Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Newport
September 26, 2026
(910) 395‑1000 · buddyblake.ai
In Newport, 1 in 4 Listings Didn't Sell This Year
Over the last 12 months in Newport, 351 homes ended and 269 sold, but 82 didn't sell, a 23% rate, up from 17% the year before. Homes priced right from the start sold in a median of 14 days, while ones that needed price cuts took 80 days and still sold at 92.3% of asking.
Which pile do you want to be in?
Out of every 20 homes listed in Newport 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 The outlined ones expired, were withdrawn or were canceled.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 14 days. Needed price cuts: 80 days, and sold for 92.3% of the first price.
What waiting costs
| Mortgage (principal + interest) | $2,029 |
| Property taxes | $71 |
| Homeowners insurance | $250 |
| Upkeep | $317 |
| Utilities | $250 |
| About | $2,920 |
About $2,920 every month the home sits.
Listings that didn't sell stayed on the market a median of 159 days — roughly $15,200 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); Carteret County rate 0.225 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%
60 of about 330 before closing
Those homes that later sold
60%
33% never sold
Sold vs. first ask after a fall-through
93.4%
vs. 97.8% on the first contract
Days to sell after a fall-through
110
vs. 29 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 38% · cash 26% · VA 21% · FHA 10%.
If you're selling
- Price it right from day one: 14 days to sell versus 80 days for homes that needed a price cut
- The $1M+ range struggled most, with a 43% didn't-sell rate, while Under $300K homes did best at 10%
- Waiting has a cost: listings that never sold sat a median of 159 days and still cut price 2.8%
- 18% of contracts fell apart, about 1 in 5 — most often inspection, appraisal or financing issues, so be ready with paperwork and a realistic price
If you're buying
- Typical home sold at 97.4% of first asking price, and 65% sold below that first ask, so there's room to negotiate
- Homes that sat needed price cuts and took 80 days to sell, a sign to watch for stale listings
- Buyers paid with a mix: 38% conventional, 26% cash, 21% VA, and 10% FHA
Did you know?
- If a contract fell apart, 60% of those homes later sold anyway, typically at 93.4% of asking
- Estimated monthly carrying cost on a $380,000 home in Newport is about $2,920, based on a 7.03% mortgage rate
- Homes that sat unsold carried an estimated $15,200 in costs while waiting
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Thinking of selling in Newport? What it takes and what it costs →
For sellers
Listings that didn't sell
23%
up 6.1 pts from a year ago
82 expired, withdrawn or canceled vs 269 sold
Sold vs. first asking price
97.4%
down 0.8 pts from a year ago
median sale price ÷ original list price
Sold below first asking
65%
share of homes that sold
Price cut on homes that didn't sell
2.8%
median — and they still didn't sell
For buyers
True days on market
36
up 6 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
2.6%
how far under the original price homes sold
Didn't sell, then sold on a relist
29%
of listings that didn't sell the first time
Median sold price
$380K
up 2.7% from a year ago
269 homes sold
The last 24 months
33% latest month · Aug 26
57 latest month · Aug 26
98.3% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 69 | 8 | 10% | 49 | 97.4% |
| $300–400K | 76 | 19 | 20% | 26 | 98.7% |
| $400–500K | 41 | 14 | 26% | 42 | 96.2% |
| $500–750K | 47 | 16 | 25% | 21 | 98.1% |
| $750K–1M | 20 | 13 | 39% | 70 | 95.7% |
| $1M+ | 16 | 12 | 43% | 66 | 95.5% |
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