Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 27828 · Farmville
November 1, 2026
(910) 395‑1000 · buddyblake.com
One in three Farmville-area listings ended without selling
In ZIP 27828, 35% of listings that ended in the last 12 months didn't sell, one in three. That's up from 28% the year before. Of the 133 listings that ended, 87 sold, and the typical sale took 74 days.
Summary written November 2, 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 27828 · Farmville 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 35 days. Needed price cuts: 102 days, and sold for 89.1% of the first price.
What waiting costs
| Property taxes | $137 |
| Homeowners insurance | $250 |
| Upkeep | $242 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $879 + mortgage |
About $879 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 115 days — roughly $3,323 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.
An example, not a quote: Pitt County rate 0.5663 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
26%
30 of about 117 before closing
Those homes that later sold
60%
40% never sold
Sold vs. first ask after a fall-through
93.9%
vs. 97.6% on the first contract
Days to sell after a fall-through
139
vs. 51 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 18% · VA 13% · FHA 25%.
If you're selling
- Price it right from day one. Homes priced right from the start typically sold in 35 days.
- Listings that needed price cuts typically took 102 days to sell, and sold at a median 89.1% of asking.
- Waiting costs money. Listings that never sold had a median price cut of 1.3% and sat a typical 115 days before ending.
- Contracts fell apart for 26% of listings, one in four. Most often that's inspection, appraisal or financing issues, based on general industry experience. Get the house ready for inspection and line up financing early.
If you're buying
- There's room to negotiate. The typical home sold at 97.0% of its first asking price, and 70% sold below first ask.
- The under-$300K range had the highest share of listings that didn't sell, at 38%. The $300–400K range was 24%.
- Buyers are paying in a mix of ways. Conventional was 39%, FHA 25%, cash 18%, and VA 13%.
Did you know?
- The median sold price in ZIP 27828 was $290,000.
- After a contract fell apart, 60% of those homes later sold, and 40% never sold.
- Estimated carrying costs for a typical $290,000 home are $879 a month before any mortgage, and $3,323 before mortgage while it sits unsold.
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For sellers
Listings that didn't sell
35%
up 6.2 pts from a year ago
46 expired or canceled vs 87 sold
Sold vs. first asking price
97.0%
down 0.6 pts from a year ago
median sale price ÷ original list price
Sold below first asking
70%
share of homes that sold
Price cut on homes that didn't sell
1.3%
median — and they still didn't sell
For buyers
True days on market
74
up 44 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
3.0%
how far under the original price homes sold
Didn't sell, then sold on a relist
15%
of listings that didn't sell the first time
Median sold price
$290K
up 16.0% from a year ago
87 homes sold
The last 24 months
30% latest month · Oct 26
134 latest month · Oct 26
96.8% latest month · Oct 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 42 | 26 | 38% | 55 | 91.8% |
| $300–400K | 35 | 11 | 24% | 127 | 98.7% |
| $400–500K | 9 | 6 | 40% | 51 | 97.7% |
| $500–750K | 1 | 2 | 67% | 29 | 97.0% |
| $1M+ | 0 | 1 | 100% | — | — |
ZIP 27828 · Farmville housing market: quick answers
How long do homes take to sell in ZIP 27828 · Farmville?
Homes that sold in ZIP 27828 · Farmville over the last 12 months took a median of 74 days, counted from the day they were first listed (relists included). That's up 44 days from a year ago.
What do homes in ZIP 27828 · Farmville sell for compared to the asking price?
The median home in ZIP 27828 · Farmville sold for 97.0% of its first asking price in the last 12 months, and 70% of the homes that sold went for less than the original price. That's down 0.6 pts from a year ago.
What percentage of homes listed in ZIP 27828 · Farmville don't sell?
35% of homes listed in ZIP 27828 · Farmville over the last 12 months expired or were canceled without selling — about 1 in 3 (46 didn't sell vs 87 sold). That's up 6.2 pts from a year ago. The homes that didn't sell had already cut their price a median 1.3%.
What is the median sold price in ZIP 27828 · Farmville?
The median sold price in ZIP 27828 · Farmville over the last 12 months was $290,000, across 87 homes sold. That's up 16.0% from a year ago.
What is my home worth in ZIP 27828 · Farmville?
The median home in ZIP 27828 · Farmville sold for $290,000 over the last 12 months (87 sales), up about 16.0% from $250,000 the prior 12 months. Your property's value depends on its size, condition, lot and street, and online estimates often disagree by a wide margin. Enter your address under "What's my home worth?" on the homepage to see what's for sale, under contract and sold around you, or call for a price built from the homes that actually compete with yours.
Are home prices in ZIP 27828 · Farmville going down?
No — not at the median. Homes in ZIP 27828 · Farmville sold for a median of $290,000 in the last 12 months, up about 16.0% from $250,000 the prior 12 months. More homes sold (87 vs 63), and the median time on the market went from 30 to 74 days. Prices move differently by neighborhood and price range, so check the band your home falls in below.
Where do these ZIP 27828 · Farmville housing market numbers come from?
Hive MLS listing and sales records for homes only (land excluded), covering the last 12 months and updated November 1, 2026. The figures refresh from the MLS every hour; "didn't sell" counts only expired and canceled listings. Compiled by Buddy Blake Team, Coldwell Banker Sea Coast Advantage.
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 November 1, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000