Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: ZIP 28570 · Newport
October 19, 2026
(910) 395‑1000 · buddyblake.com
In 28570, 1 in 4 homes that listed didn't sell
In ZIP code 28570 (Newport area), 345 homes ended their listings over the last 12 months. 260 sold and 85 didn't, a rate of 25%, up from 18% the year before. The typical home that sold took 38 days and went for 97.3% of its 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 28570 · Newport 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 The outlined ones expired, were withdrawn or were canceled.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 14 days. Needed price cuts: 80 days, and sold for 92.3% of the first price.
What waiting costs
| Property taxes | $72 |
| Homeowners insurance | $250 |
| Upkeep | $322 |
| Utilities | $250 |
| Your mortgage payment | if you have one |
| About | $899 + mortgage |
About $899 every month the home sits — plus your mortgage payment.
Listings that didn't sell stayed on the market a median of 146 days — roughly $4,318 in taxes, insurance, upkeep and utilities alone, and the home still didn't sell.
An example, not a quote: Carteret County rate 0.225 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
19%
61 of about 321 before closing
Those homes that later sold
56%
41% never sold
Sold vs. first ask after a fall-through
93.2%
vs. 97.6% on the first contract
Days to sell after a fall-through
95
vs. 30 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 39% · cash 25% · VA 21% · FHA 10%.
If you're selling
- Price it right from day one. The 134 homes priced right sold in a typical 14 days. The 126 that needed cuts took 80 days and sold at 92.3% of asking.
- Waiting costs money. On a home at $386,480, carrying costs before the mortgage run about $899 a month, estimated. A home that sits unsold could cost about $4,318 in that time.
- Watch your price range. $1M+ homes didn't sell 50% of the time. Under $300K was the easiest at 11%.
- Contracts fall apart too. 19% did, about 1 in 5, most often from inspection, appraisal or financing issues in general industry experience. Get the home ready and inspected up front so there are fewer surprises.
If you're buying
- There is room to negotiate. 64% of homes sold below their first asking price, and the median sold price was $386,480.
- Look hard at homes that have sat. Listings that never sold sat a median of 146 days, with a median price cut of 2.5%.
- Cash isn't the only way to buy here. 25% paid cash, 39% used conventional loans, 21% used VA and 10% used FHA.
Did you know?
- A home that sold after a first contract fell apart took a median of 95 days. A home that stayed with its first contract took 30 days.
- After a contract fell apart, 56% of those homes later sold and 41% never did.
- Homes that sold after a fall-through went for 93.2% of asking. First-contract sales went for 97.6%.
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For sellers
Listings that didn't sell
25%
up 6.9 pts from a year ago
85 expired, withdrawn or canceled vs 260 sold
Sold vs. first asking price
97.3%
down 1.0 pts from a year ago
median sale price ÷ original list price
Sold below first asking
64%
share of homes that sold
Price cut on homes that didn't sell
2.5%
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
2.7%
how far under the original price homes sold
Didn't sell, then sold on a relist
26%
of listings that didn't sell the first time
Median sold price
$386K
up 4.9% from a year ago
260 homes sold
The last 24 months
25% latest month · Sep 26
33 latest month · Sep 26
96.5% latest month · Sep 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 63 | 8 | 11% | 49 | 96.5% |
| $300–400K | 73 | 20 | 22% | 24 | 98.7% |
| $400–500K | 43 | 12 | 22% | 39 | 96.8% |
| $500–750K | 46 | 15 | 25% | 26 | 98.0% |
| $750K–1M | 20 | 15 | 43% | 70 | 95.7% |
| $1M+ | 15 | 15 | 50% | 46 | 97.2% |
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