$1,899 Closing Credit*
$159,900
1,300 SqFt
2 Beds
•1 Full Bath
Joshua Kirby, Listing Office: Blackwell Realty and Auction
Is Carthage, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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, TN
How much do homes in Carthage, TN cost?
Median Sold Price
$290,000
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+11.5%)
Key Takeaway
Homes in Carthage have sold for 11.5% more than they did a year ago.
Summary: The median home sold price in Carthage was $290,000 in October 2024, up 11.5% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $269.9K | $227.4K | -15.7% |
| 2 Bedrooms | $188K | $230K | +22.3% |
| 3 Bedrooms | $287.4K | $295K | +2.6% |
| 4 Bedrooms | $289.9K | $343K | +18.3% |
| 5+ Bedrooms | $426K | $350K | -17.8% |
Summary: Carthage housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 15.7%, 2 bedroom homes increased by 22.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 18.3%, and 5+ bedroom homes decreased by 17.8%.
Housing Supply in Carthage, TN
How many homes are available in Carthage, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 55 | +1.9% |
Summary: The Carthage real estate market had 55 homes for sale in October 2024, a 1.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 5 | 10 | +100.0% |
| 3 Bedrooms | 41 | 38 | -7.3% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
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 increased by 100%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Carthage, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Carthage in October 2024, down by 12.5% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for Carthage, TN
How long does it take to sell a home in Carthage, TN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 30 Days | -29.0% |
Summary: Homes in Carthage had an average of 30 days on market in Oct 2024, down by 29% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 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, 7 homes were sold in Carthage; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.