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Foreclosures in Mount Carmel, IL

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Mount Carmel, IL Foreclosures

How much do homes sell for in Mount Carmel, IL?
The average home price is currently $143,381.
In Mount Carmel, IL, how many homes are available?
There are currently 2 active home listings available in Mount Carmel.
What’s the average rental cost in Mount Carmel, IL?
The average rental price in Mount Carmel is $1,085.
What is the most expensive home in Mount Carmel?
The most expensive home sold in Mount Carmel had a price of $2,785,822.
What is currently the cheapest priced home in Mount Carmel, IL?
The cheapest home for sale in Mount Carmel is priced at $10,095.

Living in Mount Carmel, IL

Mount Carmel, IL is a quaint city that offers a friendly small-town atmosphere with local amenities, outdoor activities, and strong community bonds. The city is perfect for families and individuals seeking a peaceful lifestyle with access to schools, parks, and recreational activities.

Current Market Conditions in Mount Carmel, IL

The current real estate market in Mount Carmel is showing signs of stability, with a steady demand for housing. Home prices have seen a moderate increase as more people look to relocate to quieter areas, enhancing the appeal of this small city.

Growing interest in rural living has led to an uptick in real estate activity, with both first-time buyers and retirees looking for homes in the area. This trend is expected to continue as affordability becomes a priority for many.

Home Value Estimator For Mount Carmel, IL

There are currently 3,649 real estate properties in Mount Carmel, IL, with a median automated valuation model (AVM) price of $112,672.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Mount Carmel, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Mount Carmel, IL, is $143,381.00, with the most expensive house in Mount Carmel, IL, topping out at $2,785,822.00 and the cheapest home in Mount Carmel, IL, clocking in at $10,095.00. In other words, there’s something for every potential homebuyer or savvy investor in Mount Carmel, IL!

Rent Prices In Mount Carmel, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mount Carmel, IL, is on a rollercoaster ride. The average rent price in Mount Carmel, IL, is $1,085.00. Indeed, when looking to rent in Mount Carmel, IL, you can expect to pay as little as $570.00 or as much as $2,200.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Mount Carmel, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Mount Carmel, IL Foreclosures

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