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Sarah Mitchell

CNESRESABR

Compass Real Estate · Carthage, NC

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Carthage, NC(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Carthage, NC Housing Market & Real Estate

Buyer's market+7.0% YoY

Housing market overview · Updated monthly ·

$380,000median sale price

How is the Carthage, NC housing market right now?

The median home sale price in Carthage, NC is $380,000, up 7.0% year-over-year. Homes sell in an average of 203 days with 45 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?

Buyer's market9.0 months of supply203 avg. days on market

Carthage, NC is currently a buyer's market, based on 9.0 months of supply and homes selling in about 203 days. How we determine this →

Homes sold

5

Last 12 weeks

Days on market

203

Average pace

Active listings

45

9.0 months supply

Sale-to-list

99.7%

Below asking

What does the Carthage housing market data show?

Current housing market statistics for Carthage, NC
MetricValue
Median sale price$380,000
Median list price$340,615
Year-over-year price change+7.0%
Average days on market203 days
Active inventory45 listings
Months of supply9.0 months
Sale-to-list price ratio99.7%
Median price per sq ft$161/sq ft
Homes sold (latest month)5
New listings (latest month)19
Listings with a price cut13.3%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Carthage by property type?

How the Carthage, NC market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Carthage, NC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$380,000$161/sq ft5203 days
Condo / Co-op$110,250$114/sq ft246 days
Townhouse$239,500$160/sq ft126 days

Source: Redfin · Updated monthly

The Carthage housing market is currently classified as a buyer's market with a median sale price of $380,000. Prices have risen 7.0% compared to last year, with homes spending an average of 203 days on market, indicating 9.0 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 5.6x provides context for how home values compare to local earning capacity.

Homes for sale in Carthage

There are currently 45 homes listed for sale in Carthage, North Carolina. The median listing price is $341K.

Active listings

45

Homes on market

Median list price

$341K

Avg. days on market

203

Days until sale

New this week

19

Newly listed

Price drops:13.3%of listings
Sale-to-list:99.7%

Who lives in Carthage?

Population

2,840

Median income

$62,177/yr

Median age

45.9 years

Owner-occupied

81.2%

College grads

28.0%

Avg commute

24.8 min

Source: U.S. Census Bureau ACS

What are homes worth in Carthage?

Zillow home value

$349,451

Zillow rent index

$2,041/mo

Price-to-rent ratio

14.3x

Price-to-income

5.6x

Source: Zillow Research

What is it like to live in Carthage?

Carthage is a community of approximately 3K residents with a median age of 45.9 years.The median household income is $62,177, which represents a working-class community with solid middle-income opportunities. 28.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 81.2%, reflecting strong community stability and long-term resident commitment. The average commute time is 24.8 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 · 1,308 students

The largest public schools serving Carthage, NC 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.

Crain's Creek Middle

Grades 6-8 · 496 students

Public

Sandhills Farm Life Elementary

Grades K-5 · 378 students

Public

Carthage Elementary

Grades PK-5 · 358 students

Public

The Community Learning Center @ Pinckney

Grades 6-12 · 76 students

Alternative

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, NC?

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 14.3x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 7.0% year-over-year, reflecting ongoing demand and value growth.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 $380,000, up 7.0% from last year.

How long do homes stay on market in Carthage?

Homes typically spend 203 days on market before going under contract.

What is the median income in Carthage?

The median household income is $62,177 per year.

Is Carthage a buyer's or seller's market?

With 9.0 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 $349,451, 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, NC is $110,250, compared to $380,000 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, NC is $380,000 (about $161 per square foot).

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