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Featured local agent — Carthage, NY
Sarah Mitchell
Compass Real Estate · Carthage, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Carthage, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$210,000median sale price
How is the Carthage, NY housing market right now?
The median home sale price in Carthage, NY is $210,000, down 1.9% year-over-year. Homes sell in an average of 97 days with 27 active listings. The market is currently a buyer's market. (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, NY is currently a buyer's market, based on 4.5 months of supply and homes selling in about 97 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
97
Average pace
Active listings
27
4.5 months supply
Sale-to-list
94.6%
Below asking
What does the Carthage housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $210,000 |
| Median list price | $199,900 |
| Year-over-year price change | -1.9% |
| Average days on market | 97 days |
| Active inventory | 27 listings |
| Months of supply | 4.5 months |
| Sale-to-list price ratio | 94.6% |
| Median price per sq ft | $156/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 7 |
| Listings with a price cut | 18.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Carthage by property type?
How the Carthage, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $190,000 | $160/sq ft | 5 | 74 days |
| Condo / Co-op | $93,000 | $70/sq ft | 1 | 147 days |
| Townhouse | $280,000 | $50/sq ft | 1 | 432 days |
Source: Redfin · Updated monthly
The Carthage housing market is currently classified as a buyer's market with a median sale price of $210,000. Prices have fallen 1.9% compared to last year, with homes spending an average of 97 days on market, indicating 4.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.6x provides context for how home values compare to local earning capacity.
Homes for sale in Carthage
There are currently 27 homes listed for sale in Carthage, New York. The median listing price is $200K.
Active listings
27
Homes on market
Median list price
$200K
Avg. days on market
97
Days until sale
New this week
7
Newly listed
Who lives in Carthage?
Population
3,546
Median income
$58,356/yr
Median age
27.8 years
Owner-occupied
49.0%
College grads
19.0%
Avg commute
27.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Carthage?
Zillow home value
$207,387
Zillow rent index
$1,050/mo
Price-to-rent ratio
16.5x
Price-to-income
3.6x
Source: Zillow Research
What is it like to live in Carthage?
Carthage is a community of approximately 4K residents with a median age of 27.8 years.The median household income is $58,356, which represents a working-class community with solid middle-income opportunities. 19.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 49.0%, showing a blend of owner and renter-occupied properties. The average commute time is 27.8 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?
4 schools tracked · 2,569 students
The largest public schools serving Carthage, NY 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.
CARTHAGE MIDDLE SCHOOL
Grades 5-8 · 930 students
CARTHAGE SENIOR HIGH SCHOOL
Grades 9-12 · 845 students
CARTHAGE ELEMENTARY SCHOOL
Grades PK-4 · 404 students
WEST CARTHAGE ELEMENTARY SCHOOL
Grades PK-4 · 390 students
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, NY?
Want a head-to-head view? Compare Carthage side-by-side with any other U.S. city using our market-comparison tool.
Is Carthage a good real estate investment market?
For investors evaluating Carthage, the price-to-rent ratio of 16.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 1.9% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Carthage's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Carthage's median home price.
Frequently asked questions
What is the average home price in Carthage?
The median home sale price in Carthage is $210,000, down 1.9% from last year.
How long do homes stay on market in Carthage?
Homes typically spend 97 days on market before going under contract.
What is the median income in Carthage?
The median household income is $58,356 per year.
Is Carthage a buyer's or seller's market?
With 4.5 months of supply, Carthage is currently a buyer's market.
What is the Zillow home value estimate for Carthage?
The Zillow Home Value Index (ZHVI) for Carthage is $207,387, representing the typical home value in the area.
What is the median condo price in Carthage?
The median condo/co-op sale price in Carthage, NY is $93,000, compared to $190,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Carthage?
The median single-family home price in Carthage, NY is $190,000 (about $160 per square foot).
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