Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Grifton
October 24, 2026
(910) 395‑1000 · buddyblake.com
Grifton: 1 in 7 listings ended without selling in the last year
Over the last 12 months, 113 listings in Grifton ended, and 96 of them sold. The didn't-sell rate is 15%, up from 13% the year before, so pricing matters more than it did. Homes priced right from the start sold in a typical 20 days.
Summary written October 25, 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 Grifton over the last 12 months, the solid houses sold. The outlined ones expired or were canceled.
Priced right from day one: sold in a median 20 days. Needed price cuts: 91 days, and sold for 93.3% of the first price.
What waiting costs
| Property taxes | $109 |
| Homeowners insurance | $250 |
| Upkeep | $193 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $798 + mortgage |
About $798 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 145 days — roughly $3,817 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
21%
26 of about 123 before closing
Those homes that later sold
89%
12% never sold
Sold vs. first ask after a fall-through
95.1%
vs. 99.2% on the first contract
Days to sell after a fall-through
71
vs. 33 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 38% · cash 14% · VA 18% · FHA 26%.
If you're selling
- Price it right on day one. Homes priced right from the start sold in a typical 20 days.
- Listings that needed price cuts took a typical 91 days and sold at a median 93.3% of asking.
- Waiting costs money. Listings that never sold had a median price cut of 2.6% and sat a median 145 days.
- Prepare for contracts to fall apart. 21% did, about one in five. Inspection, appraisal and financing issues are the most common causes in general industry experience.
If you're buying
- There is room to negotiate. 62% of homes sold below their first asking price, and the median sale came in at 98.4% of first ask.
- Some homes sit. Listings that never sold took a median 145 days, so a long-listed home may be worth a fresh look.
- Financing varies. Conventional loans were used in 38% of purchases, FHA in 26%, VA in 18%, and cash in 14%.
Did you know?
- The median sold price in Grifton over the last 12 months was $231,385.
- For a typical home, estimated monthly carrying costs are about $798 before mortgage.
- Contracts that fell apart later sold 89% of the time, at a median 95.1% of asking, after a median 71 days.
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Thinking of selling in Grifton? What it takes and what it costs →
For sellers
Listings that didn't sell
15%
up 1.6 pts from a year ago
17 expired or canceled vs 96 sold
Sold vs. first asking price
98.4%
about the same as 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
2.6%
median — and they still didn't sell
For buyers
True days on market
48
up 26 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
1.6%
how far under the original price homes sold
Didn't sell, then sold on a relist
6%
of listings that didn't sell the first time
Median sold price
$231K
up 6.0% from a year ago
96 homes sold
The last 24 months
14% latest month · Sep 26
63 latest month · Sep 26
96.5% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 78 | 14 | 15% | 50 | 98.5% |
| $300–400K | 10 | 1 | 9% | 18 | 97.5% |
| $400–500K | 4 | 1 | 20% | 29 | 97.5% |
| $500–750K | 4 | 0 | 0% | 54 | 97.7% |
| $1M+ | 0 | 1 | 100% | — | — |
Homes only (land excluded), last 12 months unless noted. "Didn't sell" = listings that expired or were canceled — withdrawn and on-hold listings are not counted (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 24, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000