Carthage, Leake County, MS

Median Home Price Price

$159,978 $160K

Median Monthly Rent Rent

$841 $841

16.0x

Market Snapshot

Carthage, Leake County, MS is a city market with a median home price of $159,978, a median monthly rent of $841, a GRM of 16.0x, and a price-to-rent ratio of 15.9.

More markets to explore

01 Lena, Leake County, MS
Top recommendation Nearby alternative Lower GRM Higher rent Rent momentum
High confidence
Price $165.1K
Rent $1.1K
GRM 13.0x
Explore the data
Region Show
Lena
$165K $1.1K 13.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Noxapater, Winston County, MS Explore deeper
$145K $954 13.0x
Waynesboro, Wayne County, MS
$126K $888 12.0x
Buckatunna, Wayne County, MS
$134K $845 13.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Carson City, Montcalm County, MI
$182K $829 18.0x
Tracy, Lyon County, MN Explore deeper
$129K $878 12.0x
Cassville, Grant County, WI
$167K $812 17.0x

Home prices

Monthly rent

GRM = home price / annual rent

Carthage

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Benchmark comparison

Rent in Carthage, MS is 21.1% lower than Lena, MS.

Compare to Lena, MS
Carthage, MS
Lena, MS
Delta
Median rent
$841
$1,066
+$225
Median price
$159,978
$165,138
+$5,160
YoY change
+$63
+$80
+$17
Price-to-rent
15.9x
12.9x
-3.0x

Key takeaways

  • Carthage, Leake County, MS has a middle-grm screening profile: At 16.0x GRM, price and rent sit in a less extreme screening range.
  • The investment thesis may depend more on trend quality and local context than on GRM alone.
  • Rent momentum is positive, with median rent up about $63 year over year.
  • Rent in Carthage, MS is 21.1% lower than Lena, MS.