Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Dudley
September 26, 2026
(910) 395‑1000 · buddyblake.ai
Dudley: 1 in 4 Listings Didn't Sell This Year
In Dudley, 48 homes sold and 15 didn't over the last 12 months. That's a didNotSellRate of 24%, up from 13% the year before. Homes priced right from day one sold in 47 days, while ones that needed cuts took 44 days and still sold for only 89.3% of asking.
Which pile do you want to be in?
Out of every 20 homes listed in Dudley 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 The outlined ones expired, were withdrawn or were canceled.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 47 days. Needed price cuts: 44 days, and sold for 89.3% of the first price.
What waiting costs
| Mortgage (principal + interest) | $1,255 |
| Property taxes | $123 |
| Homeowners insurance | $250 |
| Upkeep | $196 |
| Utilities | $250 |
| About | $2,070 |
About $2,070 every month the home sits.
Listings that didn't sell stayed on the market a median of 103 days — roughly $7,000 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); Wayne County rate 0.6259 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
16%
9 of about 57 before closing
Those homes that later sold
89%
11% never sold
Sold vs. first ask after a fall-through
89.7%
vs. 100.0% on the first contract
Days to sell after a fall-through
97
vs. 33 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 27% · cash 10% · VA 35% · FHA 23%.
If you're selling
- Price it right from day one. Homes priced correctly sold in 47 days. Homes that needed price cuts sold at 89.3% of asking instead.
- Listings that never sold sat a median of 103 days before the seller pulled the plug.
- 16% of contracts fell apart, about 1 in 6. Most often that's inspection, appraisal or financing issues.
- If a contract falls apart, most homes still sell later, 89% do, but it can take about 97 days versus 33 days for a first contract.
If you're buying
- 56% of homes in Dudley sold below the first asking price, so there's room to negotiate.
- Typical sold price is $235,000, and typical time to sell is 47 days.
- Financing mix: 35% VA, 27% conventional, 23% FHA, 10% cash. Plenty of company if you're financing.
Did you know?
- At $235,000 with a 7.03% rate, the estimated monthly carrying cost for a typical Dudley home is about $2,070.
- Homes that sat unsold cost an estimated $7,000 in carrying costs while waiting.
- Homes with a first contract that held sold at 100.0% of asking, well above the 89.7% seen after a fell-through contract.
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Thinking of selling in Dudley? What it takes and what it costs →
For sellers
Listings that didn't sell
24%
up 10.4 pts from a year ago
15 expired, withdrawn or canceled vs 48 sold
Sold vs. first asking price
98.3%
up 1.0 pts from a year ago
median sale price ÷ original list price
Sold below first asking
56%
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
47
up 23 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
1.7%
how far under the original price homes sold
Didn't sell, then sold on a relist
13%
of listings that didn't sell the first time
Median sold price
$235K
up 7.6% from a year ago
48 homes sold
The last 24 months
40% latest month · Aug 26
38 latest month · Aug 26
97.3% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 39 | 13 | 25% | 34 | 98.3% |
| $300–400K | 8 | 2 | 20% | 92 | 98.2% |
| $500–750K | 1 | 0 | 0% | 658 | 83.6% |
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