Market insights

What really happens to homes listed in Tarboro

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: Tarboro

October 24, 2026
(910) 395‑1000 · buddyblake.com

In Tarboro, 1 in 4 listings ended without selling

In Tarboro over the last 12 months, 27% of listings that ended did not sell, or 1 in 4. That is up from 23% the year before. Of the 155 listings that ended, 114 sold, and a typical sale took 49 days at a median price of $212,496.

Summary written October 25, 2026 from that day's numbers. The figures in the tiles update every hour, so they can differ slightly.

15 sold out of every 20 listed 5 didn't expired, withdrawn or canceled

Which pile do you want to be in?

Out of every 20 homes listed in Tarboro 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 18 days. Needed price cuts: 66 days, and sold for 90.5% of the first price.

What waiting costs

A typical $212,496 home, per month
Property taxes$158
Homeowners insurance$250
Upkeep$177
Utilities$250
Your mortgage paymentif you have one
About$832 + mortgage

About $832 every month the home sits — plus your mortgage payment.

Listings that didn't sell stayed on the market a median of 135 days — roughly $3,702 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.

An example, not a quote: Edgecombe County rate 0.89 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

24%

36 of about 150 before closing

Those homes that later sold

58%

39% never sold

Sold vs. first ask after a fall-through

93.1%

vs. 94.6% on the first contract

Days to sell after a fall-through

98

vs. 41 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 40% · cash 23% · VA 10% · FHA 23%.

If you're selling

  • Price it right from day one. The 43 homes priced right sold in a median 18 days.
  • Homes that needed price cuts took a median 66 days to sell, and sold at a median 90.5% of first ask.
  • Listings that never sold had a median 5.0% price cut and sat a median 135 days before they ended.
  • 1 in 4 contracts fell apart. Most often that's inspection, appraisal or financing issues, based on general industry experience. Get the house ready for inspection and check financing early.

If you're buying

  • Room to negotiate: 72% of homes sold below first ask.
  • Homes that sit: listings that never sold sat a median 135 days before they ended.
  • How buyers are paying: 40% conventional, 23% cash, 23% FHA, 10% VA.

Did you know?

  • For a typical home, estimated carrying costs run about $832 a month before mortgage.
  • For a home that stays unsold, estimated carrying costs before mortgage come to about $3,702.
  • Of contracts that fell apart, 58% later sold at a median 93.1% of first ask, while 39% never sold.

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

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

For sellers

Listings that didn't sell

27%

up 3.8 pts from a year ago

41 expired or canceled vs 114 sold

Sold vs. first asking price

94.6%

up 0.7 pts from a year ago

median sale price ÷ original list price

Sold below first asking

72%

share of homes that sold

Price cut on homes that didn't sell

5.0%

median — and they still didn't sell

For buyers

True days on market

49

up 11 days from a year ago

median for sold homes, counted from the first listing

Typical room below first ask

5.4%

how far under the original price homes sold

Didn't sell, then sold on a relist

17%

of listings that didn't sell the first time

Median sold price

$212K

up 11.8% from a year ago

114 homes sold

By starting price

First askingSoldDidn't sell% didn't sellTrue daysSold vs. first ask
Under $300K973024%4595.0%
$300–400K12320%8791.7%
$400–500K1267%6994.6%
$500–750K3563%15978.7%
$750K–1M100%10426.9%
$1M+01100%——

Tarboro housing market: quick answers

How long do homes take to sell in Tarboro?

Homes that sold in Tarboro over the last 12 months took a median of 49 days, counted from the day they were first listed (relists included). That's up 11 days from a year ago.

What do homes in Tarboro sell for compared to the asking price?

The median home in Tarboro sold for 94.6% of its first asking price in the last 12 months, and 72% of the homes that sold went for less than the original price. That's up 0.7 pts from a year ago.

What percentage of homes listed in Tarboro don't sell?

27% of homes listed in Tarboro over the last 12 months expired or were canceled without selling — about 1 in 4 (41 didn't sell vs 114 sold). That's up 3.8 pts from a year ago. The homes that didn't sell had already cut their price a median 5.0%.

What is the median sold price in Tarboro?

The median sold price in Tarboro over the last 12 months was $212,496, across 114 homes sold. That's up 11.8% from a year ago.

Where do these Tarboro housing market numbers come from?

Hive MLS listing and sales records for homes only (land excluded), covering the last 12 months and updated October 24, 2026. The figures refresh from the MLS every hour; "didn't sell" counts only expired and canceled listings. Compiled by Buddy Blake Team, Coldwell Banker Sea Coast Advantage.

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

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