Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Sims
October 19, 2026
(910) 395‑1000 · buddyblake.com
Sims: 1 in 6 homes didn't sell, and the median sale hit 98.1%
In Sims over the last 12 months, 75 homes came to an end on the market. 63 sold and 12 didn't, which is 16%, down from 23% the year before. A typical sold home took 45 days and went for 98.1% of the first asking price.
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 Sims 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 The outlined ones expired, were withdrawn or were canceled.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 32 days. Needed price cuts: 56 days, and sold for 93.2% of the first price.
What waiting costs
| Property taxes | $161 |
| Homeowners insurance | $250 |
| Upkeep | $271 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $930 + mortgage |
About $930 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 149 days — roughly $4,531 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.
An example, not a quote: Wilson County rate 0.595 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
16%
12 of about 75 before closing
Those homes that later sold
67%
25% never sold
Sold vs. first ask after a fall-through
95.5%
vs. 98.3% on the first contract
Days to sell after a fall-through
53
vs. 43 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 49% · cash 8% · VA 6% · FHA 33%.
If you're selling
- Price it right from day one. The 36 homes priced right sold in a typical 32 days. The 27 that needed price cuts took 56 days and sold at 93.2%.
- Waiting costs money. Carrying a home like one at $324,990 runs about $930 a month before the mortgage, by our estimate. A home that sits unsold would cost about $4,531 in that time.
- Small cuts don't fix a stale listing. Homes that never sold had a median price cut of just 2.2% and sat a median 149 days.
- Contracts fall apart about 1 in 6 times here, or 16%. The MLS doesn't say why, but in our experience it's most often inspection, appraisal or financing issues. Get the home ready and priced for a clean inspection and appraisal before you list.
If you're buying
- There is room to talk. 67% of sold homes went for less than the first asking price, and the median sale was 98.1% of it.
- Look at homes that have sat. When a first contract fell apart, the next sale took a median 53 days and closed at 95.5% of asking, against 98.3% for first contracts.
- Buyers here pay in different ways: 49% conventional, 33% FHA, 8% cash and 6% VA.
Did you know?
- The median sold price in Sims over the last 12 months was $324,990.
- The share of homes that didn't sell fell from 23% a year earlier to 16%.
- Of homes where a contract fell apart, 67% later sold and 25% never did.
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Thinking of selling in Sims? What it takes and what it costs →
For sellers
Listings that didn't sell
16%
down 7.4 pts from a year ago
12 expired, withdrawn or canceled vs 63 sold
Sold vs. first asking price
98.1%
down 0.3 pts from a year ago
median sale price ÷ original list price
Sold below first asking
67%
share of homes that sold
Price cut on homes that didn't sell
2.2%
median — and they still didn't sell
For buyers
True days on market
45
up 15 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
1.9%
how far under the original price homes sold
Didn't sell, then sold on a relist
50%
of listings that didn't sell the first time
Median sold price
$325K
down 23.5% from a year ago
63 homes sold
The last 23 months
20% latest month · Sep 26
29 latest month · Sep 26
100.0% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 19 | 2 | 10% | 22 | 99.6% |
| $300–400K | 28 | 5 | 15% | 56 | 97.2% |
| $400–500K | 11 | 4 | 27% | 59 | 95.1% |
| $500–750K | 4 | 1 | 20% | 31 | 100.0% |
| $1M+ | 1 | 0 | 0% | 77 | 94.7% |
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