Market insights

What really happens to homes listed in Cobblestone, Greenville

The numbers most home sites don't show: how many listings never sell, how long homes really take, and what they sell for against the first asking price.

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Buddy Blake Team · Coldwell Banker Sea Coast Advantage

Market insights: Cobblestone, Greenville

September 26, 2026
(910) 395‑1000 · buddyblake.ai

Cobblestone: 1 in 5 Listings Didn't Sell This Year

In Cobblestone, 72 homes sold over the last 12 months and 20 didn't sell, a 22% rate that's up sharply from 9% the year before. Homes that were priced right from the start sold in 33 days, while ones that needed price cuts took 49 days and still sold for less.

16 sold out of every 20 listed 4 didn't expired, withdrawn or canceled

Which pile do you want to be in?

Out of every 20 homes listed in Cobblestone, Greenville 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 The outlined ones expired, were withdrawn or were canceled.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 33 days. Needed price cuts: 49 days, and sold for 93.1% of the first price.

What waiting costs

A typical $218,888 home, per month
Mortgage (principal + interest)$1,169
Property taxes$103
Homeowners insurance$250
Upkeep$182
Utilities$250
About$1,950

About $1,950 every month the home sits.

Listings that didn't sell stayed on the market a median of 170 days — roughly $10,900 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); Pitt County rate 0.5663 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

14%

12 of about 84 before closing

Those homes that later sold

75%

17% never sold

Sold vs. first ask after a fall-through

91.3%

vs. 97.5% on the first contract

Days to sell after a fall-through

40

vs. 38 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 6%.

If you're selling

  • Price it right from day one. Homes priced correctly sold in 33 days. Ones needing cuts took 49 days and sold at 93.1% of asking instead of 97.5%.
  • Sitting on the market costs you. Listings that never sold sat a median of 170 days before ending.
  • 1 in 5 Cobblestone listings didn't sell at all this past year. That's up from 1 in 9 the year before.
  • If your contract falls apart, don't panic. 75% of those homes went on to sell later, though often at a lower 91.3% of asking versus 97.5% for a first contract.

If you're buying

  • 68% of Cobblestone homes sold below the first asking price. There's room to negotiate.
  • Typical time to sell is 39 days, but homes that were overpriced initially sat much longer.
  • Financing varies here. 36% of buyers paid cash, 53% used conventional loans, with the rest FHA or VA.

Did you know?

  • A typical Cobblestone home at $218,888 with a 7.03% mortgage rate runs about $1,950 a month estimated.
  • Sitting unsold an extra stretch can cost a seller an estimated $10,900 in carrying costs.
  • 14% of Cobblestone contracts fell apart this year, about 1 in 7. Most often that's inspection, appraisal or financing issues, based on general industry experience.

For sellers

Listings that didn't sell

22%

up 12.6 pts from a year ago

20 expired, withdrawn or canceled vs 72 sold

Sold vs. first asking price

97.3%

up 1.0 pts from a year ago

median sale price ÷ original list price

Sold below first asking

68%

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

39

down 188 days from a year ago

median for sold homes, counted from the first listing

Typical room below first ask

2.7%

how far under the original price homes sold

Didn't sell, then sold on a relist

0%

of listings that didn't sell the first time

Median sold price

$219K

down 17.1% from a year ago

72 homes sold

By starting price

First askingSoldDidn't sell% didn't sellTrue daysSold vs. first ask
Under $300K712022%3897.3%
$400–500K100%9188.9%

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

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