$2,351 Closing Credit*
$198,000
1,110 SqFt
3 Beds
•1 Full Bath
#100480880, Listing Office: Keller Williams Pinehurst
Is Carthage, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Carthage has remained a Buyer's Market.
Key Takeaway
Carthage is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Carthage, NC
How much do homes in Carthage, NC cost?
Median Sold Price
$435,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$65,000(+17.6%)
Key Takeaway
Homes in Carthage have sold for 17.6% more than they did a year ago.
Summary: The median home sold price in Carthage was $435,000 in November 2024, up 17.6% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $190K | -33.3% |
| 2 Bedrooms | $201.5K | $263.5K | +30.8% |
| 3 Bedrooms | $256.8K | $380.5K | +48.1% |
| 4 Bedrooms | $440K | $455K | +3.4% |
| 5+ Bedrooms | $495K | $503.7K | +1.8% |
Summary: Carthage housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 30.8%, 3 bedroom homes increased by 48.1%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 1.8%.
Median Sold Price Compared To Nearby Cities
| Carthage | $370K | $435K | +17.6% |
| Southern Pines | $506K | $549.2K | +8.5% |
| West End | $441K | $469.9K | +6.6% |
| Cameron | $332.1K | $335K | +0.8% |
Housing Supply in Carthage, NC
How many homes are available in Carthage, NC?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 91 | 100 | +9.9% |
Summary: The Carthage real estate market had 100 homes for sale in November 2024, a 9.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 21 | 24 | +14.3% |
| 3 Bedrooms | 34 | 33 | -2.9% |
| 4 Bedrooms | 29 | 35 | +20.7% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Carthage housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carthage, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Carthage in November 2024, up by 22.2% month-over-month. Of the 11 sold homes, 64% were sold under asking, 36% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 93 Days | 52 Days | -44.0% |
Summary: Homes in Carthage had an average of 52 days on market in Nov 2024, down by 44% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Carthage are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 11 homes were sold in Carthage; 45% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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