Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: West New Bern, New Bern
October 19, 2026
(910) 395‑1000 · buddyblake.com
West New Bern: 1 in 8 homes didn't sell in the last 12 months
In the West New Bern neighborhood in New Bern, 65 homes ended their listings in the last 12 months. 57 sold and 8 didn't, which is 12%, up from 8% the year before. The median sold price was $350,000, and the typical home took 56 days to sell.
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 West New Bern, 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 The outlined ones expired, were withdrawn or were canceled.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 44 days. Needed price cuts: 171 days, and sold for 95.6% of the first price.
What waiting costs
| Property taxes | $130 |
| Homeowners insurance | $250 |
| Upkeep | $292 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $921 + mortgage |
About $921 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 120 days — roughly $3,607 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
11%
7 of about 64 before closing
Those homes that later sold
86%
14% never sold
Sold vs. first ask after a fall-through
98.0%
vs. 100.0% on the first contract
Days to sell after a fall-through
114
vs. 53 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 16% · cash 5% · VA 61% · FHA 18%.
If you're selling
- Price it right from day one. The 49 homes priced right sold in a typical 44 days. The 8 that needed price cuts took 171 days and sold at 95.6% of asking.
- Small cuts late don't fix it. Listings that never sold had a median price cut of just 0.7% and sat a median 120 days.
- Waiting costs money. On a $350,000 home, carrying costs before the mortgage run about $921 a month, an estimated $3,607 while a home goes unsold.
- Contracts fall apart about 1 in 8 times here. The MLS doesn't record why, but most often it's inspection, appraisal or financing issues. Get ahead of those before you list. Homes that went under contract again after a fall-through took a typical 73 days, against 51 days for a first contract.
If you're buying
- There's room to talk. 42% of homes sold below their first asking price, and the typical sale came in at 100.0% of the first ask.
- Watch the homes that sit. Listings that never sold sat a median 120 days, and the ones that needed cuts took a typical 171 days and sold at 95.6% of asking.
- VA loans led here at 61% of buyers. FHA and conventional were each 17%, and cash was 5%.
Did you know?
- Did you know? The share of West New Bern homes that didn't sell rose to 12% from 8% the year before.
- Did you know? Of the contracts that fell apart, 88% of those homes later sold, and they sold at 100.0% of asking.
- Did you know? Homes priced right in West New Bern sold in a typical 44 days, while homes that needed cuts took 171 days.
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For sellers
Listings that didn't sell
12%
up 4.4 pts from a year ago
8 expired, withdrawn or canceled vs 57 sold
Sold vs. first asking price
100.0%
about the same as a year ago
median sale price ÷ original list price
Sold below first asking
42%
share of homes that sold
Price cut on homes that didn't sell
0.7%
median — and they still didn't sell
For buyers
True days on market
56
about the same as 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
13%
of listings that didn't sell the first time
Median sold price
$350K
up 2.3% from a year ago
57 homes sold
The last 24 months
50% latest month · Sep 26
16 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 |
|---|---|---|---|---|---|
| $300–400K | 57 | 8 | 12% | 56 | 100.0% |
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