Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 27896 · Wilson
October 24, 2026
(910) 395‑1000 · buddyblake.com
In 27896, 1 in 5 Wilson-area listings didn't sell
Over the last 12 months in ZIP code 27896 (Wilson area), 328 homes came off the market. 257 sold and 71 didn't, a 22% rate, up from 20% the year before. The typical home that sold went in 27 days at a median 97.2% of its first asking price, with a median sold price of $277,490.
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 27896 · Wilson 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 9 days. Needed price cuts: 82 days, and sold for 93.1% of the first price.
What waiting costs
| Property taxes | $138 |
| Homeowners insurance | $250 |
| Upkeep | $231 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $873 + mortgage |
About $873 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 176 days — roughly $5,035 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%
48 of about 307 before closing
Those homes that later sold
58%
35% never sold
Sold vs. first ask after a fall-through
93.8%
vs. 97.8% on the first contract
Days to sell after a fall-through
84
vs. 22 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 22% · VA 10% · FHA 15%.
If you're selling
- Price it right from day one. The 138 homes priced right sold in a typical 9 days. The 119 that needed price cuts took a typical 83 days and sold at 93.0% of asking.
- Higher price ranges struggle most. In $500–750K, 36% of listings didn't sell. Under $300K, it was 16%.
- Waiting costs money. On a typical home at $277,490, carrying costs are estimated at about $873 a month before mortgage. The estimated total while a home sits unsold is about $5,035. Listings that never sold sat a median 176 days, and the median price cut on them was only 2.8%.
- Contracts fall apart too: 16% did, about 1 in 6. Most often it's inspection, appraisal or financing issues, in general industry experience. Get ahead of them with a pre-listing check of the house and a buyer who is well qualified. A deal that fell apart and then sold took a typical 84 days and sold at 93.8%. A first contract that held took 22 days and sold at 97.8%.
If you're buying
- There is room to negotiate. 68% of homes sold below their first asking price, and the median was 97.2% of it.
- Homes that sit give you more leverage. The ones that needed cuts sold at 93.0% of asking, after a typical 83 days.
- Buyers pay in different ways here: 49% conventional, 22% cash, 15% FHA and 11% VA. Know your financing before you make an offer.
Did you know?
- Did you know? In 27896, homes priced right sold in a typical 9 days, while homes that needed cuts took a typical 83 days.
- Did you know? After a contract fell apart, 58% of those homes later sold, but 35% never sold.
- Did you know? In the $500–750K range, 36% of listings in 27896 ended without a sale. Under $300K, it was 16%.
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For sellers
Listings that didn't sell
21%
up 1.4 pts from a year ago
70 expired or canceled vs 259 sold
Sold vs. first asking price
97.3%
down 0.4 pts from a year ago
median sale price ÷ original list price
Sold below first asking
68%
share of homes that sold
Price cut on homes that didn't sell
2.7%
median — and they still didn't sell
For buyers
True days on market
27
down 3 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
2.7%
how far under the original price homes sold
Didn't sell, then sold on a relist
19%
of listings that didn't sell the first time
Median sold price
$275K
down 2.6% from a year ago
259 homes sold
The last 24 months
9% latest month · Sep 26
25 latest month · Sep 26
97.0% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 150 | 26 | 15% | 32 | 97.3% |
| $300–400K | 57 | 28 | 33% | 23 | 97.9% |
| $400–500K | 26 | 6 | 19% | 31 | 97.4% |
| $500–750K | 18 | 10 | 36% | 25 | 96.0% |
| $750K–1M | 6 | 0 | 0% | 11 | 97.6% |
| $1M+ | 2 | 0 | 0% | 26 | 96.6% |
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