Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 28327 · Carthage
October 19, 2026
(910) 395‑1000 · buddyblake.com
In 28327, 1 in 5 homes didn't sell, and the $400–500K range struggled most
In ZIP code 28327 (Carthage area) over the last 12 months, 406 homes ended their listings. 321 sold and 85 didn't, which is 21%, or 1 in 5. Homes that sold typically went for 99.2% of the first asking price, with a median sold price of $479,410.
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 28327 · Carthage over the last 12 months, the solid houses sold. The outlined ones expired, were withdrawn or were canceled.
Priced right from day one: sold in a median 11 days. Needed price cuts: 71 days, and sold for 94.4% of the first price.
What waiting costs
| Property taxes | $118 |
| Homeowners insurance | $250 |
| Upkeep | $400 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $1,015 + mortgage |
About $1,015 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 108 days — roughly $3,595 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.
An example, not a quote: Moore County rate 0.295 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
14%
51 of about 372 before closing
Those homes that later sold
59%
37% never sold
Sold vs. first ask after a fall-through
97.2%
vs. 99.4% on the first contract
Days to sell after a fall-through
90
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 32% · cash 19% · VA 41% · FHA 6%.
If you're selling
- Price it right from day one. The 211 homes priced right sold in a median of 11 days. The 110 that needed price cuts took a median of 71 days and sold at a median of 94.4% of asking.
- Watch the $400–500K range. 26% of listings there didn't sell, the worst of any range. The $500–750K range did best at 18%.
- Waiting costs money. For a home at $479,410, estimated carrying costs before a mortgage are about $1,015 a month. Over the time an unsold listing sat, that came to about $3,595. This is an estimate for a typical home, not what any seller actually paid.
- Contracts fall apart about 13% of the time, or 1 in 7. The MLS doesn't record why. In general, it's most often inspection, appraisal or financing issues, so get the house ready and the paperwork in order before you list. A first contract typically closed in 22 days at a median of 99.4% of asking. After a contract fell through, homes typically took 90 days and sold at a median of 97.2%.
If you're buying
- Room to negotiate exists. 55% of homes sold below their first asking price, and the median home sold at 99.2% of it.
- Look hard at homes that sit. Listings that never sold sat a median of 108 days. Homes that needed price cuts sold at a median of 94.4% of asking.
- Buyers here pay in different ways: 41% used VA loans, 31% conventional, 19% cash and 7% FHA. A cash offer is not the only way to compete.
Did you know?
- Homes priced right from the start sold in a median of 11 days. Those that needed cuts took a median of 71 days.
- The share of listings that didn't sell was 21% this year, down from 23% the year before.
- After a contract fell apart, 60% of those homes later sold. 38% never sold.
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For sellers
Listings that didn't sell
21%
down 1.8 pts from a year ago
85 expired, withdrawn or canceled vs 321 sold
Sold vs. first asking price
99.2%
up 0.4 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
0.0%
median — and they still didn't sell
For buyers
True days on market
30
up 1 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
0.8%
how far under the original price homes sold
Didn't sell, then sold on a relist
28%
of listings that didn't sell the first time
Median sold price
$479K
up 7.7% from a year ago
321 homes sold
The last 24 months
21% latest month · Sep 26
17 latest month · Sep 26
99.7% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 47 | 12 | 20% | 65 | 96.0% |
| $300–400K | 52 | 12 | 19% | 28 | 99.4% |
| $400–500K | 78 | 28 | 26% | 33 | 98.9% |
| $500–750K | 117 | 26 | 18% | 22 | 100.0% |
| $750K–1M | 20 | 6 | 23% | 36 | 98.9% |
| $1M+ | 7 | 1 | 13% | 22 | 93.0% |
Homes only (land excluded), last 12 months unless noted. "Didn't sell" = listings that expired, were withdrawn or were canceled (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 19, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000