Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Ridgewood Farms, Winterville
September 26, 2026
(910) 395‑1000 · buddyblake.ai
Ridgewood Farms Homes Sell Fast, Most Right at Asking
In the Ridgewood Farms neighborhood in Winterville, 81 homes sold over the last 12 months and only 2 didn't sell. Typical time to sell was 94 days, at a median price of $316,990 and 98.9% of first asking price.
Which pile do you want to be in?
Out of every 20 homes listed in Ridgewood Farms, Winterville 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 The outlined ones expired, were withdrawn or were canceled.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 63 days. Needed price cuts: 168 days, and sold for 95.2% of the first price.
What waiting costs
| Mortgage (principal + interest) | $1,692 |
| Property taxes | $150 |
| Homeowners insurance | $250 |
| Upkeep | $264 |
| Utilities | $250 |
| About | $2,610 |
About $2,610 every month the home sits.
Listings that didn't sell stayed on the market a median of 1 days — roughly $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
12%
11 of about 92 before closing
Those homes that later sold
100%
0% never sold
Sold vs. first ask after a fall-through
97.0%
vs. 99.1% on the first contract
Days to sell after a fall-through
138
vs. 86 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 6% · VA 12% · FHA 41%.
If you're selling
- Homes priced right from day one sold in a median of 63 days, 67 of them.
- Homes that needed price cuts took a median of 168 days, only 14 of them, and still sold at 95.2%.
- Contracts fell apart 12% of the time, 1 in 8. Most often that's inspection, appraisal or financing issues.
- If a contract falls apart, homes that sell again took a median of 138 days, but still sold at 97.0% of asking.
If you're buying
- 72% of homes sold below the first asking price, so there is room to negotiate.
- Homes that didn't sell sat a median of just 1 days before coming off the market, so don't wait to make a move.
- Most buyers used financing: 41% FHA, 38% conventional, 12% VA, 6% cash.
Did you know?
- Only 2% of listings in Ridgewood Farms didn't sell, down from 3% the year before.
- On a home priced at $316,990 with a 7.03% mortgage rate, estimated monthly carrying cost is about $2,610.
- Sitting unsold costs an estimated $100 a day in carrying costs.
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For sellers
Listings that didn't sell
2%
down 0.3 pts from a year ago
2 expired, withdrawn or canceled vs 81 sold
Sold vs. first asking price
98.9%
up 0.7 pts from a year ago
median sale price ÷ original list price
Sold below first asking
72%
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
94
down 22 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
1.1%
how far under the original price homes sold
Didn't sell, then sold on a relist
0%
of listings that didn't sell the first time
Median sold price
$317K
down 1.7% from a year ago
81 homes sold
The last 24 months
0% latest month · Aug 26
64 latest month · Aug 26
98.9% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 35 | 1 | 3% | 54 | 98.9% |
| $300–400K | 46 | 1 | 2% | 101 | 98.8% |
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