Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 28315 · Aberdeen
September 26, 2026
(910) 395‑1000 · buddyblake.ai
In ZIP 28315, 1 in 5 homes listed didn't sell
In the last 12 months, 402 homes finished their time on the market in ZIP code 28315 (Aberdeen area): 323 sold and 79 did not — about 1 in 5. The ones that sold took a median of 53 days, counted from the first day listed, and closed at 98.5% of their first asking price.
Which pile do you want to be in?
Out of every 20 homes listed in ZIP 28315 · Aberdeen 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 The outlined ones expired, were withdrawn or were canceled.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 26 days. Needed price cuts: 128 days, and sold for 92.5% of the first price.
What waiting costs
| Mortgage (principal + interest) | $2,083 |
| Property taxes | $96 |
| Homeowners insurance | $250 |
| Upkeep | $325 |
| Utilities | $250 |
| About | $3,000 |
About $3,000 every month the home sits.
Listings that didn't sell stayed on the market a median of 124 days — roughly $12,300 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); Moore County rate 0.295 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
11%
38 of about 362 before closing
Those homes that later sold
63%
37% never sold
Sold vs. first ask after a fall-through
96.7%
vs. 98.6% on the first contract
Days to sell after a fall-through
170
vs. 52 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 34% · cash 10% · VA 46% · FHA 9%.
If you're selling
- Homes priced right from day one sold in a median of 26 days. Homes that needed price cuts took 128 days and sold for 92.5% of their first price.
- Price range matters: 25% of homes starting at $400–500K didn't sell, compared with 11% at $300–400K.
- Waiting costs money. A $390,240 home runs about $3,000 a month to hold — roughly $12,300 over the time a typical unsold listing sat.
- About 1 in 10 contracts fell apart before closing. Homes that went back on the market sold for 96.7% of first asking, versus 98.6% 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 124 days.
Did you know?
- 10% of buyers paid cash, and 46% used VA loans.
- A year earlier, 14% of listings didn't sell; now it's 20%.
- When a contract fell apart, 37% of those homes never sold at all.
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For sellers
Listings that didn't sell
20%
up 5.5 pts from a year ago
79 expired, withdrawn or canceled vs 323 sold
Sold vs. first asking price
98.5%
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
1.4%
median — and they still didn't sell
For buyers
True days on market
53
about the same as a year ago
median for sold homes, counted from the first listing
Typical room below first ask
1.5%
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
$390K
down 2.2% from a year ago
323 homes sold
The last 24 months
24% latest month · Aug 26
50 latest month · Aug 26
98.2% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 54 | 12 | 18% | 114 | 95.1% |
| $300–400K | 103 | 13 | 11% | 53 | 97.7% |
| $400–500K | 107 | 36 | 25% | 60 | 99.1% |
| $500–750K | 53 | 14 | 21% | 29 | 100.0% |
| $750K–1M | 2 | 1 | 33% | 135 | 95.1% |
| $1M+ | 4 | 3 | 43% | 90 | 86.7% |
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