Carthage, IL
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Carthage short-term rental market based on reliable data.
Listings
27 / 48
Reliable / Active
Cap Rate
18%
Middle-Earners Gross Yield
Revenue
$21,666
Middle-Earners Revenue
Occupancy
57%
Middle-Earners Occupancy
Home Value
$120,033
Median Home Sale Price
Top Earners
$42,858
Top-Earners Revenue
Carthage
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Carthage.
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Challenging to Investors
Carthage Regulations
STRs are not explicitly prohibited but Carthage lacks a dedicated STR ordinance, forcing investors to confirm zoning, secure business licensing, pass safety inspections, and register for state lodging taxes. This regulatory ambiguity and process uncertainty increase compliance risk and deter investment.
Local STR Agent
STR specialist · Carthage, IL
About Carthage
Carthage is a city in and the county seat of Hancock County, Illinois, United States. Its population was 2,490 as of the 2020 census. Carthage is best known for being the site of the 1844 death of Joseph Smith, who founded the Latter Day Saint movement.