Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 27856 · Nashville
September 26, 2026
(910) 395‑1000 · buddyblake.ai
In ZIP 27856, 1 in 4 homes listed didn't sell
In the last 12 months, 157 homes finished their time on the market in ZIP code 27856 (Nashville area): 120 sold and 37 did not — about 1 in 4. The ones that sold took a median of 47 days, counted from the first day listed, and closed at 98.2% of their first asking price.
Which pile do you want to be in?
Out of every 20 homes listed in ZIP 27856 · Nashville 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 The outlined ones expired, were withdrawn or were canceled.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 22 days. Needed price cuts: 93 days, and sold for 92.6% of the first price.
What waiting costs
| Mortgage (principal + interest) | $1,722 |
| Property taxes | $169 |
| Homeowners insurance | $250 |
| Upkeep | $269 |
| Utilities | $250 |
| About | $2,660 |
About $2,660 every month the home sits.
Listings that didn't sell stayed on the market a median of 84 days — roughly $7,300 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); Nash County rate 0.63 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%
38 of about 158 before closing
Those homes that later sold
58%
40% never sold
Sold vs. first ask after a fall-through
97.1%
vs. 98.8% on the first contract
Days to sell after a fall-through
114
vs. 31 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 44% · cash 13% · VA 16% · FHA 24%.
If you're selling
- Homes priced right from day one sold in a median of 22 days. Homes that needed price cuts took 93 days and sold for 92.6% of their first price.
- Price range matters: 27% of homes starting at Under $300K didn't sell, compared with 11% at $400–500K.
- Waiting costs money. A $322,500 home runs about $2,660 a month to hold — roughly $7,300 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 97.1% of first asking, versus 98.8% for homes that closed on the first contract.
If you're buying
- 64% 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 84 days.
Did you know?
- 13% of buyers paid cash, and 16% used VA loans.
- A year earlier, 14% of listings didn't sell; now it's 24%.
- When a contract fell apart, 40% of those homes never sold at all.
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For sellers
Listings that didn't sell
24%
up 9.4 pts from a year ago
37 expired, withdrawn or canceled vs 120 sold
Sold vs. first asking price
98.2%
about the same as a year ago
median sale price ÷ original list price
Sold below first asking
64%
share of homes that sold
Price cut on homes that didn't sell
1.8%
median — and they still didn't sell
For buyers
True days on market
47
up 16 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
1.8%
how far under the original price homes sold
Didn't sell, then sold on a relist
11%
of listings that didn't sell the first time
Median sold price
$323K
up 8.0% from a year ago
120 homes sold
The last 24 months
22% latest month · Aug 26
64 latest month · Aug 26
97.3% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 48 | 18 | 27% | 16 | 98.1% |
| $300–400K | 41 | 11 | 21% | 75 | 98.7% |
| $400–500K | 24 | 3 | 11% | 123 | 98.8% |
| $500–750K | 6 | 5 | 46% | 54 | 93.6% |
| $1M+ | 1 | 0 | 0% | 26 | 9.8% |
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