Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Tyler, Home on the Lake, New Bern
October 18, 2026
(910) 395‑1000 · buddyblake.com
Tyler, Home on the Lake: priced right sells in 29 days, not 133
In the Tyler, Home on the Lake neighborhood in New Bern, the 56 homes priced right from the start sold in a typical 29 days. The 15 that needed price cuts took a typical 133 days. Over the last 12 months, 71 of 76 homes sold, and the median sold price was $336,940.
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 Tyler, Home on the Lake, New Bern 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 The outlined ones expired, were withdrawn or were canceled.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 29 days. Needed price cuts: 133 days, and sold for 94.8% of the first price.
What waiting costs
| Property taxes | $125 |
| Homeowners insurance | $250 |
| Upkeep | $281 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $904 + mortgage |
About $904 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 146 days — roughly $4,341 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.
An example, not a quote: Craven County rate 0.4448 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
10%
8 of about 79 before closing
Those homes that later sold
88%
13% never sold
Sold vs. first ask after a fall-through
98.1%
vs. 100.0% on the first contract
Days to sell after a fall-through
63
vs. 37 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 47% · cash 3% · VA 32% · FHA 17%.
If you're selling
- Price it right from day one. Homes priced right sold in a typical 29 days. Homes that needed cuts took 133 days and sold at a median 94.8% of asking.
- The 5 homes that didn't sell sat a median 146 days. Their median price cut was only 1.7%.
- Waiting costs money. On a typical home at $336,940, carrying costs are estimated at about $904 a month before mortgage. While a home sits unsold, that's an estimated $4,341.
- About 1 in 10 contracts fell apart. Most often that's inspection, appraisal or financing issues, in general industry experience. Get repairs, paperwork and pricing in order before you list.
If you're buying
- 41% of homes sold below the first asking price. The typical home sold at 100.0% of first ask, so room to negotiate depends on the home.
- Homes that sit are where the room is. The ones that needed cuts sold at a median 94.8% of asking.
- Buyers paid in several ways: 47% conventional, 32% VA, 17% FHA and 3% cash.
Did you know?
- The share of homes that didn't sell here fell to 7%, about 1 in 15. The year before it was 13%.
- When a contract fell apart, 88% of those homes later sold. They took a typical 63 days, against 37 days for homes that kept their first contract.
- The median sold price in Tyler, Home on the Lake over the last 12 months was $336,940.
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For sellers
Listings that didn't sell
7%
down 6.1 pts from a year ago
5 expired, withdrawn or canceled vs 71 sold
Sold vs. first asking price
100.0%
up 3.0 pts from a year ago
median sale price ÷ original list price
Sold below first asking
41%
share of homes that sold
Price cut on homes that didn't sell
1.7%
median — and they still didn't sell
For buyers
True days on market
43
down 26 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
0.0%
how far under the original price homes sold
Didn't sell, then sold on a relist
40%
of listings that didn't sell the first time
Median sold price
$337K
up 3.0% from a year ago
71 homes sold
The last 23 months
0% latest month · Sep 26
21 latest month · Sep 26
100.6% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 2 | 0 | 0% | 38 | 97.5% |
| $300–400K | 68 | 5 | 7% | 40 | 100.0% |
| $400–500K | 1 | 0 | 0% | 63 | 77.6% |
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