Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Benson
September 26, 2026
(910) 395‑1000 · buddyblake.ai
In Benson, Almost Half of Listings Didn't Sell
Over the last 12 months in Benson, 1 in 2 homes that hit the market ended up not selling. The ones that did sell took a typical 56 days and closed at 97.5% of the first asking price. Homes priced right from the start sold in 36 days, while those that needed price cuts took 93 days and still only brought 93.6% of asking.
Which pile do you want to be in?
Out of every 20 homes listed in Benson 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 The outlined ones expired, were withdrawn or were canceled.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 36 days. Needed price cuts: 93 days, and sold for 93.6% of the first price.
What waiting costs
| Mortgage (principal + interest) | $1,724 |
| Property taxes | $140 |
| Homeowners insurance | $250 |
| Upkeep | $269 |
| Utilities | $250 |
| About | $2,630 |
About $2,630 every month the home sits.
Listings that didn't sell stayed on the market a median of 156 days — roughly $13,500 in holding costs, and the home still didn't sell.
An example, not a quote: 20% down, 30-year fixed at 7.03% (Freddie Mac average, 2026-09-24); Johnston County rate 0.52 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. If your home is paid off, the mortgage line drops out — the rest still adds up.
When contracts fall apart
Contracts that fell apart
18%
7 of about 39 before closing
Those homes that later sold
86%
14% never sold
Sold vs. first ask after a fall-through
92.4%
vs. 99.0% on the first contract
Days to sell after a fall-through
245
vs. 47 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 3% · VA 25% · FHA 19%.
If you're selling
- Price it right on day one. Homes that started at the right price sold in 36 days.
- Homes that needed a price cut took 93 days to sell and closed at 93.6% of asking, not the full price.
- 1 in 2 listings in Benson didn't sell in the last 12 months. That's up from 19% the year before.
- 1 in 6 contracts fell apart before closing. Most often inspection, appraisal or financing issues cause that industry-wide. Homes that went back on the market after a fall-through took 245 days to sell versus 47 days on the first try.
If you're buying
- Nearly half of listings in Benson didn't sell. That gives buyers room to negotiate on price and terms.
- Homes that sat needing a price cut still took 93 days to sell. Patience can pay off.
- 53% of buyers used conventional financing, 25% used VA loans, and 19% used FHA. Only 3% paid cash.
Did you know?
- Homes that never sold in Benson sat on the market a typical 156 days before the listing ended.
- The typical sold home in Benson closed at $322,940.
- At a 7.03% mortgage rate, the estimated monthly carrying cost on a $322,940 home is about $2,630, and a home that sits unsold for the typical stretch can rack up about $13,500 in carrying costs.
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Thinking of selling in Benson? What it takes and what it costs →
For sellers
Listings that didn't sell
47%
up 27.3 pts from a year ago
28 expired, withdrawn or canceled vs 32 sold
Sold vs. first asking price
97.5%
down 2.0 pts from a year ago
median sale price ÷ original list price
Sold below first asking
72%
share of homes that sold
Price cut on homes that didn't sell
0.0%
median — and they still didn't sell
For buyers
True days on market
56
up 11 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
2.5%
how far under the original price homes sold
Didn't sell, then sold on a relist
7%
of listings that didn't sell the first time
Median sold price
$323K
down 5.8% from a year ago
32 homes sold
The last 23 months
25% latest month · Aug 26
42 latest month · Aug 26
99.8% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 11 | 2 | 15% | 59 | 99.0% |
| $300–400K | 15 | 1 | 6% | 40 | 99.0% |
| $400–500K | 6 | 13 | 68% | 90 | 93.8% |
| $500–750K | 0 | 11 | 100% | — | — |
| $1M+ | 0 | 1 | 100% | — | — |
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 September 26, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000