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CARTHAGE, IN 46115

Real Estate Market Report  ·  Rush County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
6
⇩ 14.3% vs 7 last year
Pending
4
67% pending ratio
Median Price
$225,000
⇩ 13.9% vs $261,175 last year
Average Price
$182,750
⇩ 37.2% vs $291,105 last year
Days on Market
108
⇧ 30.1% vs 83 days last year

Market Context

Population: 1,624  ·  Density: 16.1/mi²  ·  Median household income: $52,656

Typical home value: $168,414  ·  Homeownership: 67.7%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The CARTHAGE, IN real estate market (46115) currently shows 6 active listings, with 4 pending sales. Homes are averaging 108 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 108 days on market compared to 83 days last year.

The median listing price has fallen 13.9% year-over-year, from $261,175 to $225,000.

Whether you are buying or selling in CARTHAGE, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 7 last year
  • Days on market: 108 now vs 83 last year

Median & Average Pricing

Year over Year
  • Median: $225,000 (-13.9% YoY)
  • Average: $182,750 (-37.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.9 miles — 75 listings ($22,466,191 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46115Carthage, IN 461150.0 mi6$1,096,500$225,000$182,750
46148Knightstown, IN 461485.7 mi15$4,598,100$332,400$306,540
46155Mays, IN 461557.3 mi2$334,400$167,200$167,200
47385Spiceland, IN 473859.0 mi3$397,350$132,450$132,450
47352Lewisville, IN 4735211.5 mi3$410,799$125,000$136,933
47351Kennard, IN 4735111.8 mi4$963,600$249,900$240,900
47384Shirley, IN 4738412.2 mi7$1,688,225$235,950$241,175
46127Falmouth, IN 4612713.4 mi2$818,000$409,000$409,000
46130Fountaintown, IN 4613015.0 mi8$2,746,880$298,900$343,360
46056Markleville, IN 4605616.5 mi6$1,556,898$254,500$259,483
46133Glenwood, IN 4613317.5 mi1$170,000$170,000$170,000
46156Milroy, IN 4615618.1 mi3$448,899$129,000$149,633
46126Fairland, IN 4612618.9 mi15$7,236,540$262,500$482,436

Frequently Asked Questions

How many homes are for sale in CARTHAGE, IN 46115?

As of January 2026, there are 6 active listings in CARTHAGE, IN (zip code 46115), compared to 7 the prior year.

What is the median home price in CARTHAGE, IN 46115?

The median listing price in CARTHAGE, IN 46115 is $225,000 as of January 2026, a 13.9% decrease from $261,175 the prior year.

How long do homes stay on the market in CARTHAGE, IN?

Homes in CARTHAGE, IN 46115 spend an average of 108 days on the market before going under contract, compared to 83 days the prior year.

Is it a seller's or buyer's market in CARTHAGE, IN 46115?

Based on current inventory and days-on-market data as of January 2026, CARTHAGE, IN 46115 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 108 days on market compared to 83 days last year.

How much can I save on real estate commission in CARTHAGE, IN?

With SELL123.com's maximum 3% commission, sellers in CARTHAGE, IN 46115 save an estimated $4,500 compared to a typical 5% commission on the median listing price of $225,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.