Is now a good time to buy land in Carthage, Mississippi?
Carthage, Mississippi is currently a strong buyer's market with 27.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Dec 2025
27.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | 1 | 2 | 3 |
| 10-20 acres | 1 | 1 | 2 | 3 |
| 20-50 acres | - | 1 | 4 | 6 |
| 50-100 acres | - | - | - | 2 |
| 100+ acres | - | - | - | 2 |
| TOTAL | 1 | 3 | 8 | 16 |
Carthage, Mississippi is currently a strong buyer's market with 27.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Carthage, Mississippi currently has 27.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
Land in Carthage, Mississippi typically sells within 62 days of listing. The median time on market is 29 days. Properties are moving at a moderate pace in the current strong buyer's market.
The current absorption rate in Carthage, Mississippi is 3.7% (3-month basis), indicating slow demand. The top-performing broker in this market is Hopper Properties.
Over the past 12 months, Carthage, Mississippi saw 16 properties sold. In just the last 3 months, 3 properties changed hands.
There are currently 27 active listings in Carthage, Mississippi. 10 new listings have hit the market in the last 90 days. The median asking price is $120K.
The 3-month absorption rate in Carthage, Mississippi is 3.7%. The 12-month rate is 4.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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