Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Grimesland
October 24, 2026
(910) 395‑1000 · buddyblake.com
Grimesland: 1 in 6 listings didn't sell in the last year
In Grimesland, 1 in 6 listings ended without selling over the last 12 months, up from 10% the year before. Homes that did sell took a typical 55 days and sold for a median $391,900, or 98.9% of the first asking price.
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 Grimesland 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 29 days. Needed price cuts: 87 days, and sold for 92.2% of the first price.
What waiting costs
| Property taxes | $185 |
| Homeowners insurance | $250 |
| Upkeep | $327 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $1,016 + mortgage |
About $1,016 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 123 days — roughly $4,102 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
14%
23 of about 166 before closing
Those homes that later sold
65%
30% never sold
Sold vs. first ask after a fall-through
92.3%
vs. 99.7% on the first contract
Days to sell after a fall-through
153
vs. 53 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 52% · cash 22% · VA 5% · FHA 20%.
If you're selling
- Price it right from day one. Homes priced right at the start sold in a median 29 days. Homes that needed cuts later took a median 87 days.
- Waiting costs money. Carrying costs for a typical home are estimated at about $1,016 a month before mortgage. Estimated carrying costs while unsold came to about $4,102 before mortgage.
- Prepare for the contract. About 1 in 7 contracts fell apart. In general industry experience, that's most often inspection, appraisal or financing issues, so deal with those before you list.
- Listings that never sold took a median 1.6% price cut and sat a median 123 days. Waiting and chasing price doesn't fix a listing that's off the mark.
If you're buying
- Room to negotiate: 55% of homes sold below their first asking price.
- Homes that sit: listings that never sold stayed on market a median 123 days before they ended.
- How buyers are paying: 52% conventional, 22% cash, 20% FHA, 5% VA.
Did you know?
- Homes that went under contract the first time sold at a median 99.7% of asking, in a median 53 days.
- After a contract fell apart, 65% of those homes later sold, at a median 92.3% of asking, taking a median 153 days.
- Homes that needed price cuts sold at a median 92.2% of asking, after a median 87 days.
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Thinking of selling in Grimesland? What it takes and what it costs →
For sellers
Listings that didn't sell
15%
up 5.5 pts from a year ago
26 expired or canceled vs 143 sold
Sold vs. first asking price
98.9%
down 1.1 pts from a year ago
median sale price ÷ original list price
Sold below first asking
55%
share of homes that sold
Price cut on homes that didn't sell
1.6%
median — and they still didn't sell
For buyers
True days on market
55
up 4 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
1.1%
how far under the original price homes sold
Didn't sell, then sold on a relist
23%
of listings that didn't sell the first time
Median sold price
$392K
down 0.7% from a year ago
143 homes sold
The last 24 months
29% latest month · Sep 26
18 latest month · Sep 26
99.5% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 34 | 6 | 15% | 8 | 99.1% |
| $300–400K | 34 | 4 | 11% | 163 | 97.4% |
| $400–500K | 44 | 8 | 15% | 73 | 100.0% |
| $500–750K | 24 | 4 | 14% | 48 | 99.9% |
| $750K–1M | 3 | 0 | 0% | 56 | 91.0% |
| $1M+ | 4 | 4 | 50% | 114 | 93.4% |
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