Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 27858 · Greenville
September 26, 2026
(910) 395‑1000 · buddyblake.ai
In ZIP 27858, 1 in 7 homes listed didn't sell
In the last 12 months, 652 homes finished their time on the market in ZIP code 27858 (Greenville area): 559 sold and 93 did not — about 1 in 7. The ones that sold took a median of 24 days, counted from the first day listed, and closed at 97.7% of their first asking price.
Which pile do you want to be in?
Out of every 20 homes listed in ZIP 27858 · Greenville 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 The outlined ones expired, were withdrawn or were canceled.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 9 days. Needed price cuts: 59 days, and sold for 92.8% of the first price.
What waiting costs
| Mortgage (principal + interest) | $1,575 |
| Property taxes | $139 |
| Homeowners insurance | $250 |
| Upkeep | $246 |
| Utilities | $250 |
| About | $2,460 |
About $2,460 every month the home sits.
Listings that didn't sell stayed on the market a median of 112 days — roughly $9,100 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); Pitt County rate 0.5663 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
14%
95 of about 662 before closing
Those homes that later sold
68%
24% never sold
Sold vs. first ask after a fall-through
94.4%
vs. 98.1% on the first contract
Days to sell after a fall-through
91
vs. 19 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 53% · cash 27% · VA 7% · FHA 10%.
If you're selling
- Homes priced right from day one sold in a median of 9 days. Homes that needed price cuts took 59 days and sold for 92.8% of their first price.
- Waiting costs money. A $295,000 home runs about $2,460 a month to hold — roughly $9,100 over the time a typical unsold listing sat.
- About 1 in 7 contracts fell apart before closing. Homes that went back on the market sold for 94.4% of first asking, versus 98.1% for homes that closed on the first contract.
If you're buying
- 63% 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 112 days.
Did you know?
- 27% of buyers paid cash, and 7% used VA loans.
- A year earlier, 11% of listings didn't sell; now it's 14%.
- When a contract fell apart, 24% of those homes never sold at all.
Get the ZIP 27858 · Greenville 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
14%
up 3.4 pts from a year ago
93 expired, withdrawn or canceled vs 559 sold
Sold vs. first asking price
97.7%
down 0.7 pts from a year ago
median sale price ÷ original list price
Sold below first asking
63%
share of homes that sold
Price cut on homes that didn't sell
2.4%
median — and they still didn't sell
For buyers
True days on market
24
up 6 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
2.3%
how far under the original price homes sold
Didn't sell, then sold on a relist
22%
of listings that didn't sell the first time
Median sold price
$295K
up 2.8% from a year ago
559 homes sold
The last 24 months
19% latest month · Aug 26
29 latest month · Aug 26
98.0% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 275 | 46 | 14% | 19 | 97.5% |
| $300–400K | 126 | 20 | 14% | 35 | 96.9% |
| $400–500K | 67 | 13 | 16% | 39 | 97.1% |
| $500–750K | 72 | 12 | 14% | 26 | 99.1% |
| $750K–1M | 13 | 0 | 0% | 56 | 98.0% |
| $1M+ | 6 | 2 | 25% | 44 | 94.7% |
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