Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 27557 · Middlesex
October 19, 2026
(910) 395‑1000 · buddyblake.com
In Middlesex, 1 in 5 homes didn't sell, down from 26%
In ZIP code 27557 (Middlesex area) over the last 12 months, 64 homes ended their listings and 51 sold. The other 13 didn't sell, which is 20%, or 1 in 5, and that's better than 26% the year before. Typical days to sell was 52 days, and the median sold price was $302,000.
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 27557 · Middlesex 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 The outlined ones expired, were withdrawn or were canceled.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 30 days. Needed price cuts: 119 days, and sold for 92.6% of the first price.
What waiting costs
| Property taxes | $131 |
| Homeowners insurance | $250 |
| Upkeep | $252 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $887 + mortgage |
About $887 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 153 days — roughly $4,470 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
19%
12 of about 63 before closing
Those homes that later sold
83%
17% never sold
Sold vs. first ask after a fall-through
96.6%
vs. 100.0% on the first contract
Days to sell after a fall-through
98
vs. 35 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 69% · cash 4% · VA 4% · FHA 18%.
If you're selling
- Price it right from day one. The 32 homes that did sold in a typical 30 days. The 19 that needed price cuts took a typical 119 days and sold at a median 92.6% of asking.
- Small cuts made late don't fix it. Listings that never sold took a median price cut of just 3.0% and sat a median 153 days.
- Waiting costs money. On a typical $302,000 home, carrying costs are estimated at about $887 a month before the mortgage. About $4,470 is the estimated cost of a home sitting unsold.
- Contracts fall apart about 1 in 5 times here (19%). The MLS doesn't record why, but in general experience it's most often inspection, appraisal or financing issues. Get the home ready and the paperwork in order before you list.
If you're buying
- There's room to talk. 45% of homes sold below their first asking price, though the median home still sold at 100.0% of first ask.
- Homes that sit are where the leverage is. Listings that needed cuts sold at a median 92.6% of asking, and a contract that fell apart and then re-sold went at a median 96.6%.
- Most buyers here use a loan. 69% paid conventional, 18% FHA, 4% VA and 4% cash, so financing is the usual route.
Did you know?
- Homes that fell out of contract and later sold took a typical 98 days, against 35 days for homes that held their first contract.
- After a contract fell apart, 83% of those homes sold later and 17% never sold.
- Listings that never sold sat a median 153 days, while homes priced right from the start sold in a typical 30 days.
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For sellers
Listings that didn't sell
20%
down 5.4 pts from a year ago
13 expired, withdrawn or canceled vs 51 sold
Sold vs. first asking price
100.0%
up 0.7 pts from a year ago
median sale price ÷ original list price
Sold below first asking
45%
share of homes that sold
Price cut on homes that didn't sell
3.0%
median — and they still didn't sell
For buyers
True days on market
52
down 16 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
0%
of listings that didn't sell the first time
Median sold price
$302K
down 2.9% from a year ago
51 homes sold
The last 24 months
33% latest month · Sep 26
15 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 |
|---|---|---|---|---|---|
| Under $300K | 22 | 0 | 0% | 63 | 100.0% |
| $300–400K | 21 | 7 | 25% | 34 | 100.0% |
| $400–500K | 4 | 2 | 33% | 225 | 94.8% |
| $500–750K | 2 | 0 | 0% | 88 | 96.3% |
| $750K–1M | 1 | 2 | 67% | 183 | 83.5% |
| $1M+ | 1 | 2 | 67% | 19 | 90.9% |
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