Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Tarboro
September 26, 2026
(910) 395‑1000 · buddyblake.ai
Tarboro: 1 in 4 Listings Didn't Sell Last Year
In Tarboro, homes that were priced right from the start sold in 18 days. Homes that needed price cuts sat 63 days and still typically closed at 90.6% of asking. Over the last 12 months, 1 in 4 listings didn't sell at all.
Which pile do you want to be in?
Out of every 20 homes listed in Tarboro 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 The outlined ones expired, were withdrawn or were canceled.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 18 days. Needed price cuts: 63 days, and sold for 90.6% of the first price.
What waiting costs
| Mortgage (principal + interest) | $1,148 |
| Property taxes | $159 |
| Homeowners insurance | $250 |
| Upkeep | $179 |
| Utilities | $250 |
| About | $1,990 |
About $1,990 every month the home sits.
Listings that didn't sell stayed on the market a median of 135 days — roughly $8,800 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); Edgecombe County rate 0.89 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
24%
36 of about 152 before closing
Those homes that later sold
61%
33% never sold
Sold vs. first ask after a fall-through
95.9%
vs. 94.8% on the first contract
Days to sell after a fall-through
81
vs. 41 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 42% · cash 22% · VA 10% · FHA 21%.
If you're selling
- Homes priced right from day one sold in 18 days, versus 63 days for ones that needed cuts.
- Listings that never sold sat a median 135 days and still needed a 5.0% price cut before giving up.
- 1 in 4 contracts fell apart after going under contract, most often inspection, appraisal or financing issues.
- If your contract falls apart, homes that later sold still got 95.9% of asking, so it's not the end of the road.
If you're buying
- Homes that didn't sell first time around typically had price cuts of 5.0%, so there's room to negotiate on longer-sitting listings.
- Typical time to sell in Tarboro is 47 days, so patience pays if a home has been sitting.
- 42% of buyers used conventional financing, 22% paid cash, 21% used FHA, and 10% used VA.
Did you know?
- The median sold price in Tarboro is $214,992.
- At today's 7.03% rate, carrying a typical Tarboro home runs about $1,990 a month.
- A home that sits unsold for the typical extra stretch costs an estimated $8,800 more in carrying costs.
Get the Tarboro report every month
The same numbers, updated monthly, straight to your inbox. No spam, one click to stop.
Thinking of selling in Tarboro? What it takes and what it costs →
For sellers
Listings that didn't sell
27%
up 4.4 pts from a year ago
41 expired, withdrawn or canceled vs 113 sold
Sold vs. first asking price
94.7%
up 1.3 pts from a year ago
median sale price ÷ original list price
Sold below first asking
73%
share of homes that sold
Price cut on homes that didn't sell
5.0%
median — and they still didn't sell
For buyers
True days on market
47
up 7 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
5.3%
how far under the original price homes sold
Didn't sell, then sold on a relist
15%
of listings that didn't sell the first time
Median sold price
$215K
up 13.2% from a year ago
113 homes sold
The last 24 months
33% latest month · Aug 26
84 latest month · Aug 26
93.5% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 95 | 30 | 24% | 44 | 95.0% |
| $300–400K | 12 | 3 | 20% | 87 | 91.7% |
| $400–500K | 2 | 2 | 50% | 45 | 97.3% |
| $500–750K | 3 | 5 | 63% | 159 | 78.7% |
| $750K–1M | 1 | 0 | 0% | 104 | 26.9% |
| $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