Real Estate Investing in Carthage, New York

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

2 ZIP codes • Population: 10,946 • Jefferson County

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Should you buy in Carthage, NY? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 12.1% of homes vacant — above national norms.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Carthage, NY?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.4% 5yr CAGR

1.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $197,175
Avg Monthly Rent $1,076
ZIP Codes 2

Investing in Carthage Real Estate

Carthage, NY covers 2 ZIP codes and a population but the investment metrics here are sluggish — this is not a market to enter casually.

firmly Carthage's aggregate rating of ★★★☆☆ reflects sluggish investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Rent trends and price trends in Carthage are both soft, which is the uncomfortable combination that defines distressed-leaning markets in New York.

A an established population with $N/AK household income profile is what makes Carthage a challenging rental market — the tenant base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Watertown-Fort Drum, NY

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Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$197,175
Avg Monthly Rent
$1,076
1% Rule
✗ Below
Landlord Friendly (NY)

Neighborhoods in Carthage

ZIP Codes in Carthage, NY

Screen every ZIP in Carthage

Filter Carthage’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Carthage, NY

Is Carthage in NY worth investing in?

Carthage, NY rates 3.0/5 for investability. With median values at $197K and rents near $1,076/mo, the market offers reasonable fundamentals for rental investors.

What monthly rent should investors expect in Carthage, NY?

Rents in Carthage, NY run near $1,076/mo. Compared with median home prices of $197K that produces solid gross yields for typical rentals.

Do rentals sit vacant long in Carthage, NY?

Occupancy in Carthage, NY runs even-keeled with elevated vacancy. Well-priced units at $1,076/mo lease on reasonable timelines.

Are eviction rules reasonable in Carthage, NY?

Carthage, NY operates under NY law, which is tenant-protective overall for landlords. Expect even-keeled treatment in typical lease and eviction cases.

How do experienced investors play Carthage, NY?

For Carthage, NY, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

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