04/27/2026
📊 Market Monday - Carthage's January Market Update
Here's what's happening in our local real estate market:
🏡 New Listings: DOWN by 1. Inventory remains tight with minimal change.
💰 Average Sales Price: UP! Home values are rising in the Carthage area.
📦 Properties Sold: UP! More homes closed compared to February.
⏱️ Days on Market: UP. Homes are taking longer to sell than in February.
What does this mean❓
Carthage is showing strong spring market performance! Despite essentially flat inventory, sales increased and prices rose in March. While homes are taking longer to sell, the combination of more sales at higher prices demonstrates solid buyer demand even with limited options. For buyers, tight inventory means limited selection, but the longer days on market suggest you have more time to make decisions on available homes. Be aware that rising prices reflect strong demand. For sellers, this is excellent news! Despite limited new listings, sales are up and values are rising. The market is absorbing inventory well, though buyers are taking their time evaluating their options in this tight market. Carthage's tight inventory is supporting strong prices and steady sales activity!
📞 Have questions about what these trends mean for you? Let's talk!
Call or text us at (417) 614-0089
Office (417)623-9900 (ask for The Bobby Gene Team)
Each office is independently owned and operated.