Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Carthage
October 19, 2026
(910) 395‑1000 · buddyblake.com
In Carthage, 1 in 5 homes that listed didn't sell
Over the last 12 months, 290 Carthage listings ended. 231 sold and 59 didn't, a 20% rate, down from 25% the year before. The typical home sold in 37 days at a median of $452,900, and price at the start made most of the difference.
Summary written October 17, 2026 from that day's numbers. The figures in the tiles update every hour, so they can differ slightly.
Which pile do you want to be in?
Out of every 20 homes listed in 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 The outlined ones expired, were withdrawn or were canceled.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: 73 days, and sold for 94.5% of the first price.
What waiting costs
| Property taxes | $111 |
| Homeowners insurance | $250 |
| Upkeep | $377 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $991 + mortgage |
About $991 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 108 days — roughly $3,511 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.
An example, not a quote: 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.
When contracts fall apart
Contracts that fell apart
13%
33 of about 264 before closing
Those homes that later sold
67%
27% never sold
Sold vs. first ask after a fall-through
97.7%
vs. 99.6% on the first contract
Days to sell after a fall-through
107
vs. 28 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 30% · cash 20% · VA 42% · FHA 7%.
If you're selling
- Price it right from day one. 151 Carthage homes that were priced right sold in a typical 12 days. The 80 that needed price cuts took a typical 73 days and sold at a median 94.5% of asking.
- The $400–500K range struggled most, with 28% not selling. The $300–400K range did best at 15%. If you're in the tougher range, the first price matters even more.
- Waiting costs money. Listings that never sold sat a median 108 days. On a typical $452,900 home, carrying costs are estimated at about $991 a month before mortgage. The estimate while a home sat unsold is about $3,511.
- 12% of contracts fell apart, about 1 in 8. Most often that's inspection, appraisal or financing issues, based on general industry experience. Get repairs and paperwork ready before you list. After a fall-through, 69% later sold, but at a median 97.7% of asking in 107 days. First contracts that held sold at 99.6% in 28 days.
If you're buying
- There's room to negotiate. 54% of Carthage homes sold below their first asking price. Homes that needed cuts sold at a median 94.5% of asking.
- Look at the homes that have sat. Listings that never sold sat a median 108 days. A home that went under contract, fell apart and came back sold at a median 97.7% of asking.
- Here's how others paid: 41% VA, 30% conventional, 19% cash and 8% FHA.
Did you know?
- Did you know the share of Carthage listings that didn't sell dropped from 25% to 20% in a year?
- Did you know homes that sold in Carthage went for a median 99.4% of their first asking price?
- Did you know a first contract in Carthage took a typical 28 days, while a home that had a contract fall apart took a typical 107 days to sell?
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Thinking of selling in Carthage? What it takes and what it costs →
For sellers
Listings that didn't sell
20%
down 4.5 pts from a year ago
59 expired, withdrawn or canceled vs 231 sold
Sold vs. first asking price
99.4%
up 1.2 pts from 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
37
down 5 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
0.6%
how far under the original price homes sold
Didn't sell, then sold on a relist
27%
of listings that didn't sell the first time
Median sold price
$453K
up 17.6% from a year ago
231 homes sold
The last 24 months
19% latest month · Sep 26
22 latest month · Sep 26
98.8% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 47 | 12 | 20% | 65 | 96.0% |
| $300–400K | 39 | 7 | 15% | 30 | 99.4% |
| $400–500K | 51 | 20 | 28% | 45 | 99.7% |
| $500–750K | 82 | 16 | 16% | 22 | 100.0% |
| $750K–1M | 8 | 3 | 27% | 18 | 98.9% |
| $1M+ | 4 | 1 | 20% | 100 | 86.8% |
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 October 19, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000