Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 27801 · Rocky Mount
October 24, 2026
(910) 395‑1000 · buddyblake.com
42% of 27801 listings ended without a sale this year.
ZIP 27801, the Rocky Mount area, had 194 listings end over the last 12 months, and 1 in 2 did not sell. That's up from 32% the year before. Typical sold homes took 42 days, and most sold below their first asking price.
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 27801 · Rocky Mount 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 14 days. Needed price cuts: 79 days, and sold for 85.5% of the first price.
What waiting costs
| Property taxes | $111 |
| Homeowners insurance | $250 |
| Upkeep | $125 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $736 + mortgage |
About $736 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 143 days — roughly $3,444 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.
An example, not a quote: Edgecombe County rate 0.89 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
36%
64 of about 177 before closing
Those homes that later sold
36%
59% never sold
Sold vs. first ask after a fall-through
87.7%
vs. 94.0% on the first contract
Days to sell after a fall-through
110
vs. 33 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 26% · cash 30% · VA 8% · FHA 27%.
If you're selling
- Price it right from day one. Homes priced right from the start sold in a median 14 days.
- Listings that needed price cuts took a median 79 days to sell, and sold at a median 85.5% of asking.
- Listings that never sold had a median price cut of 1.9% and sat a median 143 days before they ended.
- Contracts fell apart 36% of the time, about 1 in 3. Industry experience says inspection, appraisal or financing issues are the most common causes. Get your home ready so those don't surprise you.
If you're buying
- Room to negotiate: 75% of sold homes sold below first asking price, and the median sold price was $150,000.
- Some homes sit. 42% of listings ended without a sale, and those that never sold had a median price cut of 1.9%.
- Financing mix among buyers: 30% paid cash, 27% used FHA, 26% used conventional, and 8% used VA.
Did you know?
- Estimated carrying costs for a typical home are about $736 a month before mortgage.
- On a $150,000 example, estimated carrying costs while a home stays unsold are about $3,444 before mortgage.
- Homes that went under contract the first time sold at a median 94.0% of asking, in a median 33 days.
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For sellers
Listings that didn't sell
42%
up 9.6 pts from a year ago
81 expired or canceled vs 113 sold
Sold vs. first asking price
93.3%
up 2.5 pts from a year ago
median sale price ÷ original list price
Sold below first asking
75%
share of homes that sold
Price cut on homes that didn't sell
1.9%
median — and they still didn't sell
For buyers
True days on market
42
up 1 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
6.7%
how far under the original price homes sold
Didn't sell, then sold on a relist
11%
of listings that didn't sell the first time
Median sold price
$150K
up 9.9% from a year ago
113 homes sold
The last 24 months
25% latest month · Sep 26
72 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 | 105 | 76 | 42% | 43 | 93.2% |
| $300–400K | 6 | 4 | 40% | 33 | 97.9% |
| $400–500K | 1 | 0 | 0% | 5 | 97.9% |
| $500–750K | 0 | 1 | 100% | — | — |
| $750K–1M | 1 | 0 | 0% | 109 | 76.7% |
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