Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 28374 · Pinehurst
November 1, 2026
(910) 395‑1000 · buddyblake.com
Pinehurst area: 1 in 4 listings didn't sell last year
In ZIP 28374, the Pinehurst area, 761 listings ended in the last 12 months and 184 of them didn't sell. That's a 24% didn't-sell rate, up from 16% the year before. Pricing right from day one shows up clearly in the numbers here.
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 28374 · Pinehurst 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 11 days. Needed price cuts: 72 days, and sold for 92.4% of the first price.
What waiting costs
| Property taxes | $145 |
| Homeowners insurance | $250 |
| Upkeep | $492 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $1,138 + mortgage |
About $1,138 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 150 days — roughly $5,586 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
17%
113 of about 685 before closing
Those homes that later sold
61%
36% never sold
Sold vs. first ask after a fall-through
91.1%
vs. 96.7% on the first contract
Days to sell after a fall-through
109
vs. 33 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 40% · cash 44% · VA 12% · FHA 2%.
If you're selling
- Price it right from day one. Homes priced right sold in a median 10 days, and 258 homes did.
- Know your range. The $300–400K range had the highest didn't-sell rate at 32%.
- Waiting costs money. Listings that never sold sat a median 150 days and took a median price cut of 1.8%.
- Prepare for contract trouble. Contracts fell apart 1 in 6 times. Most often that's inspection, appraisal or financing issues, based on general industry experience.
If you're buying
- There's room to negotiate. 73% of homes sold below their first asking price, and the median sold at 96.1% of first ask.
- Some homes sit. Listings that never sold sat a median 150 days, so a buyer has time to look closely.
- Cash is common. 44% of buyers paid cash, 40% used conventional loans, 12% used VA and 2% used FHA.
Did you know?
- 1 in 4 listings in ZIP 28374 ended without selling, up from 16% the year before.
- Homes priced right sold in a median 10 days, compared with a median 73 days for homes that needed price cuts.
- After a contract fell apart, 63% of those homes later sold, and 35% never sold.
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For sellers
Listings that didn't sell
24%
up 5.3 pts from a year ago
181 expired or canceled vs 572 sold
Sold vs. first asking price
96.1%
down 1.3 pts from a year ago
median sale price ÷ original list price
Sold below first asking
73%
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
38
up 8 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
3.9%
how far under the original price homes sold
Didn't sell, then sold on a relist
24%
of listings that didn't sell the first time
Median sold price
$588K
up 5.1% from a year ago
572 homes sold
The last 24 months
35% latest month · Oct 26
55 latest month · Oct 26
95.6% latest month · Oct 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 17 | 8 | 32% | 63 | 94.9% |
| $300–400K | 60 | 29 | 33% | 47 | 95.4% |
| $400–500K | 105 | 35 | 25% | 41 | 95.9% |
| $500–750K | 164 | 39 | 19% | 35 | 96.2% |
| $750K–1M | 98 | 20 | 17% | 34 | 96.8% |
| $1M+ | 128 | 50 | 28% | 37 | 96.2% |
ZIP 28374 · Pinehurst housing market: quick answers
How long do homes take to sell in ZIP 28374 · Pinehurst?
Homes that sold in ZIP 28374 · Pinehurst over the last 12 months took a median of 38 days, counted from the day they were first listed (relists included). That's up 8 days from a year ago.
What do homes in ZIP 28374 · Pinehurst sell for compared to the asking price?
The median home in ZIP 28374 · Pinehurst sold for 96.1% of its first asking price in the last 12 months, and 73% of the homes that sold went for less than the original price. That's down 1.3 pts from a year ago.
What percentage of homes listed in ZIP 28374 · Pinehurst don't sell?
24% of homes listed in ZIP 28374 · Pinehurst over the last 12 months expired or were canceled without selling — about 1 in 4 (181 didn't sell vs 572 sold). That's up 5.3 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 28374 · Pinehurst?
The median sold price in ZIP 28374 · Pinehurst over the last 12 months was $587,500, across 572 homes sold. That's up 5.1% from a year ago.
Where do these ZIP 28374 · Pinehurst 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