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Sheriff Sale Homes 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 $140,097.
In Mount Carmel, IL, how many homes are available?
There are currently 1 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 small town renowned for its warm hospitality and vibrant community spirit. Surrounded by natural beauty and rich history, it is the ideal place for families and individuals looking for a peaceful yet engaged lifestyle. The local schools and recreational activities make it a perfect environment for raising a family or enjoying the calmer pace of life.

Current Market Conditions in Mount Carmel, IL

The current real estate market in Mount Carmel has been stable, showing a consistent demand for affordable housing options. The rural charm combined with accessibility to urban amenities makes it an attractive place for first-time homebuyers, retirees, and families looking to settle down in a friendly community. Buyers are taking advantage of historically low interest rates, leading to competitive offers in the market.

Trends indicate an increase in single-family home purchases and a slight rise in property values due to the appealing nature of the town. Investors are also showing interest in rental properties due to the reliable tenant demand from local workers and families. The local real estate agency reports that homes often sell quickly, leading to more inventory being needed.

Home Value Estimator For Mount Carmel, IL

There are currently 3,746 real estate properties in Mount Carmel, IL, with a median automated valuation model (AVM) price of $109,345.00. 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 $140,097.00, 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 Sheriff Sale Homes

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