Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Farmville
September 26, 2026
(910) 395‑1000 · buddyblake.ai
Farmville: 1 in 3 Listings Didn't Sell Last Year
In Farmville, 84 homes sold and 43 didn't over the last 12 months. That didn't-sell rate sits at 34%, up from 26% the year before. Homes priced right from day one sold in 30 days. Homes that needed price cuts took 99 days and still only brought 88.9% of asking.
Which pile do you want to be in?
Out of every 20 homes listed in Farmville 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 The outlined ones expired, were withdrawn or were canceled.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 30 days. Needed price cuts: 99 days, and sold for 88.9% of the first price.
What waiting costs
| Mortgage (principal + interest) | $1,540 |
| Property taxes | $136 |
| Homeowners insurance | $250 |
| Upkeep | $240 |
| Utilities | $250 |
| About | $2,420 |
About $2,420 every month the home sits.
Listings that didn't sell stayed on the market a median of 114 days — roughly $9,100 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
25%
29 of about 114 before closing
Those homes that later sold
59%
38% never sold
Sold vs. first ask after a fall-through
95.8%
vs. 98.0% on the first contract
Days to sell after a fall-through
111
vs. 49 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 41% · cash 18% · VA 13% · FHA 24%.
If you're selling
- Price it right from day one. Listings priced correctly sold in 30 days. Ones that needed cuts took 99 days and closed at 88.9% of asking instead of 96.8%.
- Under $300K is the toughest range right now, with a 35% didn't-sell rate. $300-400K is doing better, at 28%.
- 1 in 4 contracts fell apart before closing. Most often it's inspection, appraisal or financing issues. Listings that fell through and later sold took 111 days total and closed around 95.8% of asking, versus 49 days and 98.0% for a first contract that holds.
- Homes that never sold typically sat 114 days before coming off market, and still needed a 2.9% price cut along the way.
If you're buying
- With a 34% didn't-sell rate, there's room to negotiate, especially under $300K where 35% of listings don't make it to closing.
- Homes that sit past 30 days often mean sellers are more open to offers. The typical time to sell is 67 days.
- Financing splits are spread out: 41% conventional, 24% FHA, 18% cash, 13% VA. You've got company whichever way you're financing.
Did you know?
- The median sold price in Farmville over the last 12 months was $288,500.
- At a 7.03% rate, carrying a $288,500 home runs about $2,420 a month, or an estimated $9,100 while it sits unsold.
- 69% of homes that sold in Farmville went for less than the original asking price.
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Thinking of selling in Farmville? What it takes and what it costs →
For sellers
Listings that didn't sell
34%
up 8.1 pts from a year ago
43 expired, withdrawn or canceled vs 84 sold
Sold vs. first asking price
96.8%
down 1.3 pts from a year ago
median sale price ÷ original list price
Sold below first asking
69%
share of homes that sold
Price cut on homes that didn't sell
2.9%
median — and they still didn't sell
For buyers
True days on market
67
up 38 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
3.2%
how far under the original price homes sold
Didn't sell, then sold on a relist
12%
of listings that didn't sell the first time
Median sold price
$289K
up 16.1% from a year ago
84 homes sold
The last 24 months
22% latest month · Aug 26
51 latest month · Aug 26
98.7% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 42 | 23 | 35% | 52 | 92.3% |
| $300–400K | 33 | 13 | 28% | 127 | 98.7% |
| $400–500K | 8 | 4 | 33% | 49 | 98.8% |
| $500–750K | 1 | 2 | 67% | 42 | 94.4% |
| $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