Is Carthage, IL 62321 a buyer’s or seller’s market?
Carthage is a buyer’s market. With about 17.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Carthage housing market right now
In the three months ending August 31, 2026, 0% of homes in Carthage, IL 62321 sold above their list price, the typical home went under contract in 81 days and there were 17.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 14%, homes sold more slowly (61 days then) and the median sale price fell 55% to $62,973. Overall, Carthage is less competitive than a year ago, which gives buyers more room.
Within Hancock County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Nauvoo 62354 (50% sold over asking) is even more competitive.
Run the numbers for 62321
Nearby markets
Augusta 62311Buyer’s market $48 /sq ftBowen 62316 — /sq ftDallas City 62330Buyer’s market $25 /sq ftHamilton 62341Seller’s market $70 /sq ft Browse all markets →Towns like Carthage nearby
Find towns like Carthage in other states →Where Carthage is
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Questions about Carthage real estate
Is Carthage a buyer’s or seller’s market?
A buyer’s market: there were 17.1 months of supply in Carthage, IL 62321 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 81 days in the latest three months.
Do homes in Carthage sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 85.4% of the list price.
What are property taxes in Carthage?
About 1.81% of a home’s value a year in Hancock County, or roughly $7,240 on a $400,000 home.
What is the median home price in Carthage?
The median sale price was $62,973 in the three months ending August 31, 2026, about $37 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology