Housing in Carthage, IL is more affordable when compared to the rest of the United States. The median value of housing in Carthage is $93,000, while the US median housing value is $338,100, making the cost of living much lower. Although Carthage has a slightly lower 1 year house appreciation rate (7.86%) than the US 1 year house appreciation rate (8.27%), there is still an overall positive trend in housing prices and it remains a great place for anyone looking for more affordable housing options.
The median home cost in Carthage is $93,000. Home appreciation the last 10 years has been 45.4%. Home Appreciation in Carthage is up 14.9%.
Average Age of Homes
- The median age of Carthage real estate is 56 years old
The Rental Market in Carthage
- Renters make up 29.2% of the Carthage population
- 5.5% 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.