Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 28562 · New Bern
October 19, 2026
(910) 395‑1000 · buddyblake.com
1 in 7 listings in ZIP 28562 didn't sell, up from 11%
In ZIP code 28562 (New Bern area), 153 of 1,002 homes that came off the market in the last 12 months didn't sell. That is 15%, or 1 in 7, up from 11% the year before. The homes that sold took a typical 39 days and went for 98.6% of the first asking price.
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 28562 · New Bern 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 The outlined ones expired, were withdrawn or were canceled.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 21 days. Needed price cuts: 85 days, and sold for 92.9% of the first price.
What waiting costs
| Property taxes | $128 |
| Homeowners insurance | $250 |
| Upkeep | $287 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $915 + mortgage |
About $915 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 104 days — roughly $3,115 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.
An example, not a quote: Craven County rate 0.4448 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%
177 of about 1,026 before closing
Those homes that later sold
73%
22% never sold
Sold vs. first ask after a fall-through
95.8%
vs. 98.9% on the first contract
Days to sell after a fall-through
92
vs. 34 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 33% · cash 22% · VA 36% · FHA 8%.
If you're selling
- Price it right from day one. The 555 homes priced right sold in a typical 21 days. The 294 that needed price cuts sat a typical 85 days and sold at 92.9% of asking.
- Know your price range. Homes at $750K–1M didn't sell 34% of the time. At $300–400K it was 11%. The higher you go, the less room for a miss.
- Waiting costs money. On a typical $344,000 home, carrying costs are estimated at about $915 a month before mortgage, and about $3,115 while it sits unsold. The listings that never sold sat a median 104 days and cut price only 1.3%.
- Expect contracts to wobble. 17% fell apart, about 1 in 6. The MLS doesn't record why, but most often it's inspection, appraisal or financing issues. Get ahead of them with repairs done and paperwork ready. Homes that sold after a fall-through took a typical 92 days and sold at 95.8% of asking, versus 34 days and 98.9% for a first contract.
If you're buying
- You have room to talk. 59% of homes sold below the first asking price, and the median sale came in at 98.6% of it.
- Homes that sit are worth a look. Listings that never sold sat a median 104 days, and a typical price cut of 1.3% wasn't enough to move them.
- Here is how others are paying: 36% VA, 34% conventional, 22% cash and 8% FHA. Have your financing lined up before you write an offer.
Did you know?
- Did you know? 73% of contracts that fell apart in 28562 later sold anyway, while 22% never sold.
- Did you know? The median sold price in ZIP 28562 over the last 12 months was $344,000.
- Did you know? $300–400K was the best-performing range at 11% not selling, while $750K–1M was the toughest at 34%.
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For sellers
Listings that didn't sell
15%
up 4.0 pts from a year ago
153 expired, withdrawn or canceled vs 849 sold
Sold vs. first asking price
98.6%
down 0.4 pts from a year ago
median sale price ÷ original list price
Sold below first asking
59%
share of homes that sold
Price cut on homes that didn't sell
1.3%
median — and they still didn't sell
For buyers
True days on market
39
up 12 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
1.4%
how far under the original price homes sold
Didn't sell, then sold on a relist
17%
of listings that didn't sell the first time
Median sold price
$344K
about the same as a year ago
849 homes sold
The last 24 months
18% latest month · Sep 26
29 latest month · Sep 26
97.7% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 247 | 35 | 12% | 23 | 98.2% |
| $300–400K | 330 | 40 | 11% | 44 | 99.9% |
| $400–500K | 147 | 34 | 19% | 49 | 98.6% |
| $500–750K | 96 | 27 | 22% | 50 | 96.9% |
| $750K–1M | 21 | 11 | 34% | 67 | 96.3% |
| $1M+ | 8 | 6 | 43% | 35 | 91.1% |
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