Is Carthage, MS 39051 a buyer’s or seller’s market?
Carthage is a seller’s market. With about 3.6 months of supply and 13% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 29% of U.S. ZIP codes, and #36 of 89 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Carthage housing market right now
In the three months ending August 31, 2026, 13% of homes in Carthage, MS 39051 sold above their list price, the typical home went under contract in 42 days and there were 3.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 15 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (25 days then) and the median sale price rose 10% to $181,921. Overall, Carthage is more competitive than a year ago, so tougher for buyers.
On our competition score, Carthage ranks #36 of 89 MS ZIP codes with enough sales (score 32 out of 100).
Run the numbers for 39051
Nearby markets
Lena 39094Seller’s market $128 /sq ftWalnut Grove 39189 — /sq ft Browse all markets →Towns like Carthage nearby
Find towns like Carthage in other states →Where Carthage is
Loading map…
Questions about Carthage real estate
Is Carthage a buyer’s or seller’s market?
A seller’s market: there were 3.6 months of supply in Carthage, MS 39051 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Carthage?
The typical home went under contract in 42 days in the latest three months.
Do homes in Carthage sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 96.4% of the list price.
What are property taxes in Carthage?
About 0.67% of a home’s value a year in Leake County, or roughly $2,680 on a $400,000 home.
What is the median home price in Carthage?
The median sale price was $181,921 in the three months ending August 31, 2026, about $85 per square foot.
Local agents
See all agents in 39051 →No sponsored agents in 39051 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 39051
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology