Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 27817 · Chocowinity
October 19, 2026
(910) 395‑1000 · buddyblake.com
In Chocowinity's 27817, 29% of listings ended without a sale
Over the last 12 months, 101 homes ended in ZIP code 27817. 72 sold and 29 didn't, which is 1 in 3, and the rate was 29% the year before too. The median sold price was $400,000, and the typical home sold in 33 days at 95.5% of its 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 27817 · Chocowinity 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 The outlined ones expired, were withdrawn or were canceled.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 14 days. Needed price cuts: 50 days, and sold for 93.4% of the first price.
What waiting costs
| Property taxes | $148 |
| Homeowners insurance | $250 |
| Upkeep | $333 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $984 + mortgage |
About $984 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 163 days — roughly $5,258 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.
An example, not a quote: Beaufort County rate 0.445 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
23%
22 of about 94 before closing
Those homes that later sold
68%
32% never sold
Sold vs. first ask after a fall-through
91.9%
vs. 95.9% on the first contract
Days to sell after a fall-through
103
vs. 28 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 39% · cash 39% · VA 4% · FHA 15%.
If you're selling
- Price it right from day one. The 26 homes priced right sold in a typical 14 days. The 46 that needed cuts took 50 days and sold at 93.4% of asking.
- Small cuts don't fix a wrong price. Listings that never sold had a median cut of just 0.3% and sat a median 163 days. The $500–750K range struggled most, with 31% not selling. Under $300K did best, at 25%.
- Contracts fall apart in 1 in 4 cases here (23%). Most often it's inspection, appraisal or financing issues, based on general industry experience. Get ahead of them. After a fall-through, 68% later sold, at 91.9% of asking and in a median 103 days. 32% never sold. First contracts that held sold at 95.9% in 28 days.
- Waiting costs money. On a $400,000 home, carrying costs are estimated at about $984 a month before mortgage. About $5,258 is the estimated cost while a home sits unsold.
If you're buying
- You have room to negotiate. 82% of homes sold below their first asking price.
- Homes that sit are a signal. Listings that never sold sat a median 163 days with only a 0.3% median price cut, so a patient buyer may find flexibility on one that has lingered.
- You'll compete with a mix of payment types. Buyers paid cash 39% of the time and used conventional loans 39%. FHA was 15% and VA was 4%.
Did you know?
- Did you know? Of the contracts that fell apart in 27817, 68% later sold, but 32% never did.
- Did you know? A home that sells after a contract falls apart took a median 103 days, against 28 days for a first contract that held.
- Did you know? The share of listings that didn't sell was 29% this year and 29% the year before.
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For sellers
Listings that didn't sell
29%
about the same as a year ago
29 expired, withdrawn or canceled vs 72 sold
Sold vs. first asking price
95.5%
down 0.4 pts from a year ago
median sale price ÷ original list price
Sold below first asking
82%
share of homes that sold
Price cut on homes that didn't sell
0.3%
median — and they still didn't sell
For buyers
True days on market
33
down 9 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
4.5%
how far under the original price homes sold
Didn't sell, then sold on a relist
10%
of listings that didn't sell the first time
Median sold price
$400K
down 13.0% from a year ago
72 homes sold
The last 24 months
20% latest month · Sep 26
13 latest month · Sep 26
95.3% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 27 | 9 | 25% | 36 | 93.6% |
| $300–400K | 6 | 1 | 14% | 26 | 94.7% |
| $400–500K | 8 | 4 | 33% | 43 | 94.5% |
| $500–750K | 24 | 11 | 31% | 31 | 96.3% |
| $750K–1M | 4 | 1 | 20% | 34 | 97.7% |
| $1M+ | 3 | 3 | 50% | 168 | 94.4% |
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