Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Edgecombe County
September 26, 2026
(910) 395‑1000 · buddyblake.ai
In Edgecombe County, 1 in 3 listings didn't sell
Over the last 12 months, 436 homes in Edgecombe County ended, and 289 of those sold. Homes priced right from the start sold in 15 days, while homes that needed price cuts sat 68 days before going under contract. The typical sold home went for 94.2% of its first asking price.
Which pile do you want to be in?
Out of every 20 homes listed in Edgecombe County 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 The outlined ones expired, were withdrawn or were canceled.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 15 days. Needed price cuts: 68 days, and sold for 87.6% of the first price.
What waiting costs
| Mortgage (principal + interest) | $977 |
| Property taxes | $136 |
| Homeowners insurance | $250 |
| Upkeep | $153 |
| Utilities | $250 |
| About | $1,770 |
About $1,770 every month the home sits.
Listings that didn't sell stayed on the market a median of 130 days — roughly $7,500 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); Edgecombe County rate 0.89 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
27%
111 of about 406 before closing
Those homes that later sold
55%
41% never sold
Sold vs. first ask after a fall-through
88.8%
vs. 94.8% on the first contract
Days to sell after a fall-through
102
vs. 35 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 32% · cash 26% · VA 11% · FHA 25%.
If you're selling
- Price it right from day one: homes priced correctly sold in 15 days, homes that needed cuts took 68 days
- Under $300K listings struggled most, with a 34% rate of not selling
- Sitting on the market costs money: an unsold home carries an estimated $7,500 in costs while it waits
- 1 in 4 contracts fell apart before closing; most often inspection, appraisal or financing issues cause this in general, so be ready with paperwork and repairs in order upfront
If you're buying
- The typical home sold for 94.2% of its first asking price, and 73% of homes sold below that first price, so there's room to negotiate
- Homes that needed a price cut sat for 68 days, so patience on a slower listing can pay off
- Buyers are financing in different ways: 32% conventional loans, 26% cash, 25% FHA, and 11% VA
Did you know?
- Listings that never sold in Edgecombe County sat for a median of 130 days before ending
- If a contract falls apart, homes that eventually sell later still bring 88.8% of asking price
- At a $183,000 example price with a 7.03% mortgage rate, estimated monthly carrying cost runs about $1,770
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For sellers
Listings that didn't sell
34%
up 6.1 pts from a year ago
147 expired, withdrawn or canceled vs 289 sold
Sold vs. first asking price
94.2%
up 0.6 pts from a year ago
median sale price ÷ original list price
Sold below first asking
73%
share of homes that sold
Price cut on homes that didn't sell
2.7%
median — and they still didn't sell
For buyers
True days on market
46
up 6 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
5.8%
how far under the original price homes sold
Didn't sell, then sold on a relist
16%
of listings that didn't sell the first time
Median sold price
$183K
up 11.2% from a year ago
289 homes sold
The last 24 months
39% latest month · Aug 26
64 latest month · Aug 26
93.7% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 251 | 129 | 34% | 43 | 94.1% |
| $300–400K | 26 | 8 | 24% | 53 | 96.2% |
| $400–500K | 6 | 3 | 33% | 36 | 97.8% |
| $500–750K | 4 | 6 | 60% | 165 | 76.9% |
| $750K–1M | 2 | 0 | 0% | 107 | 51.8% |
| $1M+ | 0 | 1 | 100% | — | — |
By town
| Town | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Tarboro | 113 | 41 | 27% | 47 | 94.7% |
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