 days, and 81% of them went for less than the first asking price.
Summary written November 1, 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 28461 · Southport 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 15 days. Needed price cuts: 96 days, and sold for 92.2% of the first price.
What waiting costs
| Property taxes | $144 |
| Homeowners insurance | $250 |
| Upkeep | $420 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $1,063 + mortgage |
About $1,063 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 155 days — roughly $5,413 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
18%
207 of about 1,131 before closing
Those homes that later sold
68%
30% never sold
Sold vs. first ask after a fall-through
91.6%
vs. 96.0% on the first contract
Days to sell after a fall-through
146
vs. 45 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 36% · VA 5% · FHA 5%.
If you're selling
- Price it right on day one. Homes priced right from the start typically sold in 16 days.
- Waiting costs money. Homes that needed price cuts typically took 96 days to sell, and listings that never sold typically sat 155 days.
- The $400–500K range had the highest didn't-sell rate at 28%. Know where your home sits before you list.
- About 1 in 5 contracts here fell apart. Most often that's inspection, appraisal or financing trouble, based on general industry experience. Get ready for those questions before you go under contract.
If you're buying
- There's room to negotiate. Homes that sold typically went for 95.5% of the first asking price.
- Some homes sit. Listings that never sold typically sat 155 days before they came off the market.
- Here's how buyers are paying: 49% conventional, 36% cash, 6% FHA and 4% VA.
Did you know?
- Estimated carrying costs for a typical home run about $1,063 a month before mortgage.
- The typical sold price in ZIP 28461 was a median of $503,929.
- The didn't-sell rate was 25% the year before. It came in at 24% this past year.
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For sellers
Listings that didn't sell
24%
down 2.2 pts from a year ago
288 expired or canceled vs 924 sold
Sold vs. first asking price
95.5%
down 0.4 pts from a year ago
median sale price ÷ original list price
Sold below first asking
81%
share of homes that sold
Price cut on homes that didn't sell
2.9%
median — and they still didn't sell
For buyers
True days on market
55
up 9 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
4.5%
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
$509K
up 11.8% from a year ago
924 homes sold
The last 24 months
26% latest month · Oct 26
58 latest month · Oct 26
95.3% latest month · Oct 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 136 | 43 | 24% | 41 | 97.0% |
| $300–400K | 184 | 67 | 27% | 62 | 95.6% |
| $400–500K | 103 | 38 | 27% | 51 | 95.3% |
| $500–750K | 234 | 51 | 18% | 45 | 96.4% |
| $750K–1M | 104 | 33 | 24% | 67 | 94.9% |
| $1M+ | 163 | 56 | 26% | 63 | 92.9% |
ZIP 28461 · Southport housing market: quick answers
How long do homes take to sell in ZIP 28461 · Southport?
Homes that sold in ZIP 28461 · Southport over the last 12 months took a median of 55 days, counted from the day they were first listed (relists included). That's up 9 days from a year ago.
What do homes in ZIP 28461 · Southport sell for compared to the asking price?
The median home in ZIP 28461 · Southport sold for 95.5% of its first asking price in the last 12 months, and 81% of the homes that sold went for less than the original price. That's down 0.4 pts from a year ago.
What percentage of homes listed in ZIP 28461 · Southport don't sell?
24% of homes listed in ZIP 28461 · Southport over the last 12 months expired or were canceled without selling — about 1 in 4 (288 didn't sell vs 924 sold). That's down 2.2 pts from a year ago. The homes that didn't sell had already cut their price a median 2.9%.
What is the median sold price in ZIP 28461 · Southport?
The median sold price in ZIP 28461 · Southport over the last 12 months was $508,750, across 924 homes sold. That's up 11.8% from a year ago.
What is my home worth in ZIP 28461 · Southport?
The median home in ZIP 28461 · Southport sold for $508,750 over the last 12 months (924 sales), up about 11.8% from $455,000 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 28461 · Southport going down?
No — not at the median. Homes in ZIP 28461 · Southport sold for a median of $508,750 in the last 12 months, up about 11.8% from $455,000 the prior 12 months. More homes sold (924 vs 793), and the median time on the market went from 46 to 55 days. Prices move differently by neighborhood and price range, so check the band your home falls in below.
Where do these ZIP 28461 · Southport 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