Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 27817 · Chocowinity
September 26, 2026
(910) 395‑1000 · buddyblake.ai
In ZIP 27817, 1 in 4 homes listed didn't sell
In the last 12 months, 106 homes finished their time on the market in ZIP code 27817 (Chocowinity area): 77 sold and 29 did not — about 1 in 4. The ones that sold took a median of 32 days, counted from the first day listed, and closed at 95.5% of their first asking price.
Which pile do you want to be in?
Out of every 20 homes listed in ZIP 27817 · Chocowinity 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 The outlined ones expired, were withdrawn or were canceled.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 13 days. Needed price cuts: 50 days, and sold for 93.4% of the first price.
What waiting costs
| Mortgage (principal + interest) | $2,232 |
| Property taxes | $155 |
| Homeowners insurance | $250 |
| Upkeep | $348 |
| Utilities | $250 |
| About | $3,230 |
About $3,230 every month the home sits.
Listings that didn't sell stayed on the market a median of 179 days — roughly $19,000 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); Beaufort County rate 0.445 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
23%
23 of about 101 before closing
Those homes that later sold
70%
30% never sold
Sold vs. first ask after a fall-through
92.4%
vs. 95.8% on the first contract
Days to sell after a fall-through
132
vs. 29 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 36% · cash 41% · VA 5% · FHA 15%.
If you're selling
- Homes priced right from day one sold in a median of 13 days. Homes that needed price cuts took 50 days and sold for 93.4% of their first price.
- Waiting costs money. A $418,000 home runs about $3,230 a month to hold — roughly $19,000 over the time a typical unsold listing sat.
- About 1 in 4 contracts fell apart before closing. Homes that went back on the market sold for 92.4% of first asking, versus 95.8% for homes that closed on the first contract.
If you're buying
- 81% 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 179 days.
Did you know?
- 41% of buyers paid cash, and 5% used VA loans.
- A year earlier, 28% of listings didn't sell; now it's 27%.
- When a contract fell apart, 30% of those homes never sold at all.
Get the ZIP 27817 · Chocowinity report every month
The same numbers, updated monthly, straight to your inbox. No spam, one click to stop.
For sellers
Listings that didn't sell
27%
about the same as a year ago
29 expired, withdrawn or canceled vs 77 sold
Sold vs. first asking price
95.5%
down 0.4 pts from a year ago
median sale price ÷ original list price
Sold below first asking
81%
share of homes that sold
Price cut on homes that didn't sell
1.4%
median — and they still didn't sell
For buyers
True days on market
32
down 10 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
4.5%
how far under the original price homes sold
Didn't sell, then sold on a relist
10%
of listings that didn't sell the first time
Median sold price
$418K
down 6.1% from a year ago
77 homes sold
The last 24 months
67% latest month · Aug 26
17 latest month · Aug 26
98.5% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 28 | 10 | 26% | 25 | 94.0% |
| $300–400K | 6 | 1 | 14% | 26 | 94.7% |
| $400–500K | 9 | 3 | 25% | 53 | 94.1% |
| $500–750K | 26 | 10 | 28% | 31 | 96.6% |
| $750K–1M | 4 | 1 | 20% | 34 | 97.7% |
| $1M+ | 4 | 4 | 50% | 105 | 93.2% |
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