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Housing in Carthage

30 homes sold in Carthage in the last year, at a typical $276K

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
30
June 2025 to May 2026
Typical sale price
$276K
median, weighted by sales
Price per square foot
$163
Tennessee $210
Paid vs. asking
93.6%
7% sold over asking
For sale now
19
May 2026 · 2 sold that month
What sold · last 12 months

Houses are 97% of Carthage’s sales, at a typical $272K

30 homes sold in the year to May 2026.

Houses$272K

typical sale · 29 sold in 12 months

Per square foot
$163TN $209
Days to sell
116
Sold over asking
7%
Listings with a price cut
36%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $325K

Too few sales in 12 months for reliable figures.

11 years of sales

About as many homes sell as usual, at 2.6 times the 2016 price

30 sales in the last year, against 53 in 2021 and a low of 19 in 2014. The typical sale went from $105K in 2016 to $276K.

Homes soldTypical sale price
0255075100$100K$200K$300K$400K2014: 19 sold, typical $75K’142016: 24 sold, typical $105K2017: 26 sold, typical $136K’172018: 29 sold, typical $138K2019: 49 sold, typical $144K’192020: 38 sold, typical $167K2021: 53 sold, typical $189K’212022: 41 sold, typical $236K2023: 28 sold, typical $277K’232024: 21 sold, typical $294K2025: 35 sold, typical $272K’25Last 12 months: 30 sold, typical $276KNow

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

What your budget buys

What $300K buys in Carthage

Houseat $163 a sq ft
The same money in Tennesseeat $209 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 · 11 years of sales

Bidding wars in Carthage are back to pre-pandemic levels, and more homes are for sale

We read every month of Carthage’s home sales since 2014 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, 30 sales.

If you’re buying in Carthage

  • Shop in August. It brings about 4 new listings a month, close to the busiest month, with fewer bidding wars (6% over asking).
  • Offer under asking. Buyers paid 93.6% of the list price on average; 7% paid over.
  • You’ll usually have time. Only 20% of homes go under contract within two weeks; the typical one takes 97 days.
Best time to buy

Fall brings the homes; summer brings the bidding wars

September has the most new listings (about 4 a month), but June is the most competitive: 32% of June sales close over asking. February has the least competition (4%) but only about 2 new listings.

New listings a monthShare sold over asking
01.32.53.8513%27%40%Sweet spotJan: 3 new listings a month, 11% sold over asking, 80 days to sellJFeb: 2 new listings a month, 4% sold over asking, 101 days to sellFMar: 2 new listings a month, 12% sold over asking, 128 days to sellMApr: 4 new listings a month, 7% sold over asking, 107 days to sellAMay: 4 new listings a month, 17% sold over asking, 86 days to sellMJun: 4 new listings a month, 32% sold over asking, 100 days to sellJJul: 3 new listings a month, 21% sold over asking, 105 days to sellJAug: 4 new listings a month, 6% sold over asking, 62 days to sellASep: 4 new listings a month, 10% sold over asking, 61 days to sellSOct: 4 new listings a month, 16% sold over asking, 72 days to sellONov: 3 new listings a month, 9% sold over asking, 84 days to sellNDec: 2 new listings a month, 6% sold over asking, 78 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Tennessee

Carthage now2017–192021 peakTN now
Sold over askingShare of sales that closed above the list price7%7%23%14%
Gone within two weeksShare of homes under contract within 14 days20%6%38%27%
Listings with a price cutShare of homes for sale that cut their price37%—29%25%
Price paid vs. askingAverage sale price ÷ list price93.6%95.1%97.4%97.3%
Days to sellMedian days from listing to contract97886470
Supply

16 homes for sale on a typical day

That’s 2.5 times the 2023 low (6) and 25% more than in 2017–19.

2014: 12 for sale’142016: 7 for sale2017: 10 for sale2018: 14 for sale’182019: 13 for sale2020: 11 for sale2021: 9 for sale’212022: 11 for sale2023: 6 for sale2024: 13 for sale’242025: 15 for saleLast 12 months: 16 for saleNow
Room to negotiate

1 in 3 listings has cut its price

37% in the last year, against — in 2017–19 and 25% across Tennessee.

2021: 29%’212022: 31%2023: 28%2024: 39%’242025: 40%Last 12 months: 37%Now

Source: Redfin Data Center, city market tracker, January 2014 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 $1,560 a month

Mortgage
Property tax
Insurance
Rent

Price: Carthage’s typical sale, last 12 months. Property tax at Carthage’s 0.5% (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 September

The month with the most choice. February has the fewest, about 2.

Best time to buy
0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $276K home, about $1,440 a year.

Taxes vs. neighbors
B

Schools

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

Schools in Carthage
25 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

Lafayette sells for less a square foot; Gordonsville, Hartsville/Trousdale County and Watertown for far more

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
Hartsville/Trousdale County136$407K$22716%97
Lafayette73$241K$15611%85
Baxter46$262K$1817%88
Carthage30$276K$1637%97
Gordonsville25$377K$21916%106
Watertown23$297K$21630%84
South Carthage21$280K$18410%91

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, TN?

30 homes sold in the year to May 2026 at a typical $276K, $163 a square foot.

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

A buyer’s market: 19 homes were for sale in May 2026 and 2 sold, about 9.5 months of supply. Buyers paid 93.6% of asking on average, and 37% of listings cut their price.

When is the best time to buy in Carthage?

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

How much are property taxes in Carthage?

About 0.5% of a home’s value a year. On a $276K home that’s near $1,440.

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).