Is South Carthage, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2022
At the same time last year, South Carthage was a Neutral Market.
Key Takeaway
South Carthage is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
How much do homes in South Carthage, TN cost?
Median Sold Price
$249,900
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2022
+$9,900(+4.1%)
Key Takeaway
Homes in South Carthage have sold for 4.1% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Feb 2022 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $169.2K | N/A |
| 3 Bedrooms | $240K | $250K | +4.2% |
| 4 Bedrooms | $272.4K | $298.4K | +9.5% |
| 5+ Bedrooms | - | - | N/A |
How many homes are available in South Carthage, TN?
Number of Homes For Sale
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 10 | 8 | -20.0% |
Homes For Sale By Bedroom Count
| # BEDS | Jan 2023 | Feb 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Number of Homes Sold
| Jan 2023 | Feb 2023 | % |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Carthage, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Average Sale Time
| Feb 2022 | Feb 2023 | % |
|---|---|---|
| 17 Days | 15 Days | -11.8% |
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Carthage are selling fast, if you're buying plan to act quickly.
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