Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Farmville
October 18, 2026
(910) 395‑1000 · buddyblake.com
1 in 3 Farmville Listings Didn't Sell in the Last 12 Months
In Farmville, 131 homes came off the market in the last 12 months. 86 sold and 45 didn't, which is 34%, up from 28% the year before. The typical home that sold took 73 days and went for a median $300,000.
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 Farmville 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 The outlined ones expired, were withdrawn or were canceled.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 33 days. Needed price cuts: 102 days, and sold for 88.9% of the first price.
What waiting costs
| Property taxes | $142 |
| Homeowners insurance | $250 |
| Upkeep | $250 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $888 + mortgage |
About $888 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 118 days — roughly $3,448 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.
An example, not a quote: 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.
When contracts fall apart
Contracts that fell apart
26%
30 of about 116 before closing
Those homes that later sold
57%
43% never sold
Sold vs. first ask after a fall-through
95.8%
vs. 97.7% on the first contract
Days to sell after a fall-through
143
vs. 51 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 42% · cash 16% · VA 13% · FHA 24%.
If you're selling
- Price it right from day one. In Farmville, 44 homes priced right sold in a typical 33 days. The 42 that needed price cuts took 102 days and sold at 88.9% of asking.
- Under $300K is the toughest range here, with 39% not selling. $300–400K did best at 24%. If you're under $300K, don't count on buyers coming to you.
- Waiting costs money. On a $300,000 home, carrying costs are estimated at about $888 a month before mortgage, and about $3,448 while the home sits unsold.
- About 1 in 4 contracts here fell apart (26%). The MLS doesn't say why, but most often it's inspection, appraisal or financing issues. Get ahead of those before you list. After a fall-through, the typical home took 143 days to sell, versus 51 days for a first contract.
If you're buying
- There's room to negotiate. 69% of Farmville homes sold below their first asking price, and the typical home sold at 97.1% of first ask.
- Look closely at homes that have sat. Listings that never sold sat a median 118 days with a median price cut of only 2.1%. A seller who's been waiting that long may be ready to talk.
- Here's how Farmville buyers paid: 41% conventional, 24% FHA, 17% cash and 13% VA. Cash isn't the only way to win.
Did you know?
- Did you know? Of Farmville contracts that fell apart, 57% later sold and 43% never sold.
- Did you know? Homes that sold after a contract fell apart went for 95.8% of asking. First contracts sold at 97.8%.
- Did you know? The typical Farmville home that sold in the last 12 months took 73 days.
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Thinking of selling in Farmville? What it takes and what it costs →
For sellers
Listings that didn't sell
34%
up 6.9 pts from a year ago
45 expired, withdrawn or canceled vs 86 sold
Sold vs. first asking price
97.1%
down 0.6 pts from a year ago
median sale price ÷ original list price
Sold below first asking
69%
share of homes that sold
Price cut on homes that didn't sell
2.1%
median — and they still didn't sell
For buyers
True days on market
73
up 43 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
2.9%
how far under the original price homes sold
Didn't sell, then sold on a relist
13%
of listings that didn't sell the first time
Median sold price
$300K
up 20.0% from a year ago
86 homes sold
The last 24 months
36% latest month · Sep 26
29 latest month · Sep 26
97.6% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 40 | 25 | 39% | 55 | 91.3% |
| $300–400K | 35 | 11 | 24% | 127 | 98.7% |
| $400–500K | 9 | 6 | 40% | 51 | 97.7% |
| $500–750K | 2 | 2 | 50% | 36 | 95.7% |
| $1M+ | 0 | 1 | 100% | — | — |
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 18, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000