Is Carthage, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Carthage has remained a Seller's Market.
Housing Prices in Carthage, NC
How much do homes in Carthage, NC cost?
Median Sold Price
$399,966
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Carthage was $399,966 in April 2024, up 8.7% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $285K | $190K | -33.3% |
2 Bedrooms | $265K | $202.2K | -23.7% |
3 Bedrooms | $270K | $315K | +16.6% |
4 Bedrooms | $412K | $459.9K | +11.6% |
5+ Bedrooms | $442K | $514.9K | +16.5% |
Summary: Carthage housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 23.7%, 3 bedroom homes increased by 16.6%, 4 bedroom homes increased by 11.6%, and 5+ bedroom homes increased by 16.5%.
Median Sold Price Compared To Nearby Cities
West End | $409.9K | $475K | +15.9% |
Southern Pines | $462.1K | $525K | +13.6% |
Carthage | $368K | $399.9K | +8.7% |
Cameron | $312K | $326K | +4.5% |
Housing Supply in Carthage, NC
How many homes are available in Carthage, NC?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
122 | 112 | -8.2% |
Summary: The Carthage real estate market had 112 homes for sale in April 2024, a 8.2% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 20 | 21 | +5.0% |
3 Bedrooms | 42 | 42 | 0.0% |
4 Bedrooms | 42 | 34 | -19.0% |
5+ Bedrooms | 18 | 15 | -16.7% |
Summary: The Carthage housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 19%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 27 | +3.8% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Carthage in April 2024, up by 3.8% month-over-month. Of the 27 sold homes, 37% were sold under asking, 48% were sold at asking, and 15% were sold over asking.
Days on Market for Carthage, NC
How long does it take to sell a home in Carthage, NC?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
72 Days | 104 Days | +43.3% |
Summary: Homes in Carthage had an average of 104 days on market in Apr 2024, up by 43.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in Carthage; 48% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 48% of homes were sold over 90 days.