City of Carthage acquires 923 Locust St., Carthage, appraised at $5,000

The home at 923 Locust St., Carthage, was sold on July 8 by Tina Brombaugh for $5,000.

City of Carthage was listed as the buyer.

Property taxes on the home totaled $799 in 2024, or 16% of the sale price.

This property is one of two sales in Carthage, Hancock County, between June 8 and July 8.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.