Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 27569 · Princeton
October 24, 2026
(910) 395‑1000 · buddyblake.com
In Princeton's 27569, 1 in 3 listings didn't sell
Over the last 12 months in ZIP code 27569 (Princeton area), 100 homes ended their listings and 30 of them didn't sell. That is 30%, or 1 in 3, up from 21% the year before. The median sold price was $339,650, and homes that sold took a typical 52 days.
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 27569 · Princeton 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 17 days. Needed price cuts: 113 days, and sold for 93.9% of the first price.
What waiting costs
| Property taxes | $147 |
| Homeowners insurance | $250 |
| Upkeep | $283 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $929 + mortgage |
About $929 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 228 days — roughly $6,943 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
8%
6 of about 74 before closing
Those homes that later sold
17%
83% never sold
Sold vs. first ask after a fall-through
88.7%
vs. 97.7% on the first contract
Days to sell after a fall-through
102
vs. 46 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 22% · cash 21% · VA 24% · FHA 28%.
If you're selling
- Price it right from day one. The 36 homes priced right sold in a typical 17 days. The 34 that needed cuts took 113 days and sold at a median 93.8% of asking.
- Under $300K is the toughest range here. 45% of those listings didn't sell. In the $300–400K range it was 26%.
- Waiting costs money. On a typical home at $339,650, carrying costs run about $929 a month before the mortgage, which is an estimate. Carrying a home through a listing that never sold works out to about $6,943 estimated.
- Contracts fell apart on 8% of homes, about 1 in 13. Causes aren't recorded, but in general experience it is most often inspection, appraisal or financing issues. Get ahead of those before you list. After a contract fell apart, 83% never sold.
If you're buying
- Most sellers here came down. 74% of homes sold below the first asking price, and the median sale was 97.1% of first ask. There is room to negotiate.
- Homes that sit are your best chance. Listings that needed cuts sold at a median 93.8% of asking after 113 days.
- Buyers are paying in different ways: FHA 27%, conventional 26%, VA 21% and cash 20%.
Did you know?
- Did you know? Listings in 27569 that never sold took a median price cut of 3.0% and sat a median 228 days.
- Did you know? A home that sold after its first contract fell apart went for a median 88.7% of asking and took 102 days. Homes that held their first contract sold at 97.2% in 50 days.
- Did you know? Only 17% of homes whose contracts fell apart later sold.
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For sellers
Listings that didn't sell
31%
up 10.2 pts from a year ago
30 expired or canceled vs 68 sold
Sold vs. first asking price
97.4%
down 1.6 pts from a year ago
median sale price ÷ original list price
Sold below first asking
74%
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
47
down 17 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
2.6%
how far under the original price homes sold
Didn't sell, then sold on a relist
20%
of listings that didn't sell the first time
Median sold price
$340K
up 6.2% from a year ago
68 homes sold
The last 23 months
40% latest month · Sep 26
91 latest month · Sep 26
97.9% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 16 | 13 | 45% | 56 | 94.0% |
| $300–400K | 37 | 14 | 28% | 50 | 97.7% |
| $400–500K | 11 | 1 | 8% | 21 | 99.8% |
| $500–750K | 2 | 2 | 50% | 113 | 98.0% |
| $750K–1M | 2 | 0 | 0% | 161 | 94.7% |
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