Market Overview
Home Prices in Carthage, NY
The median home value in Carthage, NY is $207,387 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.3% compared to a year ago and up 4.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Carthage are priced49% below average. Carthage is part of the Watertown-Fort Drum, NY metro area.
Over the past five years, Carthage home values have risen by approximately32.6%, reflecting strong long-term appreciation in this market.
Price History
Carthage Home Price Trend
City Comparison
Carthage vs. National Median
At $207,387, homes in Carthage cost 49% below the national median of $410,000. This makes Carthage a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Carthage?
20% Down Payment
$41,477
on $207,387
Monthly P&I
$1,082/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,374/mo
incl. taxes & insurance
Income Needed
$54,960
gross annual (30% rule)
10% Down Option
$20,739
+ PMI applies
Loan Amount (20% dn)
$165,910
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Carthage, NY?
The median home value in Carthage is $207,387 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.3% year-over-year.
How much have home prices changed in Carthage?
Over the past year, home values in Carthage have increased by 3.3%. Over five years, prices have risen approximately 32.6%.
How much do I need to earn to buy a home in Carthage?
To comfortably afford the median home price of $207,387 with a 20% down payment ($41,477) at today's rates (6.8%), you'd need a gross annual income of approximately $54,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Carthage compare to the national average home price?
The national median home value is approximately $410,000. At $207,387, homes in Carthage are 49% below the national average.
What metro area is Carthage part of?
Carthage is part of the Watertown-Fort Drum, NY metropolitan area. Home prices and market conditions can vary across the broader metro region.