Real Estate Investing in Carthage, New York (13619)

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

Jefferson County • Population: 10,774 • Data updated: September 2026

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Should you buy in 13619 (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: 12.4% of homes vacant — above national norms.
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in Carthage, NY (13619)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $207,774
Avg Monthly Rent $1,109
1% Rule ✗ Does Not Meet
Median Income $61,844
% Renters 44.1%

Market Analysis: 13619 Carthage

On the rental side, ZIP 13619 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $208K median. It rewards specialists, not generalists.

For an experienced owner, 13619 can be a an appealing option for hunting ground — but the discount at $208K reflects genuine risk that outside investors often underestimate.

Regionally, 13619 sits on the difficult end of the NY spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.

The demographic picture in 13619 includes headwinds that any investor should price in. Income distribution skews lower than Carthage averages, and tenant stability requires active management.

Strategically, 13619 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Carthage:

B Good
Buy Confidence Score: 74/100
Affordability
20/25
Appreciation
22/25
Stability
11/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 3.4× the median income
Value Trend
Rising (+7.1%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,109/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Watertown-Fort Drum, NY Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
10.6%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Watertown-Fort Drum, NY metro data
🏠

Property Strategy for 13619

Which property type performs best in this market?

Best for Cash Flow
4BR
6.7% cap rate
Best for Appreciation
2BR
+8.2% 5yr CAGR
Best Overall Value
5BR
$52,932/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $147,372 $1,260 6.2% +8.2% $73,686
3BR $199,482 $1,710 6.2% +7.2% $66,494
4BR $225,881 $2,090 6.7% +6.6% $56,470
5BR $264,659 +6.1% $52,932

Market Trends

Home Value History (with trend line)

$217K$190K$163K$136K$110K$83KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,120$1,110$1,100$1,090$1,080$1,070Oct 2025Mar 2026Jul 2026

📊 How Does 13619 Compare?

Metric 13619 Carthage Watertown-Fort Drum, NY New York
Home Value $207,774 $197,175 N/A $505,608
5-Year CAGR 6.6% 6.4% N/A 6.6%
Avg Rent $1,109 $1,076 N/A -
Cap Rate 4.2% 4.3% - -
💡 Why Invest in 13619? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 44% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 13619 (Carthage, NY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.2%
Fair
5yr Growth
+6.6%
Strong

📊 Market Snapshot

Home Value $207,774
Monthly Rent $1,109
Price-to-Rent 15.6:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.4%
Cap Rate 4.2%
5-Year IRR 10.7%

📈 Home Appreciation

1-Year +7.1% ▲
3-Year CAGR +6.8% ▲
5-Year CAGR +6.6% ▲
10-Year CAGR +5.1% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 4.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
12.4%
Moderate risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+6.6%
Growing
Eviction process: Slow Rent control: Unfavorable

Demographics in 13619

Population: 10,774

💰 Median Household Income
$61,844
This area
$61,844
State
$86,376
USA
$74,580
🏠 Renter Occupied
44.1%
This area
44.1%
State
26.4%
USA
34.0%
💼 Unemployment Rate
4.3%
This area
4.3%
State
-24.2%
USA
3.7%
🎓 College Educated
22.2%
This area
22.2%
State
4.2%
USA
33.7%
👤 Median Age
34.9 years
This area
34.9 years
State
7.4 years
USA
38.9 years
🏚️ Vacancy Rate
12.4%
This area
12.4%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 87.5%
Other/Mixed 8.8%
Hispanic/Latino 5.4%
Black/African American 3.0%
Asian 0.7%
👶 Under 18
23.4%
This area
23.4%
USA
22.0%
👴 65 and Over
14.9%
This area
14.9%
USA
17.3%
📊 Poverty Rate
12.6%
This area
12.6%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 13619

A+ Avg School Grade
4 Schools
10.6:1 Avg Class Size
$27,385 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

CARTHAGE ELEMENTARY SCHOOL

📚 Pre-K – 04 Elementary
👥
404 Students
👨‍🏫
9.7:1 Class Size
💰
$27,385 Per Student
A+ Excellent

WEST CARTHAGE ELEMENTARY SCHOOL

📚 Pre-K – 04 Elementary
👥
390 Students
👨‍🏫
11.5:1 Class Size
💰
$27,385 Per Student
A+ Excellent

CARTHAGE MIDDLE SCHOOL

📚 05 – 08 School
👥
930 Students
👨‍🏫
9.0:1 Class Size
💰
$27,385 Per Student
A+ Excellent

CARTHAGE SENIOR HIGH SCHOOL

📚 09 – 12 High School
👥
845 Students
👨‍🏫
12.1:1 Class Size
💰
$27,385 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

Frequently Asked Questions

What is the typical rental rate in Carthage, NY?

Investors in Carthage, NY typically see rents near $1,109/mo per month against $208K home values - a solid setup for rental cash flow.

How qualified is the tenant pool in Carthage, NY?

Expect a solid tenant pool in Carthage, NY. The rental market absorbs $1,109/mo rents without meaningful friction.

How high is vacancy risk in Carthage, NY?

Vacancy risk in Carthage, NY is elevated. That supports predictable cash flow for typical rental holds.

What is the median home value in Carthage, NY?

Expect median prices around $208K in Carthage, NY. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.

How do experienced investors play Carthage, NY?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Carthage, NY. The numbers - $208K homes against $1,109/mo rents - support that play.

You know 13619 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 13619 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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How 13619 ranks in Watertown-Fort Drum, NY

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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