Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 27504 · Benson
October 20, 2026
(910) 395‑1000 · buddyblake.com
In Benson's 27504, 1 in 2 listings didn't sell
In ZIP code 27504 (Benson area), 62 homes came off the market in the last 12 months. 34 sold and 28 didn't, a 45% didn't-sell rate, up from 22% the year before. Homes that sold took a median of 56 days and went for a median of 97.0% 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 ZIP 27504 · Benson 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 The outlined ones expired, were withdrawn or were canceled.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: 93 days, and sold for 93.6% of the first price.
What waiting costs
| Property taxes | $140 |
| Homeowners insurance | $250 |
| Upkeep | $269 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $911 + mortgage |
About $911 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 156 days — roughly $4,656 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.
An example, not a quote: Johnston County rate 0.52 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
17%
7 of about 42 before closing
Those homes that later sold
86%
14% never sold
Sold vs. first ask after a fall-through
92.4%
vs. 99.0% on the first contract
Days to sell after a fall-through
245
vs. 45 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 54% · cash 6% · VA 23% · FHA 17%.
If you're selling
- Price it right from day one. In the last 12 months, 17 homes priced right sold in a median of 36 days. Another 17 needed price cuts, took 93 days and sold at 93.6% of asking.
- Waiting costs money. Listings that never sold sat a median of 156 days. On a typical home at $322,940, carrying costs run an estimated $911 a month before the mortgage, and about $4,656 estimated while a home sits unsold.
- Expect some pushback on price. 74% of homes that sold went for less than the first asking price.
- About 1 in 6 contracts (17%) fell apart. In general industry experience, that most often means inspection, appraisal or financing issues. Get the home ready and your paperwork lined up before you list. Of those that fell apart, 86% sold later, but at 92.4% of asking and after 245 days. First-contract sales went at 98.4% in 47 days.
If you're buying
- You have room to negotiate. 74% of sold homes went below the first asking price, and the median sold at 97.0% of it.
- Homes that sit are common here. Listings that never sold sat a median of 156 days, so a long time on market is worth a closer look at the price.
- Buyers here pay in a mix of ways: 53% conventional, 24% VA, 18% FHA and 6% cash.
Did you know?
- The didn't-sell rate in 27504 was 45% over the last 12 months. The year before it was 22%.
- When a contract fell apart, 86% of those homes sold later and 14% never sold.
- The median sold price in 27504 over the last 12 months was $322,940.
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For sellers
Listings that didn't sell
44%
up 22.8 pts from a year ago
28 expired, withdrawn or canceled vs 35 sold
Sold vs. first asking price
97.0%
down 2.5 pts from a year ago
median sale price ÷ original list price
Sold below first asking
71%
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
55
up 10 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
3.0%
how far under the original price homes sold
Didn't sell, then sold on a relist
4%
of listings that didn't sell the first time
Median sold price
$323K
down 5.8% from a year ago
35 homes sold
The last 24 months
95% latest month · Sep 26
25 latest month · Sep 26
95.4% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 12 | 1 | 8% | 58 | 97.7% |
| $300–400K | 15 | 1 | 6% | 40 | 99.0% |
| $400–500K | 7 | 13 | 65% | 87 | 96.0% |
| $500–750K | 0 | 12 | 100% | — | — |
| $1M+ | 1 | 1 | 50% | 93 | 91.5% |
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 20, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000