Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 27830 · Fremont
September 26, 2026
(910) 395‑1000 · buddyblake.ai
In ZIP 27830, 1 in 3 homes listed didn't sell
In the last 12 months, 118 homes finished their time on the market in ZIP code 27830 (Fremont area): 71 sold and 47 did not — about 1 in 3. The ones that sold took a median of 104 days, counted from the first day listed, and closed at 98.8% of their first asking price.
Which pile do you want to be in?
Out of every 20 homes listed in ZIP 27830 · Fremont 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 The outlined ones expired, were withdrawn or were canceled.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 83 days. Needed price cuts: 141 days, and sold for 94.1% of the first price.
What waiting costs
| Mortgage (principal + interest) | $1,388 |
| Property taxes | $136 |
| Homeowners insurance | $250 |
| Upkeep | $217 |
| Utilities | $250 |
| About | $2,240 |
About $2,240 every month the home sits.
Listings that didn't sell stayed on the market a median of 200 days — roughly $14,700 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); Wayne County rate 0.6259 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%
15 of about 86 before closing
Those homes that later sold
67%
33% never sold
Sold vs. first ask after a fall-through
96.5%
vs. 99.3% on the first contract
Days to sell after a fall-through
125
vs. 100 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 28% · cash 6% · VA 25% · FHA 34%.
If you're selling
- Homes priced right from day one sold in a median of 83 days. Homes that needed price cuts took 141 days and sold for 94.1% of their first price.
- Price range matters: 67% of homes starting at $300–400K didn't sell, compared with 25% at Under $300K.
- Waiting costs money. A $259,997 home runs about $2,240 a month to hold — roughly $14,700 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 96.5% of first asking, versus 99.3% for homes that closed on the first contract.
If you're buying
- 62% 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 200 days.
Did you know?
- 6% of buyers paid cash, and 25% used VA loans.
- A year earlier, 18% of listings didn't sell; now it's 40%.
- When a contract fell apart, 33% of those homes never sold at all.
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For sellers
Listings that didn't sell
40%
up 21.9 pts from a year ago
47 expired, withdrawn or canceled vs 71 sold
Sold vs. first asking price
98.8%
down 1.2 pts from a year ago
median sale price ÷ original list price
Sold below first asking
62%
share of homes that sold
Price cut on homes that didn't sell
2.0%
median — and they still didn't sell
For buyers
True days on market
104
up 29 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
1.2%
how far under the original price homes sold
Didn't sell, then sold on a relist
13%
of listings that didn't sell the first time
Median sold price
$260K
about the same as a year ago
71 homes sold
The last 24 months
50% latest month · Aug 26
57 latest month · Aug 26
98.3% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 58 | 19 | 25% | 102 | 99.3% |
| $300–400K | 10 | 20 | 67% | 139 | 94.1% |
| $400–500K | 1 | 6 | 86% | 7 | 101.2% |
| $500–750K | 1 | 1 | 50% | 30 | 97.5% |
| $750K–1M | 1 | 1 | 50% | 11 | 100.0% |
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