The housing market in Carthage, NC is a thriving one with a median value of $277,700, which is consistently higher than the US median value of $338,100. This trend is reflected in the house appreciation rates over the past year, with Carthage experiencing an impressive 16.91% appreciation rate compared to 8.27% nationally. This makes Carthage a great place to invest in real estate and shows a healthy and robust housing market for the area.
The median home cost in Carthage is $277,700. Home appreciation the last 10 years has been 61.0%. Home Appreciation in Carthage is up 19.9%.
Average Age of Homes
- The median age of Carthage real estate is 37 years old
The Rental Market in Carthage
- Renters make up 32.0% of the Carthage population
- 3.2% of houses and apartments in Carthage, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.