Search Results in Mount Carmel, TN

Current Market Conditions in Mount Carmel, TN

The real estate market in Mount Carmel has been steadily growing, recently recovering from the pandemic's impact. The demand for homes has increased, particularly among families looking for larger spaces and suburban benefits. Prices have shown a moderate increase as new developments and renovations take place in the area.

As of late 2023, homes in Mount Carmel are selling more quickly, with properties typically spending less time on the market compared to previous years. The market is competitive, especially for well-maintained homes and those with desirable features. Investors and first-time buyers are particularly active, contributing to overall market vibrancy.

Rent Prices In Mount Carmel, TN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Mount Carmel, TN, is on a rollercoaster ride. The average rent price in Mount Carmel, TN, is $1,010.00. Indeed, when looking to rent in Mount Carmel, TN, you can expect to pay as little as $570.00 or as much as $2,320.00, 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, TN -- 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.