Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 27376 · West End
September 26, 2026
(910) 395‑1000 · buddyblake.ai
In ZIP 27376, 1 in 4 homes listed didn't sell
In the last 12 months, 297 homes finished their time on the market in ZIP code 27376 (West End area): 230 sold and 67 did not — about 1 in 4. The ones that sold took a median of 58 days, counted from the first day listed, and closed at 96.5% of their first asking price.
Which pile do you want to be in?
Out of every 20 homes listed in ZIP 27376 · West End 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 The outlined ones expired, were withdrawn or were canceled.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 32 days. Needed price cuts: 96 days, and sold for 92.2% of the first price.
What waiting costs
| Mortgage (principal + interest) | $2,424 |
| Property taxes | $112 |
| Homeowners insurance | $250 |
| Upkeep | $378 |
| Utilities | $250 |
| About | $3,410 |
About $3,410 every month the home sits.
Listings that didn't sell stayed on the market a median of 176 days — roughly $19,800 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); Moore County rate 0.295 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
17%
48 of about 279 before closing
Those homes that later sold
69%
25% never sold
Sold vs. first ask after a fall-through
94.2%
vs. 96.7% on the first contract
Days to sell after a fall-through
132
vs. 51 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 48% · cash 22% · VA 21% · FHA 7%.
If you're selling
- Homes priced right from day one sold in a median of 32 days. Homes that needed price cuts took 96 days and sold for 92.2% of their first price.
- Price range matters: 30% of homes starting at $500–750K didn't sell, compared with 15% at $300–400K.
- Waiting costs money. A $454,000 home runs about $3,410 a month to hold — roughly $19,800 over the time a typical unsold listing sat.
- About 1 in 6 contracts fell apart before closing. Homes that went back on the market sold for 94.2% of first asking, versus 96.7% for homes that closed on the first contract.
If you're buying
- 77% of homes sold below their first asking price — the first price is often a starting point.
- Homes that sit usually sit for a reason. Listings that didn't sell stayed on the market a median of 176 days.
Did you know?
- 22% of buyers paid cash, and 21% used VA loans.
- A year earlier, 22% of listings didn't sell; now it's 23%.
- When a contract fell apart, 25% of those homes never sold at all.
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For sellers
Listings that didn't sell
23%
up 1.0 pts from a year ago
67 expired, withdrawn or canceled vs 230 sold
Sold vs. first asking price
96.5%
down 0.8 pts from a year ago
median sale price ÷ original list price
Sold below first asking
77%
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
58
up 16 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
3.5%
how far under the original price homes sold
Didn't sell, then sold on a relist
24%
of listings that didn't sell the first time
Median sold price
$454K
down 2.4% from a year ago
230 homes sold
The last 24 months
21% latest month · Aug 26
54 latest month · Aug 26
95.8% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 16 | 7 | 30% | 45 | 91.7% |
| $300–400K | 44 | 8 | 15% | 62 | 95.2% |
| $400–500K | 62 | 15 | 20% | 74 | 96.0% |
| $500–750K | 63 | 27 | 30% | 40 | 98.0% |
| $750K–1M | 27 | 5 | 16% | 69 | 99.8% |
| $1M+ | 18 | 5 | 22% | 44 | 91.8% |
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