Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 27837 · Grimesland
November 1, 2026
(910) 395‑1000 · buddyblake.com
Grimesland area: 1 in 6 listings ended without selling
In ZIP 27837, 15% of listings ended without selling over the last 12 months, up from 10% the year before. Homes that did sell took a median 55 days, and most sold below their first asking price.
Summary written November 1, 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 27837 · Grimesland 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 29 days. Needed price cuts: 86 days, and sold for 92.2% of the first price.
What waiting costs
| Property taxes | $185 |
| Homeowners insurance | $250 |
| Upkeep | $327 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $1,013 + mortgage |
About $1,013 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 123 days — roughly $4,084 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
13%
22 of about 166 before closing
Those homes that later sold
64%
32% never sold
Sold vs. first ask after a fall-through
92.3%
vs. 99.5% on the first contract
Days to sell after a fall-through
181
vs. 52 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 53% · cash 22% · VA 5% · FHA 20%.
If you're selling
- Price it right from day one. Homes priced right sold in a median 29 days, while homes that needed cuts took a median 87 days.
- Listings that never sold had a median price cut of 1.6% and sat a median 123 days before ending.
- If a contract falls apart, 65% of those homes later sold, but 30% never did. Those took a median 153 days, compared with 53 days for a first contract.
- Expect a contract to fall apart about 1 in 7 times. Most often that is inspection, appraisal or financing issues, based on general industry experience. Get your house ready for inspection and make sure your appraisal expectations are realistic.
If you're buying
- Room to negotiate: 55% of homes sold below their first asking price, and the median sold price was 98.9% of first ask.
- Homes can sit. Listings that never sold had been on the market a median 123 days before ending.
- Buyers in this area are paying conventional (52%), FHA (20%), cash (22%) and VA (5%).
Did you know?
- Did you know the median sold price in ZIP 27837 was $391,900?
- Did you know the estimated monthly carrying cost for a typical home is $1,013 before mortgage?
- Did you know a home that sits unsold can cost about $4,084 in estimated carrying costs before mortgage?
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For sellers
Listings that didn't sell
14%
up 2.0 pts from a year ago
24 expired or canceled vs 144 sold
Sold vs. first asking price
98.9%
down 1.1 pts from a year ago
median sale price ÷ original list price
Sold below first asking
55%
share of homes that sold
Price cut on homes that didn't sell
1.7%
median — and they still didn't sell
For buyers
True days on market
55
up 5 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
1.1%
how far under the original price homes sold
Didn't sell, then sold on a relist
17%
of listings that didn't sell the first time
Median sold price
$393K
up 0.9% from a year ago
144 homes sold
The last 24 months
25% latest month · Oct 26
4 latest month · Oct 26
99.6% latest month · Oct 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 34 | 5 | 13% | 7 | 98.7% |
| $300–400K | 34 | 2 | 6% | 163 | 97.4% |
| $400–500K | 44 | 9 | 17% | 73 | 100.0% |
| $500–750K | 25 | 4 | 14% | 43 | 100.0% |
| $750K–1M | 3 | 0 | 0% | 56 | 91.0% |
| $1M+ | 4 | 4 | 50% | 114 | 93.4% |
ZIP 27837 · Grimesland housing market: quick answers
How long do homes take to sell in ZIP 27837 · Grimesland?
Homes that sold in ZIP 27837 · Grimesland over the last 12 months took a median of 55 days, counted from the day they were first listed (relists included). That's up 5 days from a year ago.
What do homes in ZIP 27837 · Grimesland sell for compared to the asking price?
The median home in ZIP 27837 · Grimesland sold for 98.9% of its first asking price in the last 12 months, and 55% of the homes that sold went for less than the original price. That's down 1.1 pts from a year ago.
What percentage of homes listed in ZIP 27837 · Grimesland don't sell?
14% of homes listed in ZIP 27837 · Grimesland over the last 12 months expired or were canceled without selling — about 1 in 7 (24 didn't sell vs 144 sold). That's up 2.0 pts from a year ago. The homes that didn't sell had already cut their price a median 1.7%.
What is the median sold price in ZIP 27837 · Grimesland?
The median sold price in ZIP 27837 · Grimesland over the last 12 months was $392,650, across 144 homes sold. That's up 0.9% from a year ago.
What is my home worth in ZIP 27837 · Grimesland?
The median home in ZIP 27837 · Grimesland sold for $392,650 over the last 12 months (144 sales), about the same as 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 27837 · Grimesland going down?
Not meaningfully. Homes in ZIP 27837 · Grimesland sold for a median of $392,650 in the last 12 months, about the same as the prior 12 months. More homes sold (144 vs 128), and the median time on the market went from 50 to 55 days. Prices move differently by neighborhood and price range, so check the band your home falls in below.
Where do these ZIP 27837 · Grimesland 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