Market insights

What really happens to homes listed in Spring Hope

The numbers most home sites don't show: how many listings never sell, how long homes really take, and what they sell for against the first asking price.

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Buddy Blake Team · Coldwell Banker Sea Coast Advantage

Market insights: Spring Hope

October 19, 2026
(910) 395‑1000 · buddyblake.com

Spring Hope: 42% of listings ended without a sale

In Spring Hope over the last 12 months, 93 homes came off the market and 39 of them didn't sell. That's 42%, up from 19% the year before, or 1 in 2 listings. The homes that sold took a median of 76 days.

Summary written October 17, 2026 from that day's numbers. The figures in the tiles update every hour, so they can differ slightly.

12 sold out of every 20 listed 8 didn't expired, withdrawn or canceled

Which pile do you want to be in?

Out of every 20 homes listed in Spring Hope 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 The outlined ones expired, were withdrawn or were canceled.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: 113 days, and sold for 94.3% of the first price.

What waiting costs

A typical $357,400 home, per month
Property taxes$188
Homeowners insurance$250
Upkeep$298
Utilities$250
Your mortgage paymentif you have one
About$990 + mortgage

About $990 every month the home sits — plus your mortgage payment.

Listings that didn't sell stayed on the market a median of 132 days — roughly $4,300 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.

An example, not a quote: Nash County rate 0.63 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

25%

18 of about 72 before closing

Those homes that later sold

50%

44% never sold

Sold vs. first ask after a fall-through

92.2%

vs. 98.3% on the first contract

Days to sell after a fall-through

127

vs. 47 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 50% · cash 20% · VA 6% · FHA 20%.

If you're selling

  • Price it right from day one. The 28 homes priced right sold in a median of 32 days. The 26 that needed price cuts took 113 days and sold at a median of 94.3% of asking.
  • The $300–400K range struggled most, with 56% not selling. Under $300K did best, with 28% not selling.
  • Waiting costs money. For a typical home at $357,400, carrying costs run an estimated $990 a month before mortgage. That's about $4,300 while a home sits unsold.
  • About 1 in 4 contracts fell apart. Most often that's inspection, appraisal or financing issues, so get ahead of them before you list. A home that sold after a fall-through took a median of 127 days, against 47 days for a first contract.

If you're buying

  • You have room to negotiate. 63% of homes sold below their first asking price, and the typical sale landed at 97.6% of it.
  • Homes that sit are the ones to watch. Listings that never sold sat a median of 132 days. If a contract falls apart, the next one has typically closed at 92.2% of asking, against 98.3% for a first contract.
  • Buyers pay in different ways here: 50% conventional, 20% cash, 20% FHA and 6% VA.

Did you know?

  • The median sold price in Spring Hope over the last 12 months was $357,400.
  • A year earlier, 19% of Spring Hope listings ended without a sale. Now it's 42%.
  • Of the contracts that fell apart, 50% later sold and 44% never sold.

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

For sellers

Listings that didn't sell

42%

up 22.9 pts from a year ago

39 expired, withdrawn or canceled vs 54 sold

Sold vs. first asking price

97.6%

about the same as a year ago

median sale price ÷ original list price

Sold below first asking

63%

share of homes that sold

Price cut on homes that didn't sell

0.0%

median — and they still didn't sell

For buyers

True days on market

76

down 7 days from a year ago

median for sold homes, counted from the first listing

Typical room below first ask

2.4%

how far under the original price homes sold

Didn't sell, then sold on a relist

3%

of listings that didn't sell the first time

Median sold price

$357K

up 27.2% from a year ago

54 homes sold

By starting price

First askingSoldDidn't sell% didn't sellTrue daysSold vs. first ask
Under $300K18728%1497.6%
$300–400K141856%12495.2%
$400–500K17832%11296.6%
$500–750K3667%120100.0%
$750K–1M200%1899.4%

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

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