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Housing in Carthage

28 homes sold in Carthage in the last year, at a typical $125K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Carthage homes are listed.

Homes sold
28
June 2025 to May 2026
Typical sale price
$125K
median, weighted by sales
Price per square foot
$78
Illinois $193
Paid vs. asking
92.3%
4% sold over asking
For sale now
7
May 2026 · 1 sold that month
What sold · last 12 months

Houses are 96% of Carthage’s sales, at a typical $125K

28 homes sold in the year to May 2026.

Houses$125K

typical sale · 27 sold in 12 months

Per square foot
$78IL $180
Days to sell
164
Sold over asking
4%
Listings with a price cut
27%
Fewer sales

Townhouses: 1 sold, typical $255K

Too few sales in 12 months for reliable figures.

8 years of sales

About as many homes sell as usual, at twice the 2018 price

28 sales in the last year, against 39 in 2020 and a low of 26 in 2024. The typical sale went from $66K in 2018 to $125K.

Homes soldTypical sale price
012253750$50K$100K$150K$200K2018: 27 sold, typical $66K’182019: 33 sold, typical $62K2020: 39 sold, typical $74K’202021: 33 sold, typical $94K2022: 31 sold, typical $83K’222023: 30 sold, typical $117K2024: 26 sold, typical $94K’242025: 26 sold, typical $131KLast 12 months: 28 sold, typical $125KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Carthage

Houseat $78 a sq ft
The same money in Illinoisat $180 a sq ft

Is this asking price fair?

Check a listing against what Carthage homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 8 years of sales

Bidding wars in Carthage are rarer than before the pandemic, but a third fewer homes come up for sale

We read every month of Carthage’s home sales since 2018 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 28 sales.

If you’re buying in Carthage

  • Shop in October. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (7% over asking).
  • Offer under asking. Buyers paid 92.3% of the list price on average; 4% paid over.
  • You’ll usually have time. Only 15% of homes go under contract within two weeks; the typical one takes 162 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 4 a month), but March is the most competitive: 25% of March sales close over asking. October offers nearly as much choice with fewer homes bid up (7%). February has the least competition (0%) but only about 2 new listings.

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 1 new listings a month, 20% sold over asking, 142 days to sellJFeb: 2 new listings a month, 0% sold over asking, 114 days to sellFMar: 3 new listings a month, 25% sold over asking, 161 days to sellMApr: 2 new listings a month, 13% sold over asking, 128 days to sellAMay: 4 new listings a month, 18% sold over asking, 153 days to sellMJun: 3 new listings a month, 6% sold over asking, 107 days to sellJJul: 2 new listings a month, 18% sold over asking, 106 days to sellJAug: 3 new listings a month, 4% sold over asking, 162 days to sellASep: 2 new listings a month, 6% sold over asking, 143 days to sellSOct: 4 new listings a month, 7% sold over asking, 172 days to sellONov: 1 new listings a month, 19% sold over asking, 124 days to sellNDec: 1 new listings a month, 0% sold over asking, 166 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Illinois

Carthage now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price4%11%12%37%
Gone within two weeksShare of homes under contract within 14 days15%0%0%46%
Listings with a price cutShare of homes for sale that cut their price25%——19%
Price paid vs. askingAverage sale price ÷ list price92.3%93.2%92.7%99.2%
Days to sellMedian days from listing to contract16214520749
Supply

12 homes for sale on a typical day

That’s 1.7 times the 2023 low (7), 33% fewer than in 2017–19 and well under 2019’s 22.

2018: 20 for sale’182019: 22 for sale2020: 17 for sale2021: 8 for sale’212022: 10 for sale2023: 7 for sale2024: 8 for sale’242025: 13 for saleLast 12 months: 12 for saleNow
Room to negotiate

1 in 4 listings has cut its price

25% in the last year, against — in 2017–19 and 19% across Illinois.

2023: 25%’232024: 17%2025: 27%Last 12 months: 25%Now

Source: Redfin Data Center, city market tracker, January 2018 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Carthage home costs about $833 a month

Mortgage
Property tax
Insurance
Rent

Price: Carthage’s typical sale, last 12 months. Property tax at Carthage’s 1.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Carthage is affordable on local pay is on Cost of living.

Before you buy in Carthage

Six things worth knowing

4

New listings in May

The month with the most choice. December has the fewest, about 1.

Best time to buy
1.7%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $125K home, about $2,170 a year.

Taxes vs. neighbors
B−

Schools

The schools grade for Carthage, from test results, graduation and how much students grow.

Schools in Carthage
21 min

Typical commute

The average one-way trip to work for people who live in Carthage.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Hamilton, Keokuk, Warsaw and Macomb sell for less a square foot

The busier markets within 25 miles of Carthage, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Macomb167$106K$7111%61
Keokuk146$98K$6016%80
Fort Madison140$106K$768%74
Hamilton44$93K$757%100
Carthage28$125K$784%162
Warsaw24$120K$6817%124

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Carthage, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Carthage. People who follow the town see it, and so do people comparing Carthage with their own town. No commission, no listing fee.

Questions about buying a home in Carthage

What do homes sell for in Carthage, IL?

28 homes sold in the year to May 2026 at a typical $125K, $78 a square foot.

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

A buyer’s market: 7 homes were for sale in May 2026 and 1 sold, about 7 months of supply. Buyers paid 92.3% of asking on average, and 25% of listings cut their price.

When is the best time to buy in Carthage?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Carthage?

About 1.7% of a home’s value a year. On a $125K home that’s near $2,170.

Where can I see homes for sale in Carthage?

Zillow, Redfin, Realtor.com and Homes.com all carry Carthage’s MLS listings; the search links above open each one filtered to Carthage.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).