Carthage, MS · Houses & Market Data

Carthage, Mississippi houses and real estate market data.

Houses in Carthage, MS (Leake County) — Census median home value $146,800, county listing prices down about 5.8% over the past year. Market data for Carthage houses and the broader area.

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Carthage, MS is in Leake County, Mississippi — this guide covers houses in Carthage and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 4,859, with a median household income of $47,304. Census data puts the median value of houses in Carthage at $146,800.

Info from government sites and builders may have provided source info.

Market overview

Carthage housing market

Carthage is in Leake County, Mississippi. Manifest Census and county price-trend data provide baseline context for houses in Carthage and the surrounding county market.

Median home value (Census ACS)

$146,800

Population (Census ACS)

4,859

Median household income

$47,304

Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County-level FHFA price trend was not available in the manifest row.

At a glance

Carthage market snapshot

Population

4,859

County

Leake County

Median Household Income

$47,304

Median Home Value (city)

$146,800

Median Gross Rent

$549/mo

Price Trend (YoY)

-5.8%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About

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Why Carthage

What makes Carthage different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Carthage's median home value — across all owner-occupied homes, not just recent sales — at $146,800.

County Price Trend

Leake County's FHFA house price index shows a -5.85% annual change in 2025.

Population & Income

Carthage has an estimated population of 4,859 and a median household income of $47,304, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Carthage's Census-reported median home value works out to about 3.1x the area's median household income, and median gross rent runs roughly 14% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

Nearby

Places around Carthage

County guide: Leake County — cities, market context, and local resources for the county that includes Carthage.

USAHouses.com also helps visitors looking in nearby Leake County and other Mississippi communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.

Nearby communities include Redwater, Standing Pine, Lena, Walnut Grove, Sebastopol.

More Mississippi cities with market guides: Gulfport, Southaven, Biloxi, Hattiesburg, Olive Branch, Tupelo, Meridian, Greenville.

Adjacent-county Census places with USAHouses.com pages: Pearl River (~17.4 mi), Harperville (~17.6 mi), Hillsboro (~20.5 mi), Kosciusko (~21.9 mi), Sallis (~23.4 mi), Philadelphia (~24.0 mi), Conehatta (~24.7 mi), Ethel (~26.4 mi), Forest (~26.8 mi), Union (~27.1 mi), Tucker (~28.3 mi), Morton (~28.5 mi), Lake (~31.3 mi), Decatur (~32.6 mi), McCool (~33.3 mi), Newton (~36.4 mi).

New construction: Mississippi new construction.

Census & home facts

Carthage data from published sources

Population (ACS 2023)

4,859

Median home value (ACS 2023)

$146,800

Median household income (ACS 2023)

$47,304

Median gross rent (ACS 2023)

$549

County FHFA annual change (2025)

-5.85%

Census place type

city

County

Leake County

Land area (Census Gazetteer 2024)

9.29 sq mi

Census GEOID

2811780

Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.

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Common questions

Carthage FAQ

What are houses worth in Carthage, MS?

The Census Bureau's American Community Survey puts the median value of houses in Carthage at $146,800.

How much do houses cost in Carthage, MS?

For owner-occupied houses in Carthage, Census ACS data shows a median value of $146,800. Active listing prices in Leake County may differ — see the market snapshot above.

What types of houses are in Carthage, MS?

Carthage houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Leake County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.

What is the population of Carthage, MS?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Carthage's population at approximately 4,859.

What's the median rent in Carthage, MS?

The Census ACS estimates median gross rent in Carthage at approximately $549 per month.

What is the median household income in Carthage, MS?

Census ACS data puts the median household income in Carthage at approximately $47,304.

Is the Carthage housing market growing?

Leake County's FHFA house price index shows a -5.85% annual change in 2025.

Is Carthage, MS affordable relative to income?

Census ACS data puts Carthage's median home value at about 3.1 times the median household income, with median gross rent equal to roughly 14% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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