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Featured local agent — Carthage, IL
Sarah Mitchell
Compass Real Estate · Carthage, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Carthage, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$99,000median sale price
How is the Carthage, IL housing market right now?
The median home sale price in Carthage, IL is $99,000, down 10.0% year-over-year. Homes sell in an average of 34 days with 7 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Carthage a buyer's or seller's market?
Carthage, IL is currently a leaning buyer's, based on 7.0 months of supply and homes selling in about 34 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
34
Average pace
Active listings
7
7.0 months supply
Sale-to-list
100.0%
Above asking
What does the Carthage housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $99,000 |
| Median list price | $119,900 |
| Year-over-year price change | -10.0% |
| Average days on market | 34 days |
| Active inventory | 7 listings |
| Months of supply | 7.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $72/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Listings with a price cut | 14.3% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Carthage by property type?
How the Carthage, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $99,000 | $72/sq ft | 1 | 34 days |
Source: Redfin · Updated monthly
The Carthage housing market is currently classified as a leaning buyer's with a median sale price of $99,000. Prices have fallen 10.0% compared to last year, with homes spending an average of 34 days on market, indicating 7.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 1.7x provides context for how home values compare to local earning capacity.
Market trends
Homes for sale in Carthage
There are currently 7 homes listed for sale in Carthage, Illinois. The median listing price is $120K.
Active listings
7
Homes on market
Median list price
$120K
Avg. days on market
34
Days until sale
New this week
1
Newly listed
Who lives in Carthage?
Population
2,508
Median income
$75,179/yr
Median age
46.1 years
Owner-occupied
71.5%
College grads
37.5%
Avg commute
18.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Carthage?
Zillow home value
$125,581
Price-to-income
1.7x
Source: Zillow Research
What is it like to live in Carthage?
Carthage is a community of approximately 3K residents with a median age of 46.1 years.The median household income is $75,179, which reflects a relatively affluent area with strong earning potential. 37.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 71.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 18.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Carthage offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Carthage?
6 schools tracked · 760 students
The largest public schools serving Carthage, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Illini West High School
Grades 9-12 · 334 students
Carthage Primary School
Grades PK-4 · 250 students
Carthage Middle School
Grades 5-8 · 176 students
ROYALS Academy Carthage
Grades 6-12
ROYALS RSSP Carthage
Grades 6-12
WCISEC HS MD
Grade range n/a
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Carthage, IL?
Want a head-to-head view? Compare Carthage side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Carthage?
The median home sale price in Carthage is $99,000, down 10.0% from last year.
How long do homes stay on market in Carthage?
Homes typically spend 34 days on market before going under contract.
What is the median income in Carthage?
The median household income is $75,179 per year.
Is Carthage a buyer's or seller's market?
With 7.0 months of supply, Carthage is currently a leaning buyer's.
What is the Zillow home value estimate for Carthage?
The Zillow Home Value Index (ZHVI) for Carthage is $125,581, representing the typical home value in the area.
How much does a single-family home cost in Carthage?
The median single-family home price in Carthage, IL is $99,000 (about $72 per square foot).
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