Carthage, MO has an impressive housing market with a median value of $161,000. This is more than half the national median value of $338,100, showing that Carthage is a great place to find a good deal on a house. The US housing markets have seen an appreciation rate of 8.27% in the past year, however the rate in Carthage has been even higher at 15.13%. This shows there is ample opportunity for growth and potential for those who choose to purchase homes in the area. With these advantages, Carthage could be an ideal place to invest and purchase homes.
The median home cost in Carthage is $161,000. Home appreciation the last 10 years has been 65.1%. Home Appreciation in Carthage is up 18.1%.
Average Age of Homes
- The median age of Carthage real estate is 55 years old
The Rental Market in Carthage
- Renters make up 39.7% of the Carthage population
- 1.1% 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.