Buddy Blake Team · Coldwell Banker Sea Coast Advantage

Market insights: Newport

October 18, 2026
(910) 395‑1000 · buddyblake.com

Newport: 1 in 4 homes didn't sell, up from 18%

In Newport over the last 12 months, 342 homes ended their listings and 84 of them didn't sell. That's 25%, or 1 in 4, up from 18% the year before. Homes priced right from the start sold in a median of 14 days. Homes that needed cuts took 80 days.

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 Newport 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 The outlined ones expired, were withdrawn or were canceled.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 14 days. Needed price cuts: 80 days, and sold for 92.3% of the first price.

What waiting costs

A typical $386,480 home, per month
Property taxes	$72
Homeowners insurance	$250
Upkeep	$322
Utilities	$250
Your mortgage payment	if you have one
About	$899 + mortgage

About $899 every month the home sits — plus your mortgage payment.

Listings that didn't sell stayed on the market a median of 146 days — roughly $4,318 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.

An example, not a quote: Carteret County rate 0.225 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

19%

60 of about 318 before closing

Those homes that later sold

55%

42% never sold

Sold vs. first ask after a fall-through

93.5%

vs. 97.7% on the first contract

Days to sell after a fall-through

vs. 29 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 25% · VA 21% · FHA 11%.

If you're selling

Price it right from day one. The 134 homes priced right sold in a median of 14 days. The 124 that needed cuts took a median of 80 days and sold at a median of 92.3% of asking.
Know your price range. In Newport, $1M+ homes didn't sell 50% of the time. Under $300K was 11%.
Waiting costs money. Carrying a typical $386,480 home is estimated at about $899 a month before the mortgage. A home that sits unsold can run about $4,318 in estimated carrying costs.
Contracts fall apart too. About 19% did, or 1 in 5, most often inspection, appraisal or financing issues in general industry experience. Get the home ready before you list. Of those that fell through, 55% later sold, but at a median of 93.5% of asking and 96 days. First contracts that held sold at 97.7% in 29 days.

If you're buying

There is room to negotiate. 64% of Newport sales closed below the first asking price, and the typical home sold at 97.3% of first ask.
Look at homes that sit. Listings that never sold sat a median of 146 days. Those homes had a median price cut of 2.6%.
Cash is common, but not the only way to buy. In Newport, 25% of buyers paid cash, 39% used conventional loans, 21% used VA and 10% used FHA.

Did you know?

Newport's median sold price over the last 12 months was $386,480.
The typical Newport home took 37 days to sell.
When a contract fell apart, 42% of those homes never sold at all.

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Thinking of selling in Newport? What it takes and what it costs →

Deal Killer Report: how often contracts fall apart in Newport — and what it costs the seller →

For sellers

Listings that didn't sell

25%

up 6.8 pts from a year ago

84 expired, withdrawn or canceled vs 258 sold

Sold vs. first asking price

97.3%

down 1.1 pts from a year ago

median sale price ÷ original list price

Sold below first asking

64%

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

up 7 days from a year ago

median for sold homes, counted from the first listing

Typical room below first ask

2.7%

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

$386K

up 4.5% from a year ago

258 homes sold

The last 24 months

Didn't sell (%)

25% latest month · Sep 26

True days on market (sold)

33 latest month · Sep 26

Sold vs. first asking (%)

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	62	8	11%	44	96.9%
$300–400K	73	19	21%	24	98.7%
$400–500K	42	12	22%	36	96.9%
$500–750K	46	15	25%	26	98.0%
$750K–1M	20	15	43%	70	95.7%
$1M+	15	15	50%	46	97.2%

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