Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 27880 · Sims
October 24, 2026
(910) 395‑1000 · buddyblake.com
One in seven listings in 27880 ended without selling
In the Sims area, ZIP 27880, 15% of listings ended without selling over the last 12 months, down from 25% the year before. The median sold price was $329,000, and the typical home sold in 45 days. Pricing right from the start made the biggest difference.
Summary written October 26, 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 27880 · Sims 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 32 days. Needed price cuts: 56 days, and sold for 93.2% of the first price.
What waiting costs
| Property taxes | $163 |
| Homeowners insurance | $250 |
| Upkeep | $274 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $942 + mortgage |
About $942 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 149 days — roughly $4,624 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.
An example, not a quote: Wilson County rate 0.595 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
16%
12 of about 77 before closing
Those homes that later sold
67%
25% never sold
Sold vs. first ask after a fall-through
95.5%
vs. 98.4% on the first contract
Days to sell after a fall-through
53
vs. 43 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 49% · cash 8% · VA 6% · FHA 34%.
If you're selling
- Price it right from day one. Homes priced right sold in a median 32 days. Homes that needed cuts took a median 56 days and still sold at a median 93.2% of asking.
- Waiting costs money. Listings that never sold had a median 2.1% price cut and sat a median 149 days before they ended.
- Contracts fall apart about 1 in 6 times here (16%). Most often that's inspection, appraisal or financing issues, based on general industry experience. Get those lined up before you list.
- After a contract fell apart, 67% of those homes later sold. Be ready to move again quickly.
If you're buying
- Room to negotiate: 66% of sold homes went for less than the first asking price. The median sale was 98.2% of first ask.
- Homes that sit: listings that never sold had sat a median 149 days before ending.
- How others are paying: 49% conventional, 34% FHA, 8% cash, 6% VA.
Did you know?
- Estimated carrying cost for a typical $329,000 home is about $942 a month before mortgage.
- Estimated carrying costs while a home stays unsold are about $4,624 before mortgage.
- The MLS does not record why contracts fell apart.
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For sellers
Listings that didn't sell
15%
down 10.5 pts from a year ago
11 expired or canceled vs 65 sold
Sold vs. first asking price
98.2%
about the same as 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
2.1%
median — and they still didn't sell
For buyers
True days on market
45
up 15 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
1.8%
how far under the original price homes sold
Didn't sell, then sold on a relist
46%
of listings that didn't sell the first time
Median sold price
$329K
down 22.6% from a year ago
65 homes sold
The last 23 months
20% latest month · Sep 26
29 latest month · Sep 26
100.0% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 19 | 2 | 10% | 22 | 99.6% |
| $300–400K | 29 | 5 | 15% | 55 | 97.3% |
| $400–500K | 12 | 4 | 25% | 60 | 95.2% |
| $500–750K | 4 | 0 | 0% | 31 | 100.0% |
| $1M+ | 1 | 0 | 0% | 77 | 94.7% |
ZIP 27880 · Sims housing market: quick answers
How long do homes take to sell in ZIP 27880 · Sims?
Homes that sold in ZIP 27880 · Sims over the last 12 months took a median of 45 days, counted from the day they were first listed (relists included). That's up 15 days from a year ago.
What do homes in ZIP 27880 · Sims sell for compared to the asking price?
The median home in ZIP 27880 · Sims sold for 98.2% of its first asking price in the last 12 months, and 66% of the homes that sold went for less than the original price. That's about the same as a year ago.
What percentage of homes listed in ZIP 27880 · Sims don't sell?
15% of homes listed in ZIP 27880 · Sims over the last 12 months expired or were canceled without selling — about 1 in 7 (11 didn't sell vs 65 sold). That's down 10.5 pts from a year ago. The homes that didn't sell had already cut their price a median 2.1%.
What is the median sold price in ZIP 27880 · Sims?
The median sold price in ZIP 27880 · Sims over the last 12 months was $329,000, across 65 homes sold. That's down 22.6% from a year ago.
Where do these ZIP 27880 · Sims housing market numbers come from?
Hive MLS listing and sales records for homes only (land excluded), covering the last 12 months and updated October 24, 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 October 24, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000