Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 28327 · Carthage
September 26, 2026
(910) 395‑1000 · buddyblake.ai
In ZIP 28327, 1 in 5 homes listed didn't sell
In the last 12 months, 413 homes finished their time on the market in ZIP code 28327 (Carthage area): 324 sold and 89 did not — about 1 in 5. The ones that sold took a median of 31 days, counted from the first day listed, and closed at 99.3% of their first asking price.
Which pile do you want to be in?
Out of every 20 homes listed in ZIP 28327 · Carthage 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 The outlined ones expired, were withdrawn or were canceled.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 12 days. Needed price cuts: 72 days, and sold for 94.2% of the first price.
What waiting costs
| Mortgage (principal + interest) | $2,515 |
| Property taxes | $116 |
| Homeowners insurance | $250 |
| Upkeep | $393 |
| Utilities | $250 |
| About | $3,520 |
About $3,520 every month the home sits.
Listings that didn't sell stayed on the market a median of 107 days — roughly $12,400 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
12%
45 of about 369 before closing
Those homes that later sold
64%
33% never sold
Sold vs. first ask after a fall-through
97.3%
vs. 99.4% on the first contract
Days to sell after a fall-through
108
vs. 26 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 31% · cash 19% · VA 41% · FHA 7%.
If you're selling
- Homes priced right from day one sold in a median of 12 days. Homes that needed price cuts took 72 days and sold for 94.2% of their first price.
- Price range matters: 27% of homes starting at $400–500K didn't sell, compared with 18% at $300–400K.
- Waiting costs money. A $471,145 home runs about $3,520 a month to hold — roughly $12,400 over the time a typical unsold listing sat.
- About 1 in 8 contracts fell apart before closing. Homes that went back on the market sold for 97.3% of first asking, versus 99.4% for homes that closed on the first contract.
If you're buying
- 54% 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 107 days.
Did you know?
- 19% of buyers paid cash, and 41% used VA loans.
- A year earlier, 22% of listings didn't sell; now it's 22%.
- When a contract fell apart, 33% of those homes never sold at all.
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For sellers
Listings that didn't sell
22%
about the same as a year ago
89 expired, withdrawn or canceled vs 324 sold
Sold vs. first asking price
99.3%
about the same as a year ago
median sale price ÷ original list price
Sold below first asking
54%
share of homes that sold
Price cut on homes that didn't sell
0.0%
median — and they still didn't sell
For buyers
True days on market
31
up 5 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
0.7%
how far under the original price homes sold
Didn't sell, then sold on a relist
30%
of listings that didn't sell the first time
Median sold price
$471K
up 7.8% from a year ago
324 homes sold
The last 24 months
10% latest month · Aug 26
20 latest month · Aug 26
99.8% 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 | 12 | 20% | 69 | 96.1% |
| $300–400K | 51 | 11 | 18% | 28 | 99.4% |
| $400–500K | 85 | 32 | 27% | 30 | 99.0% |
| $500–750K | 116 | 28 | 19% | 24 | 100.0% |
| $750K–1M | 17 | 5 | 23% | 45 | 98.8% |
| $1M+ | 7 | 1 | 13% | 22 | 93.0% |
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