Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 28463 · Tabor City
September 26, 2026
(910) 395‑1000 · buddyblake.ai
In ZIP 28463, 1 in 3 homes listed didn't sell
In the last 12 months, 85 homes finished their time on the market in ZIP code 28463 (Tabor City area): 59 sold and 26 did not — about 1 in 3. The ones that sold took a median of 57 days, counted from the first day listed, and closed at 92.9% of their first asking price.
Which pile do you want to be in?
Out of every 20 homes listed in ZIP 28463 · Tabor City 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 The outlined ones expired, were withdrawn or were canceled.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 37 days. Needed price cuts: 69 days, and sold for 90.4% of the first price.
What waiting costs
| Mortgage (principal + interest) | $1,201 |
| Property taxes | $151 |
| Homeowners insurance | $250 |
| Upkeep | $188 |
| Utilities | $250 |
| About | $2,040 |
About $2,040 every month the home sits.
Listings that didn't sell stayed on the market a median of 205 days — roughly $13,700 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); Columbus County rate 0.805 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
30%
25 of about 84 before closing
Those homes that later sold
64%
32% never sold
Sold vs. first ask after a fall-through
90.4%
vs. 94.8% on the first contract
Days to sell after a fall-through
180
vs. 42 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 39% · cash 22% · VA 10% · FHA 24%.
If you're selling
- Homes priced right from day one sold in a median of 37 days. Homes that needed price cuts took 69 days and sold for 90.4% of their first price.
- Waiting costs money. A $225,000 home runs about $2,040 a month to hold — roughly $13,700 over the time a typical unsold listing sat.
- About 1 in 3 contracts fell apart before closing. Homes that went back on the market sold for 90.4% of first asking, versus 94.8% for homes that closed on the first contract.
If you're buying
- 90% 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 205 days.
Did you know?
- 22% of buyers paid cash, and 10% used VA loans.
- A year earlier, 14% of listings didn't sell; now it's 31%.
- When a contract fell apart, 32% of those homes never sold at all.
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For sellers
Listings that didn't sell
31%
up 16.8 pts from a year ago
26 expired, withdrawn or canceled vs 59 sold
Sold vs. first asking price
92.9%
up 2.0 pts from a year ago
median sale price ÷ original list price
Sold below first asking
90%
share of homes that sold
Price cut on homes that didn't sell
2.2%
median — and they still didn't sell
For buyers
True days on market
57
down 52 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
7.1%
how far under the original price homes sold
Didn't sell, then sold on a relist
15%
of listings that didn't sell the first time
Median sold price
$225K
down 6.1% from a year ago
59 homes sold
The last 24 months
14% latest month · Aug 26
87 latest month · Aug 26
87.0% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 52 | 17 | 25% | 52 | 94.0% |
| $300–400K | 5 | 4 | 44% | 89 | 83.6% |
| $400–500K | 0 | 4 | 100% | — | — |
| $500–750K | 2 | 1 | 33% | 201 | 89.6% |
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