Is Carthage, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Carthage has remained a Seller's Market.
Housing Prices in Carthage, MO
How much do homes in Carthage, MO cost?
Median Sold Price
$200,000
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Carthage was $200,000 in March 2024, up 15.4% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $70K | $171K | +144.3% |
2 Bedrooms | $117K | $126K | +7.7% |
3 Bedrooms | $173K | $200K | +15.6% |
4 Bedrooms | $223.7K | $290K | +29.6% |
5+ Bedrooms | $502.5K | $405K | -19.4% |
Summary: Carthage housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 144.3%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 29.6%, and 5+ bedroom homes decreased by 19.4%.
Median Sold Price Compared To Nearby Cities
Jackson Township | $225K | $272K | +20.9% |
Carthage | $173.3K | $200K | +15.4% |
Marion Township | $155.4K | $160K | +3.0% |
Housing Supply in Carthage, MO
How many homes are available in Carthage, MO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
87 | 107 | +23.0% |
Summary: The Carthage real estate market had 107 homes for sale in March 2024, a 23.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 20 | +66.7% |
3 Bedrooms | 44 | 54 | +22.7% |
4 Bedrooms | 18 | 21 | +16.7% |
5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The Carthage housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 22.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 30 | +200.0% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Carthage in March 2024, up by 200.0% month-over-month. Of the 30 sold homes, 73% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Carthage, MO
How long does it take to sell a home in Carthage, MO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
37 Days | 67 Days | +79.1% |
Summary: Homes in Carthage had an average of 67 days on market in Mar 2024, up by 79.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 30 homes were sold in Carthage; 23% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.