Buddy Blake Team · Coldwell Banker Sea Coast Advantage
Market insights: Carthage
September 26, 2026
(910) 395‑1000 · buddyblake.ai
Carthage: 1 In 5 Listings Don't Sell
Carthage homes that are priced right sell in about 12 days. Wait too long and you're looking at 73 days before a price cut, and homes that never sell sit a median of 106 days. Median sold price over the last 12 months is $451,150, with typical homes selling at 99.6% of first asking price.
Which pile do you want to be in?
Out of every 20 homes listed in Carthage over the last 12 months, the solid houses sold. The outlined ones expired, were withdrawn or were canceled.
Priced right from day one: sold in a median 12 days. Needed price cuts: 73 days, and sold for 94.5% of the first price.
What waiting costs
| Mortgage (principal + interest) | $2,408 |
| Property taxes | $111 |
| Homeowners insurance | $250 |
| Upkeep | $376 |
| Utilities | $250 |
| About | $3,400 |
About $3,400 every month the home sits.
Listings that didn't sell stayed on the market a median of 106 days — roughly $11,800 in holding costs, and the home still didn't sell.
An example, not a quote: 20% down, 30-year fixed at 7.03% (Freddie Mac average, 2026-09-24); Moore County rate 0.295 per $100 (NC Department of Revenue, 2025-26 county rates); town taxes add more inside town limits; insurance, upkeep (1% of value a year) and utilities are typical estimates. If your home is paid off, the mortgage line drops out — the rest still adds up.
When contracts fall apart
Contracts that fell apart
11%
30 of about 264 before closing
Those homes that later sold
70%
27% never sold
Sold vs. first ask after a fall-through
98.0%
vs. 99.7% on the first contract
Days to sell after a fall-through
117
vs. 28 on the first contract
The MLS doesn't record why a contract ends. In our experience the most common reasons are home inspection findings, appraisals that come in below the price, and buyer financing. How buyers paid on closed sales: conventional 30% · cash 18% · VA 42% · FHA 8%.
If you're selling
- Price it right from day one. Priced-right homes here sold in 12 days versus 73 days when a cut was needed.
- The $400-500K range is the toughest spot in Carthage right now, with 31% not selling.
- $300-400K is the strongest range, with only 13% not selling.
- Contracts fall apart 1 in 9 times here, most often inspection, appraisal or financing issues. Homes that go back on the market take longer, a median of 117 days, but still sell at 98.0% of asking.
If you're buying
- 21% of listings in Carthage didn't sell in the last 12 months, so there's room to negotiate on homes that have sat a while.
- Homes that needed a price cut still sold at 94.5% of asking, so a stale listing doesn't always mean a steep discount.
- VA loans are the most common way buyers paid here at 42%, followed by conventional at 30%.
Did you know?
- 52% of Carthage homes sold below their first asking price.
- At a $451,150 example price and 7.03% mortgage rate, estimated monthly carrying cost is about $3,400.
- Carrying a home for the median 37 days to sell runs about $11,800.
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Thinking of selling in Carthage? What it takes and what it costs →
For sellers
Listings that didn't sell
21%
down 3.3 pts from a year ago
62 expired, withdrawn or canceled vs 234 sold
Sold vs. first asking price
99.6%
up 1.4 pts from a year ago
median sale price ÷ original list price
Sold below first asking
52%
share of homes that sold
Price cut on homes that didn't sell
0.0%
median — and they still didn't sell
For buyers
True days on market
37
down 7 days from a year ago
median for sold homes, counted from the first listing
Typical room below first ask
0.4%
how far under the original price homes sold
Didn't sell, then sold on a relist
31%
of listings that didn't sell the first time
Median sold price
$451K
up 17.5% from a year ago
234 homes sold
The last 24 months
9% latest month · Aug 26
19 latest month · Aug 26
100.0% latest month · Aug 26
By starting price
| First asking | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Under $300K | 48 | 12 | 20% | 69 | 96.1% |
| $300–400K | 39 | 6 | 13% | 42 | 99.4% |
| $400–500K | 54 | 24 | 31% | 36 | 100.0% |
| $500–750K | 82 | 16 | 16% | 20 | 100.0% |
| $750K–1M | 7 | 3 | 30% | 22 | 98.8% |
| $1M+ | 4 | 1 | 20% | 100 | 86.8% |
Neighborhoods in Carthage
| Neighborhood | Sold | Didn't sell | % didn't sell | True days | Sold vs. first ask |
|---|---|---|---|---|---|
| Brookwood | 32 | 8 | 20% | 4 | 100.0% |
Homes only (land excluded), last 12 months unless noted. "Didn't sell" = listings that expired, were withdrawn or were canceled (some owners stop for reasons that have nothing to do with the market); true days on market counts from the first listing, even when a home was relisted. Source: Hive MLS listing and sales records, updated September 26, 2026. Totals only — no individual listing is shown. Buddy Blake Team · Coldwell Banker Sea Coast Advantage · (910) 395‑1000