Carthage Housing Update: Prices Ease as Listings Span $80K to $1.65M
Carthage, MO – March 10, 2026 – Home prices dipped year over year while inventory remains active, with a broad mix of listings and steady buyer interest.
Home prices in Carthage are showing modest year-over-year softening, while inventory remains active across a wide price range. Recent data points to a market that is adjusting rather than stalling, with buyers seeing more time to make decisions and sellers facing slightly longer marketing periods.
Top takeaways
- Median sale price was about $215K in January 2026, down 5.4% from a year earlier.
- Homes spent a median of 45 days on market, roughly 10 days longer than last year.
- Active listings range from under $100K to over $1.6M.
Market snapshot
According to Redfin, the median sale price in January 2026 was approximately $214,900, with 12 homes sold during the month. The 45-day median time on market suggests a slightly slower pace compared with the same period a year ago.
Realtor.com reports a median listing price near $265K, highlighting a gap between asking prices and closed sales. Zillow’s home value page indicates around 100 homes listed for sale at the end of January, pointing to steady supply for a city of this size. Together, these figures suggest a balanced environment where inventory is available but buyers remain selective.
What’s for sale now
Current listings reflect a broad spectrum of price points and property types:
- A two-bedroom home listed around $80K, attractive to entry-level buyers or investors.
- Multiple three-bedroom homes priced between $200K and $330K.
- Larger or specialty properties reaching from $750K up to about $1.65M.
This spread offers flexibility for first-time buyers, move-up households, and higher-end shoppers alike. Some price reductions on select properties indicate room for negotiation in certain segments, particularly as homes take longer to sell than they did a year ago.
Development signals
City budget documents for fiscal year 2025–26 outline capital projects including road widening and infrastructure improvements. Over time, such projects can influence neighborhood appeal and housing demand. A prior housing study also emphasized the need for additional new homes and apartments to accommodate projected growth.
Overall, the data points to a market in transition: prices have eased compared with last year, inventory remains steady, and buyers have a wider range of choices than in tighter periods.
Sources
- https://www.redfin.com/city/3024/MO/Carthage/housing-market
- https://www.zillow.com/home-values/44464/carthage-mo/
- https://www.realtor.com/realestateandhomes-search/Carthage_MO
- https://files-backend.assets.thrillshare.com/documents/asset/uploaded_file/3571/Carthage/e16165ad-e8b5-4042-b165-2b74d2aa06ef/FY_25-26_budget_book.pdf?disposition=inline