Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 27527 · Clayton
September 26, 2026
(910) 395‑1000 · buddyblake.ai
In ZIP 27527, 1 in 4 homes listed didn't sell
In the last 12 months, 100 homes finished their time on the market in ZIP code 27527 (Clayton area): 73 sold and 27 did not — about 1 in 4. The ones that sold took a median of 35 days, counted from the first day listed, and closed at 97.0% of their first asking price.
Which pile do you want to be in?
Out of every 20 homes listed in ZIP 27527 · Clayton 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 The outlined ones expired, were withdrawn or were canceled.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 20 days. Needed price cuts: 82 days, and sold for 94.2% of the first price.
What waiting costs
| Mortgage (principal + interest) | $2,159 |
| Property taxes | $175 |
| Homeowners insurance | $250 |
| Upkeep | $337 |
| Utilities | $250 |
| About | $3,170 |
About $3,170 every month the home sits.
Listings that didn't sell stayed on the market a median of 129 days — roughly $13,500 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); Johnston County rate 0.52 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
8%
6 of about 79 before closing
Those homes that later sold
67%
33% never sold
Sold vs. first ask after a fall-through
95.1%
vs. 97.1% on the first contract
Days to sell after a fall-through
109
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 60% · cash 18% · VA 14% · FHA 7%.
If you're selling
- Homes priced right from day one sold in a median of 20 days. Homes that needed price cuts took 82 days and sold for 94.2% of their first price.
- Waiting costs money. A $404,500 home runs about $3,170 a month to hold — roughly $13,500 over the time a typical unsold listing sat.
- About 1 in 13 contracts fell apart before closing. Homes that went back on the market sold for 95.1% of first asking, versus 97.1% for homes that closed on the first contract.
If you're buying
- 82% 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 129 days.
Did you know?
- 18% of buyers paid cash, and 14% used VA loans.
- A year earlier, 21% of listings didn't sell; now it's 27%.
- When a contract fell apart, 33% of those homes never sold at all.
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For sellers
Listings that didn't sell
27%
up 6.5 pts from a year ago
27 expired, withdrawn or canceled vs 73 sold
Sold vs. first asking price
97.0%
down 1.8 pts from a year ago
median sale price ÷ original list price
Sold below first asking
82%
share of homes that sold
Price cut on homes that didn't sell
2.8%
median — and they still didn't sell
For buyers
True days on market
35
up 12 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
3.0%
how far under the original price homes sold
Didn't sell, then sold on a relist
19%
of listings that didn't sell the first time
Median sold price
$405K
down 7.0% from a year ago
73 homes sold
The last 24 months
36% latest month · Aug 26
25 latest month · Aug 26
97.0% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 7 | 3 | 30% | 26 | 93.5% |
| $300–400K | 26 | 10 | 28% | 33 | 96.2% |
| $400–500K | 20 | 8 | 29% | 46 | 98.4% |
| $500–750K | 16 | 4 | 20% | 40 | 95.4% |
| $750K–1M | 2 | 2 | 50% | 35 | 96.8% |
| $1M+ | 2 | 0 | 0% | 91 | 92.5% |
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