Commercial Real Estate Market in Carthage, MO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
27 active listings and 737 off-market properties in Carthage, MO.
Market Trends
Carthage, MO spans 184.1 square miles in Jasper County, Missouri. Figures below refresh monthly; last updated 31 October 2026.
Office
Office space in Carthage, MO has a median asking sale price of $66/SF (based on 3 listings). Vacancy runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Retail
Retail vacancy in Carthage, MO runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Industrial
Industrial space in Carthage, MO has a median asking sale price of $86/SF (based on 4 listings). Vacancy runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Multifamily
Multifamily space in Carthage, MO has a median asking sale price of $103/SF (based on 6 listings). Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 52.5%
- Industrial 36.2%
- Commercial 11.4%
Largest Zones share of zoned land by district
Carthage, MO zones 6,522 acres across 8 districts. Commercial zoning covers 11.4% of zoned land, residential 52.5% and industrial 36.2%. The largest single district is First Dwelling House at 45.8%. For commercial buyers the practical constraint is that only 47.5% of land carries a commercial or industrial designation.
The intent of this zone is to promote single family dwelling uses
Market overview
Demographics & Economy
Carthage, MO has 25,334 residents in 10,241 households. Density runs 138 people per square mile. Median household income here is $58,775 and median gross rent $883 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Carthage?
What zoning applies to commercial property in Carthage?
Where does Realmo's Carthage market data come from?
Methodology & data sources
- Asking prices and medians
- There are 26 active for-sale and 1 active for-lease listings in Carthage, MO. The sale median is based on 17 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 6,522 zoned acres across 8 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
