Market insights

What really happens to homes listed in ZIP 28544 · Midway Park

The numbers most home sites don't show: how many listings never sell, how long homes really take, and what they sell for against the first asking price.

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Buddy Blake Team · Coldwell Banker Sea Coast Advantage

Market insights: ZIP 28544 · Midway Park

November 1, 2026
(910) 395‑1000 · buddyblake.com

In 28544, 1 in 8 listings didn't sell in the last 12 months

In the Midway Park area, 60 of 69 listings sold over the last 12 months. The didn't-sell rate was 13%, down from 15% the year before. Homes priced right from the start sold in a typical 17 days, and the ones that needed cuts took a typical 34 days.

Summary written October 29, 2026 from that day's numbers. The figures in the tiles update every hour, so they can differ slightly.

17 sold out of every 20 listed 3 didn't expired, withdrawn or canceled

Which pile do you want to be in?

Out of every 20 homes listed in ZIP 28544 · Midway Park 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 17 days. Needed price cuts: 34 days, and sold for 92.2% of the first price.

What waiting costs

A typical $205,000 home, per month
Property taxes$112
Homeowners insurance$250
Upkeep$171
Utilities$250
Your mortgage paymentif you have one
About$782 + mortgage

About $782 every month the home sits — plus your mortgage payment.

Listings that didn't sell stayed on the market a median of 113 days — roughly $2,922 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.

An example, not a quote: Onslow County rate 0.655 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%

10 of about 70 before closing

Those homes that later sold

70%

30% never sold

Sold vs. first ask after a fall-through

100.0%

vs. 98.7% on the first contract

Days to sell after a fall-through

56

vs. 15 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 7% · cash 12% · VA 57% · FHA 15%.

If you're selling

  • Price it right from day one. Homes priced right from the start typically sold in 17 days.
  • Waiting costs money. Listings that never sold typically sat 113 days, and the median price cut on them was 0.7%.
  • Homes that needed price cuts typically took 34 days to sell, and sold at 92.2% of asking.
  • Contracts fell apart 14% of the time, about 1 in 7. In general industry experience, that most often comes from inspection, appraisal or financing issues, so get a pre-inspection and documented financing before you list.

If you're buying

  • There is room to negotiate. 52% of homes sold below their first asking price, and the typical sale was 99.5% of first ask.
  • Most buyers here used VA loans, at 57%. FHA was 15%, cash was 12% and conventional was 7%.
  • Some homes do sit. 9 listings ended without a sale, so a home that has been on the market a while may be worth a closer look.

Did you know?

  • 60 of 69 listings sold in the Midway Park area in the last 12 months.
  • The didn't-sell rate fell from 15% the year before to 13% in the latest 12 months.
  • 70% of contracts that fell apart later sold, and those sold at a typical 100.0% of asking after a typical 56 days.

For sellers

Listings that didn't sell

16%

down 0.9 pts from a year ago

11 expired or canceled vs 60 sold

Sold vs. first asking price

99.5%

about the same as a year ago

median sale price ÷ original list price

Sold below first asking

52%

share of homes that sold

Price cut on homes that didn't sell

0.8%

median — and they still didn't sell

For buyers

True days on market

20

up 8 days from a year ago

median for sold homes, counted from the first listing

Typical room below first ask

0.5%

how far under the original price homes sold

Didn't sell, then sold on a relist

0%

of listings that didn't sell the first time

Median sold price

$205K

down 1.2% from a year ago

60 homes sold

By starting price

First askingSoldDidn't sell% didn't sellTrue daysSold vs. first ask
Under $300K60812%2099.5%
$300–400K02100%——
$400–500K01100%——

ZIP 28544 · Midway Park housing market: quick answers

How long do homes take to sell in ZIP 28544 · Midway Park?

Homes that sold in ZIP 28544 · Midway Park over the last 12 months took a median of 20 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 28544 · Midway Park sell for compared to the asking price?

The median home in ZIP 28544 · Midway Park sold for 99.5% of its first asking price in the last 12 months, and 52% 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 28544 · Midway Park don't sell?

16% of homes listed in ZIP 28544 · Midway Park over the last 12 months expired or were canceled without selling — about 1 in 6 (11 didn't sell vs 60 sold). That's down 0.9 pts from a year ago. The homes that didn't sell had already cut their price a median 0.8%.

What is the median sold price in ZIP 28544 · Midway Park?

The median sold price in ZIP 28544 · Midway Park over the last 12 months was $205,000, across 60 homes sold. That's down 1.2% from a year ago.

What is my home worth in ZIP 28544 · Midway Park?

The median home in ZIP 28544 · Midway Park sold for $205,000 over the last 12 months (60 sales), down about 1.2% from $207,500 the prior 12 months. Your property's value depends on its size, condition, lot and street, and online estimates often disagree by a wide margin. Enter your address under "What's my home worth?" on the homepage to see what's for sale, under contract and sold around you, or call for a price built from the homes that actually compete with yours.

Are home prices in ZIP 28544 · Midway Park going down?

At the median, yes. Homes in ZIP 28544 · Midway Park sold for a median of $205,000 in the last 12 months, down about 1.2% from $207,500 the prior 12 months. More homes sold (60 vs 56), and the median time on the market went from 12 to 20 days. Prices move differently by neighborhood and price range, so check the band your home falls in below.

Where do these ZIP 28544 · Midway Park 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

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