Carthage, MO housing market
The typical Carthage home is worth about $239,000, up 2% in a year, 11% below the Missouri typical home. Homes typically sell in 53 days.
Home values, sales, trends and how Carthage compares with the towns next door — updated as new data is published.
Carthage at a glance
A seller's market
Supply is tight — about 2.3 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Carthage | Missouri |
|---|---|---|
| 2017 | $114,000 | $148,000 |
| 2018 | $124,000 | $156,000 |
| 2019 | $133,000 | $165,000 |
| 2020 | $147,000 | $173,000 |
| 2021 | $161,000 | $193,000 |
| 2022 | $184,000 | $219,000 |
| 2023 | $205,000 | $237,000 |
| 2024 | $218,000 | $247,000 |
| 2025 | $233,000 | $258,000 |
| 2026 | $236,000 | $263,000 |
| August 2026 | $239,000 | $268,000 |
51 new homes permitted in 2025
Builders were permitted 51 new homes in Carthage in 2025: 29 single-family houses and 22 in buildings with two or more homes, worth about $6.8 million to build. That's 3.3 per 1,000 residents, about the pace of Missouri as a whole. Over the past 10 years, Carthage has permitted 593 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Carthage gained 1,144 residents while 297 new homes were permitted: about 3.9 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Missouri: 1.1 new residents per new home.
How Carthage ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 45 | 25 | 20 | $7.5 million |
| 2025 | 51 | 29 | 22 | $6.8 million |
| 2024 | 97 | 41 | 56 | $12.2 million |
| 2023 | 65 | 41 | 24 | $9.1 million |
| 2022 | 98 | 46 | 52 | $18.2 million |
| 2021 | 27 | 21 | 6 | $3.3 million |
| 2020 | 74 | 19 | 55 | $4.9 million |
| 2019 | 62 | 18 | 44 | $3.7 million |
| 2018 | 15 | 13 | 2 | $1.6 million |
| 2017 | 78 | 21 | 57 | $5.3 million |
| 2016 | 26 | 23 | 3 | $2.7 million |
| 2015 | 20 | 20 | 0 | $2.1 million |
| 2014 | 24 | 16 | 8 | $2.9 million |
| 2013 | 17 | 11 | 6 | $2.2 million |
| 2012 | 16 | 10 | 6 | $1.5 million |
| 2011 | 25 | 25 | 0 | $2.3 million |
| 2010 | 14 | 14 | 0 | $1.2 million |
| 2009 | 18 | 12 | 6 | $1.7 million |
| 2008 | 34 | 30 | 4 | $3.6 million |
| 2007 | 54 | 44 | 10 | $5.3 million |
| 2006 | 52 | 32 | 20 | $5.8 million |
| 2005 | 89 | 47 | 42 | $7.8 million |
| 2004 | 58 | 29 | 29 | $5.9 million |
| 2003 | 49 | 37 | 12 | $4.8 million |
| 2002 | 72 | 59 | 13 | $4.9 million |
| 2001 | 36 | 34 | 2 | $3.3 million |
| 2000 | 46 | 42 | 4 | $3.8 million |
How Carthage ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
4.7 years of income
The typical Carthage home costs about 4.7 years of the town's median household income, more than across Missouri (3.8 years).
How Carthage ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $960
HUD's Fair Market Rent for a two-bedroom in Carthage is $960 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Carthage pay a median of $975. A two-bedroom takes about 22% of the town's median household income.
Studio $770 · 4 bedrooms $1,300
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (64836; Joplin, MO HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Carthage
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.