Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Pitt County
September 26, 2026
(910) 395‑1000 · buddyblake.ai
Pitt County: 1 in 6 Listings Didn't Sell This Year
Over the last 12 months, 2,659 listings ended in Pitt County, and 2,215 of them sold. Homes priced right from the start sold in 17 days, but those that needed price cuts sat 68 days and still closed lower. The typical home sold in 34 days at 98.2% of asking price, with a median price of $283,000.
Which pile do you want to be in?
Out of every 20 homes listed in Pitt 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 The outlined ones expired, were withdrawn or were canceled.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 17 days. Needed price cuts: 68 days, and sold for 92.8% of the first price.
What waiting costs
| Mortgage (principal + interest) | $1,511 |
| Property taxes | $134 |
| Homeowners insurance | $250 |
| Upkeep | $236 |
| Utilities | $250 |
| About | $2,380 |
About $2,380 every month the home sits.
Listings that didn't sell stayed on the market a median of 115 days — roughly $9,000 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); 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
16%
437 of about 2,676 before closing
Those homes that later sold
68%
26% never sold
Sold vs. first ask after a fall-through
95.5%
vs. 98.7% on the first contract
Days to sell after a fall-through
95
vs. 28 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 49% · cash 23% · VA 8% · FHA 16%.
If you're selling
- Price it right from day one: homes priced correctly sold in 17 days, versus 68 days for those needing cuts.
- The $1M+ range struggled most, with a 43% rate of not selling. The $300-400K range did best, at 14%.
- Waiting costs money. Listings that never sold sat a median 115 days and still needed a 1.6% price cut.
- 1 in 6 contracts fell apart before closing, most often from inspection, appraisal or financing issues. Homes that later sold after a fall-through took 95 days and closed at 95.5% of asking, versus 98.7% for homes that sold on the first contract.
If you're buying
- 17% of listings in Pitt County didn't sell at all, and 62% of homes that did sold below the first asking price, so there's room to negotiate.
- Homes that sat needing price cuts took 68 days to sell versus 17 days for the ones priced right. Watch for listings sitting longer.
- Financing varies. 49% of buyers used conventional loans, 23% paid cash, 16% used FHA, and 8% used VA.
Did you know?
- In Pitt County, contracts fell apart on 1 in 6 deals in the last 12 months.
- The estimated monthly carrying cost on a $283,000 home is about $2,380, based on a 7.03% mortgage rate.
- A home that sits unsold for a while costs an estimated $9,000 in carrying costs while waiting.
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For sellers
Listings that didn't sell
17%
up 3.9 pts from a year ago
444 expired, withdrawn or canceled vs 2,215 sold
Sold vs. first asking price
98.2%
down 0.4 pts from a year ago
median sale price ÷ original list price
Sold below first asking
62%
share of homes that sold
Price cut on homes that didn't sell
1.6%
median — and they still didn't sell
For buyers
True days on market
34
up 4 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
1.8%
how far under the original price homes sold
Didn't sell, then sold on a relist
21%
of listings that didn't sell the first time
Median sold price
$283K
up 3.2% from a year ago
2,215 homes sold
The last 24 months
19% latest month · Aug 26
36 latest month · Aug 26
98.6% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 1,177 | 259 | 18% | 28 | 97.9% |
| $300–400K | 593 | 94 | 14% | 48 | 98.7% |
| $400–500K | 234 | 41 | 15% | 47 | 98.8% |
| $500–750K | 171 | 33 | 16% | 32 | 99.2% |
| $750K–1M | 23 | 4 | 15% | 41 | 98.4% |
| $1M+ | 17 | 13 | 43% | 89 | 93.6% |
By town
| Town | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Greenville | 1,118 | 239 | 18% | 31 | 97.7% |
| Winterville | 556 | 62 | 10% | 29 | 98.8% |
| Ayden | 179 | 39 | 18% | 45 | 98.5% |
| Grimesland | 152 | 21 | 12% | 64 | 98.9% |
| Farmville | 84 | 43 | 34% | 67 | 96.8% |
| Grifton | 94 | 18 | 16% | 40 | 98.7% |
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