Carthage, MO

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Carthage short-term rental market based on reliable data.

Listings

36 / 58

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$17,102

Middle-Earners Revenue

Occupancy

48%

Middle-Earners Occupancy

Home Value

$238,164

Median Home Sale Price

Top Earners

$33,551

Top-Earners Revenue

Carthage

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Carthage.

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C

Challenging to Investors

Carthage Regulations

Short-term rentals are operating in Carthage, but rules were under active review in 2023 with no finalized permitting details; the lack of clear caps, fees, and evolving requirements introduce moderate compliance risk and uncertainty for investors.

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About Carthage

Carthage sits in the southwestern corner of Missouri, serving as the county seat of Jasper County in a region often associated with the rolling hills and oak-hickory woodlands of the Ozarks. The city has a population of roughly 14,000 and carries the nickname "Maple Leaf City" for the brilliant fall foliage that draws leaf-peepers each autumn. With a compact historic downtown anchored by a striking late-19th-century courthouse, Carthage blends small-town charm with deep Civil War-era roots. It lies about 15 miles northeast of Joplin, the nearest larger city, and sits within easy driving range of the broader Springfield–Branson corridor as well as the southern reaches of the Ozark Highlands.

History-minded travelers are drawn to the Battle of Carthage State Historic Site, located just a few minutes north of the downtown square. The site commemorates the July 1861 engagement that is widely regarded as the first full-scale land battle of the Civil War west of the Mississippi River, where Missouri State Guard forces under Governor Claiborne Fox Jackson clashed with Union troops. Visitors can walk the original battleground, view interpretive markers, and explore a small museum detailing the broader context of Missouri's divided loyalties during the conflict. The compact site pairs nicely with a stroll through Carthage's historic district, where limestone storefronts and Victorian-era homes line the streets surrounding the courthouse square.

For those interested in regional heritage beyond the war years, the Powers Museum offers a broader look at Jasper County's development, from Native American presence through the lead-mining boom and the arrival of the railroads. Housed in a beautifully restored 1890s municipal building, the museum features rotating exhibits on local industry, agriculture, and prominent residents, making it a rainy-day favorite for visitors exploring the area.

Outdoor enthusiasts will appreciate that Carthage is only about a 20-minute drive from Grand Falls, Missouri's largest continuously flowing natural waterfall, where Shoal Creek tumbles over a ledge of Mississippian-age chert into a broad green pool. The surrounding park offers picnic areas, short trails, and viewpoints that make it a popular stop for families and photographers. The broader region also includes access points into the Ozark National Forest, the lakes of the Table Rock and Stockton area to the east, and a string of Route 66 landmarks that wind through neighboring counties, all within a comfortable day-trip radius.

Carthage works well as a short-term rental base because it offers the calm of a walkable small city with a genuine sense of place, while keeping visitors within easy reach of Civil War history, the natural beauty of the Ozarks, and the larger conveniences of Joplin just down the road.

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