Is Carthage, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carthage is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Carthage was a Buyer's Market.

Key Takeaway

Carthage is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Carthage, NC cost?

Median Sold Price

$366,120

$145/sqft

Based on all homes sold in December 2022.

Difference Since Last Month

+$134,120(+57.8%)

Key Takeaway

Homes in Carthage have sold for 57.8% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSNov 2022Dec 2022%
1 --
N/A
2 $250K-
N/A
3 $207K$250K
+20.8%
4 -$388.4K
N/A
5+ -$366.1K
N/A

How many homes are available in Carthage, NC?

Number of Homes For Sale

Nov 2022Dec 2022%
3936-7.7%

Homes For Sale By Bedroom Count

# BEDSNov 2022Dec 2022%
1 22
0.0%
2 76
-14.3%
3 1310
-23.1%
4 910
+11.1%
5+ 88
0.0%

Number of Homes Sold

Nov 2022Dec 2022%
511+120.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carthage, expect to pay close to the asking price. 63.6% of homes here sold near the asking price last month.

Average Sale Time

Nov 2022Dec 2022%
45 Days18 Days-60.3%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Carthage are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Carthage, NC

Number of homes for sale in Carthage, NC real estate market have reached 36. In December 2022 in Carthage, NC there were 7.7% less homes for sale than in November 2022. The median list price of listings available in December 2022 was $366,120, while the average time on the real estate market was 18 days. Listing prices have changed in this real estate market between December 2021 and December 2022: prices of 1 bedroom properties increased by 0%, the cost of 2 bedrooms properties went up by 0%, 3 bedrooms properties became 20.8% more expensive, 4 bedrooms properties became 0% more expensive, the cost of 5 bedrooms properties went up by 0%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory decreased by 14.3%, volume of 3 bedrooms homes went down by 23.1%, volume of 4 bedrooms homes went up by 11.1%, the quantity of 5 bedrooms homes have not changed. While more than 0 listings in Carthage, NC in December 2022 were sold above asking price, there were more than 7 listings sold at asking price, and more than 4 were sold below.

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