Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 27576 · Selma
October 24, 2026
(910) 395‑1000 · buddyblake.com
In 27576, 1 in 7 listings didn't sell in the last 12 months
Of 154 listings that ended in the last 12 months, 131 sold and 23 didn't. That's 15% not selling, down from 24% the year before. Homes that sold took a median 91 days.
Summary written October 25, 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 27576 · Selma 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 67 days. Needed price cuts: 115 days, and sold for 94.8% of the first price.
What waiting costs
| Property taxes | $143 |
| Homeowners insurance | $250 |
| Upkeep | $275 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $918 + mortgage |
About $918 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 260 days — roughly $7,835 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
7%
10 of about 142 before closing
Those homes that later sold
80%
20% never sold
Sold vs. first ask after a fall-through
97.3%
vs. 97.7% on the first contract
Days to sell after a fall-through
94
vs. 93 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 42% · cash 12% · VA 19% · FHA 21%.
If you're selling
- Price it right from day one. Listings priced right from the start had a median 67 days to sell.
- The $300–400K range struggles most, with 15% not selling. Under $300K is the strongest, at 9%.
- Waiting costs money. Listings that never sold sat a median 260 days. Estimated carrying costs are about $918 a month before mortgage for a typical home.
- Contracts fall apart in about 1 in 14 cases (7%). Most often that's inspection, appraisal or financing issues, based on general industry experience. Get your home ready for inspection before you list.
If you're buying
- There's room to negotiate. 66% of homes sold below their first asking price, and the median sold price was 97.6% of first ask.
- Homes in the $300–400K range are where listings sit longest, with 15% not selling. Under $300K had 9%.
- Buyers are paying a mix of ways. 42% used conventional loans, 21% FHA, 19% VA, and 12% paid cash.
Did you know?
- The median sold price in 27576 was $329,706.
- When a contract fell apart, 80% of those homes later sold, at a median 97.3% of first ask.
- Homes that sold in 27576 took a median 91 days to sell.
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For sellers
Listings that didn't sell
15%
down 9.3 pts from a year ago
23 expired or canceled vs 131 sold
Sold vs. first asking price
97.6%
down 1.4 pts from a year ago
median sale price ÷ original list price
Sold below first asking
66%
share of homes that sold
Price cut on homes that didn't sell
0.1%
median — and they still didn't sell
For buyers
True days on market
91
up 39 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
2.4%
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
$330K
about the same as a year ago
131 homes sold
The last 24 months
21% latest month · Sep 26
87 latest month · Sep 26
98.0% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 41 | 4 | 9% | 47 | 96.7% |
| $300–400K | 77 | 14 | 15% | 154 | 98.6% |
| $400–500K | 8 | 3 | 27% | 82 | 97.6% |
| $500–750K | 5 | 2 | 29% | 55 | 96.4% |
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