Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Spring Hope
September 26, 2026
(910) 395‑1000 · buddyblake.ai
In Spring Hope, 1 in 3 Listings Didn't Sell
Over the last 12 months in Spring Hope, 89 listings ended and 56 sold, but 33 didn't sell — that's 1 in 3, up from 17% the year before. Homes priced right from the start sold in a median of 29 days, while ones that needed price cuts took 112 days and still sold for 94.4% of asking. Typical time to sell was 74 days, and the median sold price was $357,400.
Which pile do you want to be in?
Out of every 20 homes listed in Spring Hope 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 The outlined ones expired, were withdrawn or were canceled.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 29 days. Needed price cuts: 112 days, and sold for 94.4% of the first price.
What waiting costs
| Mortgage (principal + interest) | $1,908 |
| Property taxes | $188 |
| Homeowners insurance | $250 |
| Upkeep | $298 |
| Utilities | $250 |
| About | $2,890 |
About $2,890 every month the home sits.
Listings that didn't sell stayed on the market a median of 104 days — roughly $9,900 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); Nash County rate 0.63 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
22%
16 of about 72 before closing
Those homes that later sold
56%
44% never sold
Sold vs. first ask after a fall-through
92.2%
vs. 98.3% on the first contract
Days to sell after a fall-through
127
vs. 47 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 52% · cash 20% · VA 5% · FHA 20%.
If you're selling
- Homes priced right from day one sold in a median of 29 days. Those that needed cuts took 112 days and closed at 94.4% of asking, so price it right the first time.
- The $300–400K range struggled most, with 44% not selling. Under $300K did best, with only 27% not selling.
- 33 listings didn't sell in the last 12 months, and listings that never sold sat a median of 104 days before coming off the market.
- 22% of contracts fell apart, most often inspection, appraisal or financing issues. Homes that later re-sold took a median of 127 days and closed at 92.2% of asking, versus 98.3% on a first contract in 47 days — so be ready before you accept an offer.
If you're buying
- 64% of homes in Spring Hope sold below the first asking price, and the typical sale was 97.6% of asking — there's room to negotiate.
- Homes that didn't sell sat a median of 104 days. If a listing has been up a while, that's a sign to talk price.
- Buyers are financing in a mix of ways: 52% conventional, 20% cash, 20% FHA, and 5% VA.
Did you know?
- The median sold price in Spring Hope over the last 12 months was $357,400.
- At a 7.03% rate, the estimated monthly carrying cost on a typical home here is about $2,890.
- A home that sits unsold costs an estimated $9,900 in carrying costs while it waits.
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Thinking of selling in Spring Hope? What it takes and what it costs →
For sellers
Listings that didn't sell
37%
up 20.2 pts from a year ago
33 expired, withdrawn or canceled vs 56 sold
Sold vs. first asking price
97.6%
about the same as a year ago
median sale price ÷ original list price
Sold below first asking
64%
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
74
down 9 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
2.4%
how far under the original price homes sold
Didn't sell, then sold on a relist
6%
of listings that didn't sell the first time
Median sold price
$357K
up 27.2% from a year ago
56 homes sold
The last 23 months
40% latest month · Aug 26
27 latest month · Aug 26
95.0% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 19 | 7 | 27% | 10 | 97.6% |
| $300–400K | 14 | 11 | 44% | 124 | 95.2% |
| $400–500K | 18 | 8 | 31% | 107 | 96.6% |
| $500–750K | 3 | 7 | 70% | 120 | 100.0% |
| $750K–1M | 2 | 0 | 0% | 18 | 99.4% |
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