$1,009 Closing Credit*
$85,000
600 SqFt
1 Bed
•1 Full Bath
Emily Lambert, Listing Office: Lake Ontario Realty, LLC
Is Carthage, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Carthage was a Neutral Market.
Key Takeaway
Carthage is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Carthage, NY
How much do homes in Carthage, NY cost?
Median Sold Price
$210,250
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,250(+20.1%)
Key Takeaway
Homes in Carthage have sold for 20.1% more than they did a year ago.
Summary: The median home sold price in Carthage was $210,250 in October 2024, up 20.1% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $85K | $142K | +67.1% |
| 2 Bedrooms | $100K | $116K | +16.0% |
| 3 Bedrooms | $169K | $214.4K | +26.9% |
| 4 Bedrooms | $222K | $204.4K | -7.9% |
| 5+ Bedrooms | $212K | $228.9K | +8.0% |
Summary: Carthage housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 67.1%, 2 bedroom homes increased by 16%, 3 bedroom homes increased by 26.9%, 4 bedroom homes decreased by 7.9%, and 5+ bedroom homes increased by 8%.
Housing Supply in Carthage, NY
How many homes are available in Carthage, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 76 | 76 | 0.0% |
Summary: The Carthage real estate market had 76 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 26 | 26 | 0.0% |
| 4 Bedrooms | 26 | 30 | +15.4% |
| 5+ Bedrooms | 18 | 15 | -16.7% |
Summary: The Carthage housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carthage, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Carthage in October 2024, up by 30.0% month-over-month. Of the 13 sold homes, 62% were sold under asking, 23% were sold at asking, and 15% were sold over asking.
Days on Market for Carthage, NY
How long does it take to sell a home in Carthage, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 42 Days | -2.1% |
Summary: Homes in Carthage had an average of 42 days on market in Oct 2024, down by 2.1% compared to last year.
Breakdown of Home Sale Times
7 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 October 2024, 13 homes were sold in Carthage; 54% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
