Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 27889 · Washington
October 24, 2026
(910) 395‑1000 · buddyblake.com
In 27889, 1 in 3 listings didn't sell this past year
Around Washington, ZIP 27889 saw 327 listings end in the last 12 months, and 98 of them didn't sell. That's a 30% rate, up from 23% the year before. Pricing right from day one is still the clearest way to avoid that outcome here.
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 27889 · Washington 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 13 days. Needed price cuts: 81 days, and sold for 90.9% of the first price.
What waiting costs
| Property taxes | $111 |
| Homeowners insurance | $250 |
| Upkeep | $248 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $862 + mortgage |
About $862 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 161 days — roughly $4,551 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
20%
58 of about 287 before closing
Those homes that later sold
57%
41% never sold
Sold vs. first ask after a fall-through
89.8%
vs. 96.2% on the first contract
Days to sell after a fall-through
112
vs. 27 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 48% · cash 33% · VA 10% · FHA 9%.
If you're selling
- Price it right from the start. Homes priced right drew a median 13 days on market, and 92 listings fell in that group.
- Watch the $500–750K range. It had the highest didn't-sell rate at 41%.
- Waiting costs money. Listings that never sold sat a median 161 days and took a median 4.0% price cut.
- Prepare for the contract. About 1 in 5 contracts fell apart, most often over inspection, appraisal or financing issues, based on general industry experience.
If you're buying
- There's room to negotiate. 76% of homes sold below their first asking price, and the median sold price was $298,000.
- Homes that sit can be a chance. Listings that never sold sat a median 161 days before they ended.
- Financing mix is varied. 48% of buyers used conventional loans, 33% paid cash, 10% used VA and 9% used FHA.
Did you know?
- Homes that sold went under contract in a median 35 days.
- Estimated carrying cost for a typical $298,000 home is about $862 a month before mortgage, and about $4,551 estimated while it sits unsold.
- Of listings whose contracts fell apart, 57% later sold, a median 112 days after the deal fell through.
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For sellers
Listings that didn't sell
30%
up 7.2 pts from a year ago
98 expired or canceled vs 229 sold
Sold vs. first asking price
95.9%
about the same as a year ago
median sale price ÷ original list price
Sold below first asking
76%
share of homes that sold
Price cut on homes that didn't sell
4.0%
median — and they still didn't sell
For buyers
True days on market
35
up 7 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
4.1%
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
$298K
up 4.6% from a year ago
229 homes sold
The last 24 months
42% latest month · Sep 26
78 latest month · Sep 26
96.4% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 102 | 27 | 21% | 26 | 95.9% |
| $300–400K | 58 | 29 | 33% | 35 | 96.8% |
| $400–500K | 29 | 13 | 31% | 54 | 94.4% |
| $500–750K | 26 | 18 | 41% | 59 | 95.1% |
| $750K–1M | 9 | 7 | 44% | 93 | 96.7% |
| $1M+ | 5 | 4 | 44% | 64 | 93.2% |
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