Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 28467 · Calabash
October 19, 2026
(910) 395‑1000 · buddyblake.com
In Calabash, 28% of homes that listed didn't sell
In ZIP code 28467 (Calabash area) over the last 12 months, 1,144 homes ended their listings. 822 sold and 322 didn't sell, a rate of 28%, up from 22% the year before. The typical home that sold took 52 days and went for 95.8% of its first asking price, at a median sold price of $346,000.
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 28467 · Calabash 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 The outlined ones expired, were withdrawn or were canceled.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 14 days. Needed price cuts: 82 days, and sold for 92.3% of the first price.
What waiting costs
| Property taxes | $99 |
| Homeowners insurance | $250 |
| Upkeep | $288 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $883 + mortgage |
About $883 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 151 days — roughly $4,383 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%
202 of about 1,027 before closing
Those homes that later sold
65%
34% never sold
Sold vs. first ask after a fall-through
93.2%
vs. 96.2% on the first contract
Days to sell after a fall-through
97
vs. 44 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 49% · cash 38% · VA 7% · FHA 4%.
If you're selling
- Price it right from day one. The 336 homes priced right sold in a typical 14 days. The 486 that needed price cuts took a typical 83 days and sold at 92.4% of asking.
- Waiting costs money. On a typical $346,000 home, carrying costs before the mortgage are estimated at about $883 a month, or about $4,383 while the home sits unsold. Listings that never sold sat a median of 151 days, and their median price cut was only 2.5%.
- Know your price range. $750K–1M had the highest rate of listings that didn't sell, at 33%. $300–400K had the lowest at 23%, and that is still close to 1 in 4. 80% of homes sold below first asking price.
- Contracts fell apart on 20% of deals, about 1 in 5. The MLS doesn't record why. In general, it's most often inspection, appraisal or financing issues, so get ahead of them. After a fall-through, 64% later sold, but 35% never sold. Those that did sold at 93.2% of asking after a typical 97 days, versus 42 days for a first contract.
If you're buying
- You have room to negotiate. 80% of homes sold below their first asking price, and the typical sale came in at 95.8%.
- Homes that sit are the ones to watch. Those that needed price cuts took a typical 83 days and sold at 92.4% of asking. A home that has already had a contract fall apart sold at 93.2%.
- Cash is common but not the only way. 38% of buyers paid cash, 49% used conventional loans, 7% used VA and 4% used FHA.
Did you know?
- Did you know? In 28467, 1 in 5 contracts fell apart over the last 12 months.
- Did you know? Homes priced right from the start sold in a typical 14 days. Homes that needed cuts took a typical 83 days.
- Did you know? The typical home that sold in 28467 went for 95.8% of its first asking price.
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For sellers
Listings that didn't sell
28%
up 6.0 pts from a year ago
321 expired, withdrawn or canceled vs 824 sold
Sold vs. first asking price
95.8%
down 0.6 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
2.6%
median — and they still didn't sell
For buyers
True days on market
53
up 10 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
4.2%
how far under the original price homes sold
Didn't sell, then sold on a relist
17%
of listings that didn't sell the first time
Median sold price
$345K
up 0.4% from a year ago
824 homes sold
The last 24 months
31% latest month · Sep 26
84 latest month · Sep 26
94.8% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 242 | 118 | 33% | 42 | 94.9% |
| $300–400K | 276 | 81 | 23% | 54 | 95.8% |
| $400–500K | 168 | 53 | 24% | 46 | 96.2% |
| $500–750K | 112 | 54 | 33% | 98 | 96.1% |
| $750K–1M | 23 | 11 | 32% | 59 | 96.5% |
| $1M+ | 3 | 4 | 57% | 55 | 95.3% |
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