Is Carthage, MO 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, MO
How much do homes in Carthage, MO cost?
Median Sold Price
$200,333
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Carthage was $200,333 in April 2024, up 15.7% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $70K | $171K | +144.3% |
2 Bedrooms | $117K | $126K | +7.7% |
3 Bedrooms | $173K | $201.2K | +16.3% |
4 Bedrooms | $240K | $282.5K | +17.7% |
5+ Bedrooms | $490K | $405K | -17.3% |
Summary: Carthage housing prices by bedroom type for April 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 16.3%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes decreased by 17.3%.
Median Sold Price Compared To Nearby Cities
Jackson Township | $227K | $273.5K | +20.5% |
Union Township | $248.5K | $293.7K | +18.2% |
Carthage | $173.1K | $200.3K | +15.7% |
Marion Township | $153K | $165.2K | +8.0% |
Housing Supply in Carthage, MO
How many homes are available in Carthage, MO?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
101 | 85 | -15.8% |
Summary: The Carthage real estate market had 85 homes for sale in April 2024, a 15.8% 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 | 19 | 11 | -42.1% |
3 Bedrooms | 50 | 47 | -6.0% |
4 Bedrooms | 20 | 13 | -35.0% |
5+ Bedrooms | 12 | 14 | +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 decreased by 42.1%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 35%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 25 | -19.4% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Carthage in April 2024, down by 19.4% month-over-month. Of the 25 sold homes, 48% were sold under asking, 20% were sold at asking, and 32% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
56 Days | 76 Days | +36.9% |
Summary: Homes in Carthage had an average of 76 days on market in Apr 2024, up by 36.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 25 homes were sold in Carthage; 24% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.