Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 28462 · Supply
November 1, 2026
(910) 395‑1000 · buddyblake.com
One in four listings in ZIP 28462 ended without a sale
In ZIP 28462, 27% of listings ended without a sale over the last 12 months, up from 23% the year before. Of 754 listings that ended, 552 sold, typically in 65 days at a median price of $307,000. Price and price range matter a lot here.
Summary written October 29, 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 28462 · Supply 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 22 days. Needed price cuts: 92 days, and sold for 91.6% of the first price.
What waiting costs
| Property taxes | $87 |
| Homeowners insurance | $250 |
| Upkeep | $256 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $843 + mortgage |
About $843 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 154 days — roughly $4,265 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
20%
136 of about 697 before closing
Those homes that later sold
63%
33% never sold
Sold vs. first ask after a fall-through
89.5%
vs. 95.7% on the first contract
Days to sell after a fall-through
149
vs. 50 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 40% · cash 33% · VA 7% · FHA 15%.
If you're selling
- Price it right from day one. Homes priced right sold in a typical 24 days.
- Listings that needed price cuts took a typical 92 days to sell, and sold at a typical 91.6% of asking.
- The $400–500K range struggles most here. 41% of those listings didn't sell.
- Contracts fall apart about 1 in 5 times. Most often that's inspection, appraisal or financing issues, so get those sorted before you list.
If you're buying
- You have room to negotiate. 82% of homes sold below their first asking price, and the typical sale was 94.9% of first ask.
- Some homes sit. Listings that never sold were on the market a typical 154 days before they came off.
- Buyers are paying different ways. 40% used conventional loans, 33% paid cash, 14% used FHA and 7% used VA.
Did you know?
- Estimated carrying cost for a typical $307,000 home is about $843 a month before mortgage.
- Of contracts that fell apart, 63% later sold and 34% never sold.
- Estimated carrying costs before mortgage while a home sits unsold add up to about $4,265.
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For sellers
Listings that didn't sell
27%
up 4.2 pts from a year ago
208 expired or canceled vs 561 sold
Sold vs. first asking price
94.9%
about the same as a year ago
median sale price ÷ original list price
Sold below first asking
82%
share of homes that sold
Price cut on homes that didn't sell
2.4%
median — and they still didn't sell
For buyers
True days on market
64
up 11 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
5.1%
how far under the original price homes sold
Didn't sell, then sold on a relist
25%
of listings that didn't sell the first time
Median sold price
$304K
down 3.1% from a year ago
561 homes sold
The last 24 months
34% latest month · Oct 26
73 latest month · Oct 26
91.6% latest month · Oct 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 242 | 63 | 21% | 47 | 95.5% |
| $300–400K | 103 | 24 | 19% | 104 | 94.8% |
| $400–500K | 38 | 26 | 41% | 49 | 96.3% |
| $500–750K | 58 | 29 | 33% | 100 | 93.2% |
| $750K–1M | 57 | 27 | 32% | 89 | 95.0% |
| $1M+ | 63 | 39 | 38% | 45 | 93.5% |
ZIP 28462 · Supply housing market: quick answers
How long do homes take to sell in ZIP 28462 · Supply?
Homes that sold in ZIP 28462 · Supply over the last 12 months took a median of 64 days, counted from the day they were first listed (relists included). That's up 11 days from a year ago.
What do homes in ZIP 28462 · Supply sell for compared to the asking price?
The median home in ZIP 28462 · Supply sold for 94.9% of its first asking price in the last 12 months, and 82% 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 28462 · Supply don't sell?
27% of homes listed in ZIP 28462 · Supply over the last 12 months expired or were canceled without selling — about 1 in 4 (208 didn't sell vs 561 sold). That's up 4.2 pts from a year ago. The homes that didn't sell had already cut their price a median 2.4%.
What is the median sold price in ZIP 28462 · Supply?
The median sold price in ZIP 28462 · Supply over the last 12 months was $304,190, across 561 homes sold. That's down 3.1% from a year ago.
What is my home worth in ZIP 28462 · Supply?
The median home in ZIP 28462 · Supply sold for $304,190 over the last 12 months (561 sales), down about 3.1% from $313,890 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 28462 · Supply going down?
At the median, yes. Homes in ZIP 28462 · Supply sold for a median of $304,190 in the last 12 months, down about 3.1% from $313,890 the prior 12 months. More homes sold (561 vs 514), and the median time on the market went from 53 to 64 days. Prices move differently by neighborhood and price range, so check the band your home falls in below.
Where do these ZIP 28462 · Supply 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