Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 28590 · Winterville
September 26, 2026
(910) 395‑1000 · buddyblake.ai
In ZIP 28590, 1 in 10 homes listed didn't sell
In the last 12 months, 618 homes finished their time on the market in ZIP code 28590 (Winterville area): 556 sold and 62 did not — about 1 in 10. The ones that sold took a median of 29 days, counted from the first day listed, and closed at 98.8% of their first asking price.
Which pile do you want to be in?
Out of every 20 homes listed in ZIP 28590 · Winterville 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 The outlined ones expired, were withdrawn or were canceled.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 20 days. Needed price cuts: 68 days, and sold for 93.9% of the first price.
What waiting costs
| Mortgage (principal + interest) | $1,719 |
| Property taxes | $152 |
| Homeowners insurance | $250 |
| Upkeep | $268 |
| Utilities | $250 |
| About | $2,640 |
About $2,640 every month the home sits.
Listings that didn't sell stayed on the market a median of 94 days — roughly $8,200 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
13%
83 of about 642 before closing
Those homes that later sold
80%
16% never sold
Sold vs. first ask after a fall-through
95.9%
vs. 99.0% on the first contract
Days to sell after a fall-through
92
vs. 27 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 51% · cash 19% · VA 8% · FHA 18%.
If you're selling
- Homes priced right from day one sold in a median of 20 days. Homes that needed price cuts took 68 days and sold for 93.9% of their first price.
- Price range matters: 13% of homes starting at $500–750K didn't sell, compared with 7% at $300–400K.
- Waiting costs money. A $322,000 home runs about $2,640 a month to hold — roughly $8,200 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 95.9% of first asking, versus 99.0% for homes that closed on the first contract.
If you're buying
- 62% 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 94 days.
Did you know?
- 19% of buyers paid cash, and 8% used VA loans.
- A year earlier, 12% of listings didn't sell; now it's 10%.
- When a contract fell apart, 16% of those homes never sold at all.
Get the ZIP 28590 · Winterville 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
10%
down 2.0 pts from a year ago
62 expired, withdrawn or canceled vs 556 sold
Sold vs. first asking price
98.8%
down 0.5 pts from a year ago
median sale price ÷ original list price
Sold below first asking
62%
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
29
down 1 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
1.2%
how far under the original price homes sold
Didn't sell, then sold on a relist
26%
of listings that didn't sell the first time
Median sold price
$322K
up 1.8% from a year ago
556 homes sold
The last 24 months
12% latest month · Aug 26
32 latest month · Aug 26
99.1% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 215 | 28 | 12% | 22 | 98.6% |
| $300–400K | 215 | 17 | 7% | 35 | 98.6% |
| $400–500K | 75 | 9 | 11% | 40 | 98.6% |
| $500–750K | 49 | 7 | 13% | 29 | 100.0% |
| $750K–1M | 1 | 1 | 50% | 10 | 100.0% |
| $1M+ | 1 | 0 | 0% | 7 | 100.0% |
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